He said when he was the head of the SEC that he had wanted to spend a third of his life learning, a third earning, and a third serving.
He had two children, Leslie Shad and Rees Shad, and was married to Patricia Shad.
Legacy
Shad Hall, at Harvard Business School, was named for him; in 1987, Shad had provided a $20 million endowment to the school for a "Business Leadership and Ethics" program.[2][3]
John S.R. Shad papers at Baker Library Special Collections, Harvard Business School.