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10 Within 10 Recognition

Mike Schuette '05

Mike Schuette's headshot for the Alumni Awards and he is wearing a dark suit with a light blue collared shirt and he has short brown hair and is smiling with teeth.

College: College of Business Administration 

Location: Chicago, IL

Job Title & Employer: Vice President, Leumi Investment Services

Mike has been recognized by JPMorgan Chase’s CEO Jamie Dimon as a Presidents Club Recipient (Top 25 bankers out of 23,000+) four times. In addition to sitting on the board of Central States SER, a workforce development and education organization, he also started his own nonprofit called Three Gentlemen, which aims to inspire Chicago men to live a life full of passion, character, integrity, chivalry, and philanthropy. And he helped launch the Schuette Family Scholarship at CMU.

What is the best resource young people can contribute to the world?

“The best resource our younger generation has is a different perspective than the generation prior.”

What motivates you?

“I am motivated by success. Success to me is challenging myself to be an expert at my role within the firm. It’s determining what I need to do to reach the goals I have set for myself and work as hard as I need to until they are completed and accomplished.”

What is your proudest achievement so far?

“My proudest achievement so far professionally is being a four-time Presidents Club Private Banker with JPMorgan Chase.”

What is the best piece of advice you have received?

“The ability to build solid relationships and doing the right thing for my clients are the most important aspects of being successful in business.”

Why is it important for you to stay connected to CMU?

“Our support not only helps students financially but also gives them the ability to network themselves to an internship, a client, or, better yet, a full-time job that they may never have known about.”

10 years of 10 within 10 - 2023 update

Current city and state:

Mount Pleasant, MI

Current job title and employer:  

Chief Operating Officer; Merchandise Outlet Inc.

What is happening in your life today that you didn't expect when you were named one of the 10 within 10?

When I was named 10 Within 10, I was living in Chicago and working for JPMorgan's Private Banking group. In 2016, I decided to move back home to Mt Pleasant and run our family business (Merchandise Outlet). Since then, I have opened four new locations in Michigan (12 total) and have nearly tripled our revenues. I never thought that would happen, but here we are. :)