James Stillman Rockefeller Explained

James Stillman Rockefeller
Birth Date:8 June 1902
Birth Place:Manhattan, New York City, US
Death Place:Greenwich, Connecticut, US
Education:The Taft School (1920); Yale University (1924)
Children:4
Parents:William Goodsell Rockefeller
Elsie Stillman
Relatives:Rockefeller family

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 became 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.

Early life and rowing

He was born on June 8, 1902, to William Goodsell Rockefeller (1870–1922) and Elsie Stillman, daughter of James Stillman, in the Manhattan borough of New York City. He graduated from The Taft School, Watertown, Connecticut, in 1920, and 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. Rockefeller appeared on the cover of Time magazine on July 7, 1924.

Career

Rockefeller returned from the Olympics and spent the next six years with the Wall Street banking firm of Brown Bros. & Co. 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.[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 S. Moore shortened it to "First National City Bank" and formed a holding company, First National City Corp. Under Walter B. Wriston these became "Citibank" (the bank's long-time nickname) and "Citicorp" respectively. Under John Reed the firm merged with Travelers Group to become Citigroup. During World War II, Rockefeller served in the Airborne Command.

Personal life

On April 15, 1925, he married Nancy Carnegie, who died in 1994.[3] She was a granddaughter of Thomas M. Carnegie and grandniece of Andrew Carnegie. Nancy helped establish the Greenwich Maternal Health Center in 1935.[3] Together, they had four children:

Rockefeller died on August 10, 2004, at the age of 102 in Greenwich, Connecticut, following a stroke.[12]

Residences

Rockefeller lived in Greenwich, Connecticut, in a 19000square feet 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.[13] His house was sold in 2004 for $13.4 million and resold 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.[14]

Legacy

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 of Time magazine.

External links

Notes and References

  1. Web site: James Stillman Rockefeller . Olympedia . 30 October 2021.
  2. Citigroup Company history – CitiBank – 1940–55Web site: Citi's - History . October 15, 2016 . dead . https://web.archive.org/web/20110604091802/http://www.citigroup.com/citi/corporate/history/citibank.htm . June 4, 2011 .
  3. News: Nancy Rockefeller, 93, Community Volunteer. March 3, 2017. The New York Times. January 23, 1994.
  4. News: Mrs. J. S. Rockefeller. March 3, 2017. The New York Times. April 15, 1969. en.
  5. News: Miss Rockefeller Greenwich Bride Daughter of James Stillman Rockefellers Wed in Church to Barclay McFadden Jr.. March 3, 2017. The New York Times. June 30, 1949.
  6. News: BARCLAY M. M'FADDEN. March 3, 2017. The New York Times. June 15, 1973.
  7. Miss Nancy Rockefeller. The Quarterly Bulletin. 28. March 3, 2017.
  8. News: Weddings; Emily Freund, Ledyard McFadden. March 3, 2017. The New York Times. June 9, 1996.
  9. Web site: Daniel Noyes Copp Sr.. legacy.com. The Commercial Appeal. March 3, 2017. July 19, 2015.
  10. News: Gesu. Antony Dl. Jean V. Mackay Becomes Fiancee; Nurse Will Be Wed in July to Andrew Rockefeller, Who Is a '51 Yale Graduate. March 3, 2017. The New York Times. May 9, 1957.
  11. News: Georgia S. Rockefeller Married In Greenwich to J. Harden Rose; Couple, Has 17 Attendants at Candlelight Ceremony in Christ Episcopal Church. March 3, 2017. The New York Times. June 30, 1957.
  12. News: James S. Rockefeller, 102, Dies; Was a Banker and a '24 Olympian . 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. ... . . August 11, 2004 . September 16, 2012 .
  13. News: lin . Sara . 2009-07-11 . Rockefeller Estate Sells; Esprit's Jurgen Friedrich Cuts Price of Home . en-US . Wall Street Journal . 2023-08-02 . 0099-9660.
  14. Web site: Davyd Foard Hood and Margaret Stephenson . Long Valley Farm . National Register of Historic Places – Nomination and Inventory . August 1993. North Carolina State Historic Preservation Office . August 1, 2014.