Frank V. Schwinn, 67; of Bicycle Firm Family
From Times Wire Services
CHICAGO —
Frank V. Schwinn, grandson of the man whose name has become synonymous with bicycles, has died at his home, the firm announced Thursday.
Schwinn, 67, chairman and chief executive officer of the Schwinn Co., died Tuesday of an undisclosed cause at his North Side home, a company statement said.
A lifetime Chicago resident, Schwinn was the third generation of a family devoted to the bicycle business founded by his grandfather in 1895.
Schwinn became president and chief executive officer of the company in 1963, and his brother, Edward Sr., was named executive vice president after the death of their father, Frank.
