James A. Attwood Explained

James Albert Attwood Sr. (June 1, 1927 – October 31, 1989) was an American insurance executive.

Early life

Attwood was born on June 1, 1927, in Detroit, Michigan and graduated from the University of Michigan. His two sisters were Evelyn (Attwood) Hansen and Beatrice (Attwood) Smith.

Career

Attwood began his career as an actuary at The Equitable Life Assurance Society, eventually serving as senior executive vice president and chief investment officer.[1] [2] In 1983, he joined the Mutual Life Insurance Company of New York,[3] and became its chairman and chief executive before he retired in July 1988. In joining MONY, Attwood went "to the ninth-largest mutual insurance company from the third largest and will be moving three and a half blocks in Manhattan to his new headquarters." He was MONY's 14th chief executive in its 140-year history.[3] While at MONY, he diversified the insurance company's holdings into "a modified life insurance company providing a broader range of financial services".[4] In 1987, Richard S. Schweiker, then president of the American Council of Life Insurance (and former U.S. Senator from Pennsylvania and the U.S. Secretary of Health and Human Services), said of him:[4]

"Jim Attwood is a person who has a clear, set goal and works constantly toward it. He has certainly taken a very strong leadership role in the insurance industry."[4]

He also served as a vice president of the Society of Actuaries,[5] and was a member of the board of the Committee for Economic Development and the New York City Partnership, Fisk University and the New York Theological Seminary.

Personal life

Attwood was married to Pauline, the director of the Bronxville Adult School.[6] Together, they lived in Bronxville, New York and were the parents of:

Attwood died of acute anemia at New York Hospital on October 31, 1989.[10]

Notes and References

  1. News: Equitable Names Three . 14 March 2022 . . 28 November 1967.
  2. News: Equitable Life Elects 10 . 14 March 2022 . . 8 December 1969.
  3. News: Cuff . Daniel F. . BUSINESS PEOPLE; MONY's New Chief Was at Equitable . 14 March 2022 . . 27 May 1983.
  4. News: Sloane . Leonard . MONY'S WIDE DIVERSIFICATION . 14 March 2022 . . 18 April 1987.
  5. Web site: AMERICAN ACADEMY OF ACTUARIES 1989 YEARBOOK . www.actuary.org . . 14 March 2022.
  6. News: Brenner . Elsa . It's Back to School for Adults, Too . 14 March 2022 . . 16 September 1990.
  7. News: Leadership profile: A conversation with James A. Attwood Jr. J.D./M.B.A. '84. October 28, 2016. Harvard Law Bulletin. October 5, 2015.
  8. News: Terry Attwood Bride Of Thomas Beckmann . 14 March 2022 . . 7 December 1986.
  9. News: Dorothy Attwood Becomes a Bride . 14 March 2022 . . 21 August 1983.
  10. News: James A. Attwood, 62, Ex-Insurance Executive . 14 March 2022 . . 2 November 1989.