Paul is a disabled Veteran who left the Navy after 14 years in diverse, forward-deployed roles to return to Chicago to accept the job of Director for the Chicago Police Department. Upon leaving public service in 1998, he moved into private enterprise, serving in executive leadership roles in varied industries ranging from aerospace to consumer goods. He is the former Vice Chairman of the International Port Authority and is currently serving on a number of charitable boards and foundations. He is an active member of the Veteran community, primarily as an advocate for Veteran employment. He is the former President of the national association that represents the business interests of disabled-Veteran owned businesses.
A inadvertent serial entrepreneur, Paul has started four successful companies since leaving the Navy. While transitioning he and the producer for NBC News founded a boutique crisis management company that consulted only for executives of Fortune 500 companies and professional athletes. After selling that company, he joined a team that created a start-up rocket company in pursuit of the X Prize, an international award for the first civilian company to successfully launch a craft to the edge of space (100 km) twice in 24 hours. Then, for more than a decade, Paul worked entirely for others in diverse, executive roles. In 2009 he and a group of fellow disabled Veterans created an engineering company to design hospitals for the Department of Veterans Affairs. In seven years, Bancroft Architects + Engineers has grown to 39 full-time engineers and architects working from nine offices across the country. At this writing, Bancroft has active projects in 22 states and three countries, including the design of a biosafety lab in Outer Mongolia for the World Health Organization.
In 2012, Paul founded the Veteran Beer Company. The company employs only Veterans and seeks to partner only Veteran-owned businesses that commit to hiring other Veterans throughout the supply chain. Disabled Veterans have hiring preference above all others. To date, the company has entered 42 nationally judged craft beer events and has medaled in 39 of them.
Though a reluctant student, he holds degrees from the United States Naval Academy and the University of Chicago. Perpetually pursuing education, Paul has other advanced degrees underway (in addition to classes he’s constantly auditing at personal expense from the College of Hard Knocks).
As a Navy pilot, Paul was drawn to operating in environments with narrow margins for error. He exercised those same skills as a professional driver in some of the world’s top racing series. He was the American driver in the Porsche Supercup Series supporting F1 in Europe for two seasons. He also earned numerous top-ten finishes in some of the world’s top endurance sports car races, including the 24 Hours at Daytona, the 24 Hours of Nurburgring, the Silverstone 24 Hours and the Six Hours of Monte Carlo. In 2000, he won La Carrera Panamericana.
When not working, Paul is working. He swims seven mornings a week, and is a volunteer coach for a group of masters swimmers four days a week. He has completed two Ironman competitions in his life, but will never, ever do another. An avid reader, Paul falls asleep every night with a book in hand.