Former James River CEO sells Lake Forest villa

At the back, a sculpture on a pedestal in the shallow end of the pool and a pergola on the stone terrace contribute to “the feeling of being in the Mediterranean”, Chedid said.

Designed by architect Steve Rugo of Chicago firm Rugo/Raff, the home spans just under 1.2 acres on the inner side of Lake Road, about a block from the sidewalk to the municipal beach. of LakeForest.

In the 1980s, Miles Marsh held executive positions at Chicago-area companies Kraft and Whitman before moving to St. Louis to run the Whitman Pet spin-off, which made evaporated milk and soup. Progress, among others. After Pet was acquired by a British conglomerate, Marsh became CEO of paper company James River, based in Green Bay, Wisconsin. In 1997, Marsh merged the company with another Green Bay paper company, Fort Howard, and became CEO of its successor company, Fort James.

In 2000 Georgia-Pacific acquired Fort James and Marsh left the company. Over the next few years, he was listed on several boards, including Morgan Stanley and Whirlpool.

If it sells at or near the asking price, the Marshes’ home will be the first in Lake Forest to fetch more than $6 million since Marshall Field V sold his 15-acre estate for $6.2 million in June. 2021.

About Patrick K. Moon

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