James Stillman Rockefeller | |
|---|---|
Rockefeller inTime magazine in 1924 | |
| Born | (1902-06-08)June 8, 1902 |
| Died | August 10, 2004(2004-08-10) (aged 102) |
| Education | The Taft School (1920);Yale University (1924) |
| Spouse | |
| Children | 4 |
| Parent(s) | William Goodsell Rockefeller Elsie Stillman |
| Relatives | Rockefeller family |
| Medal record | ||
|---|---|---|
| Men'srowing | ||
Representingthe United States | ||
| Olympic Games | ||
| 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,[1] then became president of what eventually becameCitigroup. He was a trustee of theAmerican Museum of Natural History and a member of the board of overseers ofMemorial Sloan Kettering Cancer Center.[2]
He was born on June 8, 1902, toWilliam Goodsell Rockefeller (1870–1922) and Elsie Stillman, daughter ofJames Stillman, in theManhattan borough ofNew York City.[2] He graduated fromThe Taft School,Watertown, Connecticut, in 1920, and graduated fromYale University in 1924, where he was elected toScroll and Key andPhi Beta Kappa. He was also a member ofDelta Kappa Epsilon. That same year Rockefeller captained a crew of Yale teammates that includedBenjamin Spock. Theywon a gold medal inrowing at the1924 Summer Olympics inParis, France.[2] Rockefeller appeared on the cover ofTime magazine on July 7, 1924.
Rockefeller returned from the Olympics and spent the next six years with the Wall Street banking firm ofBrown Bros. & Co.[2] In 1930, he joined theNational City Bank in New York, of which his maternal grandfather,James Stillman, had once been president and chairman of the board.[3] Rockefeller himself became president of the bank in 1952, and chairman of the board in 1959. He retired as chairman in 1967.[2][4] During his tenure, the bank merged with the smaller First National Bank and took the name The First National City Bank of New York.[citation needed]
Under each of his successors, the bank's name has changed:George S. Moore shortened it to "First National City Bank" and formed a holding company, First National City Corp. UnderWalter B. Wriston these became "Citibank" (the bank's long-time nickname) and "Citicorp" respectively. UnderJohn Reed the firm merged withTravelers Group to becomeCitigroup. DuringWorld War II, Rockefeller served in the Airborne Command.[2]
On April 15, 1925, he married Nancy Carnegie, who died in 1994.[5] She was a granddaughter ofThomas M. Carnegie and grandniece ofAndrew Carnegie. Nancy helped establish the Greenwich Maternal Health Center in 1935.[5] Together, they had four children:
Rockefeller died on August 10, 2004, at the age of 102 inGreenwich, Connecticut, following astroke.[2]
Rockefeller lived inGreenwich, 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.[14] His house was sold in 2004 for $13.4 million and resold in 2009 for $23.9 million.[citation needed]
In January 1937, he became the full owner ofLong Valley Farm nearSpring Lake inCumberland County andHarnett County, North Carolina.[15]
At the time of his death, Rockefeller had four children, fourteen grandchildren, thirty-seven great-grandchildren, and one great-great-granddaughter. Aged 102, he was America's oldest living Olympic champion, and the earliest living cover subject ofTime magazine.[citation needed]
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. ...
James Stillman, Chairman of the Board of Directors of the National City Bank, the Presidency of which he resigned in 1908, when he was succeeded by Frank A. Vanderlip, died suddenly yesterday afternoon at 5:30 O'clock at his home, 9 East Seventy-second Street. ...
| Business positions | ||
|---|---|---|
| Preceded by | Chairman of First National City Bank 1959–1967 | Succeeded by |
| Awards and achievements | ||
| Preceded by | Cover of Time Magazine July 7, 1924 | Succeeded by |