Dean Witter, Jr., son of the founder of the firm of that name, was a member of Skull & Bones, Class of 1944.The Foundation / The Dean Witter Foundation
The brokerage firm of Reynolds & Company was founded in 1931 by
Richard S. Reynolds Jr., Thomas F. Staley, and Charles H. Babcock [Jr.]. In
1978, during the time of his
grandson, Thomas F. Staley, Reynolds & Co. merged with Dean Witter,
and Sears, Roebuck & Co. acquired Dean Witter Reynolds in 1981.
(Witter, Reynolds Set Biggest Merger in Wall St. History. New York
Times, Oct. 4, 1977.) Staley was the grandson of Major D. Reynolds, an
older brother of RJ Reynolds, the head of R.J.
Reynolds Tobacco, who had a
"conversion experience that
led him to leave the tobacco business." "Both of Staley's parents were
evangelicals, especially interested in
the foreign missionary movement." (The Thomas F. Staley Foundation.
North Carolina Wesleyan College.) Charles H. Babcock married a daughter
of R.J. Reynolds and was a director of R.J. Reynolds Tobacco in 1957.
Democratic presidential candidate Howard Dean's
father was a senior
executive of Dean Witter Reynolds. He is the anointed choice of the
Lasker health lobby insiders who have controlled the Democratic Party
since the 1940s.
Mrs. E. Lee Ozbirn, Region VII director of the American Cancer
Society in 1957, was Policy Chairman of The Sears Roebuck Foundation
Community Achievement Contest. (Know Your Board of Directors. The
American Cancer Society, 1957.)
W. Wallace Tudor, vice president of Sears Roebuck and Company, was a member of the council on medical and biological research at the University of Chicago, whose chairman, Gardner H. Stern, said the division is engaged in one of the most intensive cancer research programs in the world with 9 million dollars spent each year for cancer research and education. Other members included Dr. Lowell T. Coggeshall, vice presidents for special assignments, University of Chicago [former president of the American Cancer Society]; Fairfax M. Cone, chairman of the executive committee of Foote, Cone & Belding; Peter G. Peterson, President of Bell & Howell Co.; and Henry Crown and Maurice Goldblatt [who were founding members of the University of Chicago Cancer Research Foundation in 1946]. (U. of Chicago Appoints Advisory Council. Chicago Tribune, Jul. 18, 1965.)
Tudor received a special citation for fund raising from the American
Society (A.M.A. Chief Promises Drive to Expose Cancer Quackery, by
Morris Kaplan. New York Times, Oct. 27, 1961.) "W. WALLACE TUDOR Oak
Park, Ill.; Delegate-Dir. (1963- ). Vice President, Personnel &
Employee Relations, Sears, Roebuck and Co. ACS Crusade Chairman: Natl.
(196l), Ill. (1954), So. Side Chicago (1953); Ill Div.: Bd. Chmn.
(1963- ); Pres. (1959-63); Chmn., Exec. Comm. (1957); Natl. Div'l.
Award (1959). Director: Sears, Roebuck and Co.; Sears Bk. and Trust
Co.; Am. Retail Fed.; Rehabilitation Inst. of Chicago. Member: Finance
Committee, Internat. Union Against Cancer; Univ. of Chicago Cancer
Research Foundation; Council on Medical and Biological Research, Univ.
of Chicago; Cir. Fellow: Inst. of Med. of Chicago." (W. Wallace Tudor.
1968 House of Delegates and Board of Directors, American Cancer Society
Inc., p. 35.)
Roderick M. Hills, the husband of RAND trustee Carla A. Hills, was Chairman and CEO of Sears World Trade Inc. from 1982 to 1984.
Former Deputy Director of Central Intelligence (1978-1980), US Secretary of Defense (1987-1989) and Emeritus Chairman of The Carlyle Group, Frank C. Carlucci was the President and Chief Operating Officer from 1983, then Chairman and CEO of Sears World Trade Inc. from 1984 to 1986. He was a trustee of the RAND Corporation.
Hall ("Cap") Adams Jr., Chairman of the Board and CEO of Leo Burnett Co., who handled their Philip Morris account, and is an old buddy of Donald Rumsfeld and Edgar Jannotta of William Blair & Co. (Oral History Interview. Phillip Morris, Inc., Mar. 24, 1986; The Don, by Carol Felsenthal. Chicago Magazine June 2001.) He is also a director of McDonald's Corp. Adams became a Sears director in 1993.Felsenthal / Chicago Magazine 2001
Adams is a large financial supporter of former American Health Foundation trustee John D. Twiname's Health Care Chaplaincy.
Warren L. Batts, Chairman and CEO of Premark International, and a Trustee of Northwestern University, and a Sears director since 1986.
