James Stillman Rockefeller
| James Stillman Rockefeller | |
|---|---|
|
Rockefeller, Time, 1924 | |
| Born |
June 8, 1902 New York City, New York |
| Died |
August 10, 2004 (aged 102) Greenwich, Connecticut |
| Cause of death | Stroke |
| Education | Yale University (1924) |
| Spouse(s) |
Nancy Carnegie (m. 1925; her death 1994) |
| Parent(s) |
William Goodsell Rockefeller Elsie Stillman |
| Relatives |
William Rockefeller (grandfather) James Stillman (grandfather) |
| Medal record | ||
|---|---|---|
| Men's rowing | ||
Representing the  United States
| ||
| Olympic Games | ||
.svg.png){kind=icon} | 1924 Paris | Men's eight |
James Stillman Rockefeller (June 8, 1902 – August 10, 2004) was a member of the prominent U.S. Rockefeller family. He won an Olympic rowing title for the United States then became president of Citigroup. He was a trustee of the American Museum of Natural History and a member of the board of overseers of Memorial Sloan-Kettering Cancer Center.[1]
Early life and rowing
He was born on June 8, 1902 to William Goodsell Rockefeller and Elsie Stillman in New York City.[1] He graduated from Yale University in 1924, where he was elected to Scroll and Key and Phi Beta Kappa. He was also a member of Delta Kappa Epsilon. That same year Rockefeller captained a crew of Yale teammates that included Benjamin Spock. They won a gold medal in rowing at the 1924 Summer Olympics in Paris, France.[1] He appeared on the cover of Time magazine on July 7, 1924.
Career
He spent six years with the Wall Street banking firm of Brown Bros. & Co..[1] He joined the National City Bank in New York in 1930 and was president from 1952 to 1959 and chairman from 1959 to 1967. He retired as chairman in 1967.[1][2] During his tenure, the bank merged with the smaller First National Bank and took the name The First National City Bank of New York.
Under each of his successors, the bank's name has changed: George Moore shortened it to "First National City Bank" and formed a holding company, First National City Corp.; under Walter B. Wriston these became "Citibank" and "Citicorp"; under John Reed the firm merged with Travelers Group to become Citigroup. During World War II, Rockefeller served in the Airborne Command.[1]
Personal life
On April 15, 1925, he married Nancy Carnegie, grandniece of Andrew Carnegie. Together, they had four children:
- James Rockefeller Jr.
- Nancy Rockefeller
- Andrew Rockefeller
- Georgia Rockefeller
He died on August 10, 2004 at the age of 102 in Greenwich, Connecticut following a stroke.[1]
Residences
He lived in Greenwich, Connecticut in a 19,000-square-foot (1,800 m2) brick Georgian mansion, built in 1929, with 11 bedrooms and 16 marble bathrooms on four levels. There are 12 fireplaces, an elevator, an outdoor pool and English gardens.[3] His house was sold in 2004 for $13.4 million and resold again in 2009 for $23.9 million.
In January 1937, he became the full owner of Long Valley Farm near Spring Lake in Cumberland County and Harnett County, North Carolina.[4]
Legacy
At the time of his death, Rockefeller was survived by four children, fourteen grandchildren, thirty-seven great-grandchildren, and one great-great granddaughter. Rockefeller was America's oldest living Olympic champion, and the earliest living cover subject of Time magazine.
References
- 1 2 3 4 5 6 7 "James S. Rockefeller, 102, Dies; Was a Banker and a '24 Olympian". New York Times. August 11, 2004. Retrieved 2012-09-16.
James Stillman Rockefeller, who helped capture an Olympic rowing title for the United States before a banking career with a company that eventually become Citigroup, died yesterday at his home in Greenwich, Conn., his family announced. He was 102. ...
- ↑ Citigroup Company history - CitiBank - 1940-55 http://www.citigroup.com/citi/corporate/history/citibank.htm
- ↑ Wall Street Journal, July 5, 2009. http://online.wsj.com/article/SB10001424052970204120604574252133315358994.html
- ↑ Davyd Foard Hood and Margaret Stephenson (August 1993). "Long Valley Farm" (pdf). National Register of Historic Places - Nomination and Inventory. North Carolina State Historic Preservation Office. Retrieved 2014-08-01.
External links
| Business positions | ||
|---|---|---|
| Preceded by Howard C. Sheperd |
Chairman of First National City Bank 1959–1967 |
Succeeded by George S. Moore |
| Awards and achievements | ||
| Preceded by William Howard Taft |
Cover of Time Magazine 7 July 1924 |
Succeeded by Alexey Rykov |