In Memoriam
Shane M. Wallace

Shane M. Wallace

Former Garden City resident Shane M. Wallace, husband of Dana nee McAleer and father of son James, died Tuesday at his home in Greenwich, CT. He was 38. Mr. Wallace succumbed after a valiant fight with brain cancer for more than a year. At the time of his death, Mr. Wallace was the Head of J. P. Morgan Chase's Telecommunications Mergers & Acquisitions Group.

Mr. Wallace was a graduate of Bronxville High School and Dartmouth College. At Dartmouth Mr. Wallace was a member of Psi Upsilon fraternity and a writer for The Dartmouth Review newspaper. A lifelong republican, Mr. Wallace also worked during his undergraduate years as an intern for then Vice President Day Quayle.

Mr. Wallace, an investment banker for J.P. Morgan who played a leading role on a number of the largest telecommunications and corporate defense transactions of the last fifteen years, came to J.P. Morgan directly out of college and immediately became one of the rising young stars of its growing mergers and acquisitions advisory business. In an era when many investment bankers move from one firm to another, Mr. Wallace spent his entire career at J.P. Morgan. In the 1990's, Mr. Wallace worked on strategic advisory transactions for a number of the leading industrial companies in corporate America, including Ford, Norfolk Southern and Westinghouse. Mr. Wallace also played a prominent role on J.P. Morgan's defense advisory team and in that capacity worked on hostile defense assignments for many of the world's leading corporations, including Telecom Italia, Pennzoil and Computer Sciences.

In 2001, Mr. Wallace moved to San Francisco to lead the firm's Mergers & Acquisitions Group for the western United States where he came to play an increasingly prominent role in the telecommunications industry consolidation including, advising Crown Castle on its merger with Global Signal, MCI on its sale to Verizon and Nextel on its merger with Sprint. Earlier this year, Mr. Wallace also advised Alltel on its $27 billion going private transaction, the largest such transaction in telecommunications sector completed to date.

Mr. Wallace was an accomplished wing shot, fly fisherman and skier whose passion for the outdoors gave countless hours of joy to him and those who had the privilege of spending time with him in the field, stream and slope. He also was an avid country music fan and sang several duets with country music legend Jerry Jeff Walker during a recent celebration thrown for him by his wife.

Mr. Wallace is survived by his wife, Dana; son, James; his mother, Sheila of New York City; his father, Ronald and stepmother, Sue of Yellville, Arkansas; and his sister, Amanda and her partner Tamara of New York City.

In lieu of flowers, the family has requested that donations be made in his memory to Accelerate Brain Cancer Cure. Donation information is available by either calling 202-419-3140 or accessing the website at www.abc2.org.

Funeral services will be held at 2 p.m. on Monday, October 15, at Christ Church Greenwich, 254 East Putnam Avenue, Greenwich, CT.