Edward A. Brennan, Chairman of the Board and CEO of Sears since 1986, and a director since 1978.
James W. Cozad, Chairman and
CEO of Whitman Corp., also a director
of Inland Steel and Eli Lilly & Co., joined the
Sears board in 1993. In 1968, he was treasurer of Philip Morris.
William E. LaMothe, former Chairman and CEO of the Kellogg Company, appointed in 1992. He was a director of The Upjohn Co., whose Chairman of the Board and CEO was Mary Lasker's longtime correspondent, Dr. Theodore Cooper. Former Sears World Trade Chairman and CEO Frank Carlucci was also a director of Upjohn.
Arthur C. Martinez, also a director of Ameritech, joined the Sears board in 1995. He was Senior Vice President and a director of Batus, Inc., from January 1987 until August 1990. Batus is a subsidiary of B.A.T. Industries PLC. the parent corporation of Brown & Williamson Tobacco Company. (Profiles. Tobacco Documents Online.)
Michael A. Miles, Chairman of the Board and CEO of Philip Morris Companies Inc., from September 1991 until his retirement in July 1994; also a director of Time Warner. He is also a Special Limited Partner of Forstmann Little & Co., the investors behind Gulfstream Aerospace Corp., of which Donald Rumsfeld and former Philip Morris director Roger Penske are directors. He was appointed in 1992.
Sybil C. Mobley, Dean of the School of Business and Industry at Florida A&M, also a director of Anheuser-Busch, Dean Witter, Discover, Hershey Foods, Southwestern Bell and Champion International, a Sears director since 1982.
Nancy C. Reynolds, Senior Consultant to The Wexler Group, a unit of
Hill and Knowlton, Inc., and Vice Chairman of the Wexler Group and
Senior Vice President of Hill and Knowlton Public Affairs Worldwide
from 1990 to 1992, Sears director since 1982. "Office of the First
Lady. Nancy Reynolds, a Bendix Corp. vice president long associated
with Reagan." (White House Transition Team. Washington Post, Feb. 18,
Ann Wexler, "one of Washington's premier lobbyists,... has prospered as the head of her own firm, which she started the day after she left the Carter White House in January 1981. In 1983 she was astute enough to acquire as her partner Nancy Reynolds, who had worked for Ronald Reagan for ten years. When she left the White House, Wexler, who had been in charge of 'outreach' -working with outside groups in support of Carter's objectives- took with her what was believed to be the biggest Rolodex in town." (The Money Culture, exerpted from the book The Corruption of American Politics, by Elizabeth Drew. The Overlook Press, 1999.)Drew, The Money Culture / Third World Traveler
Clarence B. Rogers, Jr., a former Senior Vice President of IBM, also a director of Dean Witter, and a Sears director since 1980.
Donald Rumsfeld, director since 1977, senior advisor to William Blair & Co. from 1985 to 1990 and a director of the Kellogg Company and the Tribune Co.; the present Secretary of Defense. He is a former trustee of the American Health Foundation and of the RAND Corporation.
Dorothy A. Terrell, President of SunExpress, an operating company of Sun Microsystems, joined the Sears board in 1995.
Directors from 1995 continuing in 2002 were Michael A. Miles, Dorothy A. Terrell, Warren L. Batts, and Hall Adams Jr. The new directors are:
Brenda C. Barnes, Adjunct Professor at Northwestern University, Kellogg Graduate School of Management, Sears director since 1997.
James R. Cantalupo, Vice Chairman and President Emeritus of McDonald's Corp., also a director of McDonald's, Illinois Tool Works, International Flavors and Fragrances, and Rohm & Haas; Sears director since 2000.
Donald J. Carty, Chairman, President and CEO of AMR Corp. and American Airlines, also a director of Dell Computer. He has been a Sears director since 2001.
W. James Farrell, Chairman of the Board and CEO of Illinois Tool Works, also a director of Illinois Tool Works, Kraft Foods, The Federal Reserve Bank of Chicago and UAL Corp.; Sears director since 1999.
Alan J. Lacy, the new Chairman, President and CEO of Sears since 2000.
Hugh B. Price, President and CEO of the National Urban League, also a director of the Mayo Clinic Foundation (whose emeritus public trustees include Hanna H. Gray of the University of Chicago; arch-anti-smoker Philip R. Lee; J. Irwin Miller of Cummins Engine Co.; and Lasker crony Newton N. Minow); also a director of Metropolitan Life Insurance and Verizon Communications; Sears director since 1997.Board of Trustees / Mayo Foundation
Raul H. Yzaguirre, President and CEO, National Council of LaRaza, Sears director since 2001.
Hedien was Chairman and CEO of Allstate Insurance Company, at one time owned by Sears. He was a Trustee of the American Health Foundation between December 1989 and February 1993.
President GHW Bush called Hedien and Henry Cisneros his old friends at the presentation ceremony for the All-American Cities Awards, Aug. 6, 1990. Allstate sponsors the All-American Cities Awards.All-American Cities, 1990 / Bush Presidential Library
President Clinton introduced John W. Gardner, then Chairman of the National Civic League, at the All-American Cities Award Ceremony, Sep. 8, 1994. Gardner acknowledged Florence Mahoney in the audience, then introduced Hedien, who praised Clinton for "raising productivity." Gardner was a trustee of the Salk Institute, circa 1971.All-American Cities, 1994 / Clinton papers, NARA
"Between 1988 and 1992, it turns out, the Good Hands company entrusted the training of workers coast to coast to a consultant teaching Scientology management principles." (Allstate applied Scientology methods to train its management. By Rochelle Sharp. The Wall Street Journal, 1995).Allstate / Scientology Kills Org.
Hedien was accused of stalking, harassing, and cheating Allstate agents (untitled article said to be from Fortune, Feb. 10, 1995.)Hedien / Commercial Union Consumers' Forum
Lower was the President of Allstate Life Insurance Company. He joined Allstate in 1976 and became CEO in 1990. He left in Feb. 2000 to become President and CEO of Horace Mann Educators Corp., an insurance company for teachers. (Horace Mann announces Kardos to retire, new CEO appointed. Press release, Jan. 27, 2000.)New CEO / Horace Mann Educators Corp.
Lower was a Trustee of the American Health Foundation between September 1990 and February 1993. Allstate's Chairman and CEO, Wayne E. Hedien, was also a Trustee of the AHF.
Peter Heckman, Vice President of Allstate from 1988 to 2000, joined Horace Mann as Executive Vice Presient and Chief Financial Officer a few months later. In 2001, Mary H. Futrell, past president of the National Education Association and former associate of former AHF Trustee Keith Geiger, joined the board; and Douglas W. Reynolds, Vice President of Allstate from 1976 to 2000 and then Regional Vice President of AIG from 2000-2001, joined as Executive Vice President.Horace Mann Educators Corp. 2002 DEF 14A / Securities and Exchange Commission
Reynolds reached Allstate's mandatory retirement age in 1997 and retired. She was also a director of Sears Roebuck & Co., see above.
Andress was Chairman and CEO of pharmaceutical company Warner Chilcott PLC. He was also a director of Genetics Institute, Inc., whose directors included Fred Hassan, former AHF Trustee and NHLBI Director Robert I. Levy, and Mary Lasker's crony Benno C. Schmidt. Andress joined the board of Allstate in 1993.
Batts was Chairman and CEO of the Tupperware Corporation, and was also a director of Sears.
Brennan was Chairman of the Board, President and CEO of Sears from 1989 to 1995. He has been an Allstate director since 1993.
Choate was President (since 1994), Chaiman and CEO (since 1995) of Allstate, and on its board since 1994.
Denny was the Vice Chairman of Sears from 1992 to 1995, and since 1995 was Managing Director of William Blair Capital Partners LLC. He joined the board of Allstate in 1993.
Edley was President Emeritus of the United Negro College Fund, which has been a recipient of Philip Morris's largesse for many years. He joined the board of Allstate in 1993.
Miles was the Chairman and CEO of Philip Morris Companies from 1991 to 1994, and joined the board of Allstate in 1995. He was also a director of Sears (see above) and Time Warner, and a Special Limited Partner of the investment banking firm, Forstmann Little & Co., the investors behind Gulfstram Aerospace Corp., of which Donald Rumsfeld and former PM director Roger Penske are directors.
Smith was Chairman and CEO of The MAXIMA Corproation, and also a director of Inland Steel.
Executive Vice President - Operations of Citicorp since 1997. She joined the board of Allstate in 1996.
Ackerman has been the President, Chairman and CEO of BellSouth Corporation since 1997, and a director of Allstate since 1999.
Andress retired as Chairman, President and CEO of Warner Chilcott in 2000.
Brennan is now also a director of McDonald's.
Farrell is the Chairman and CEO of Illinois Tool Works. He joined the board of Allstate in 1999. He is also a director of Sears and Kraft Foods Inc.
Greenberg was the Chairman and CEO of McDonald's until 2002. He joined the board of Allstate in Feb. 2002.
LeMay is the President and CEO of Sprint Corporation. He joined the board of Allstate in 1999.
Liddy has been the Chairman, President, CEO, and a director of Allstate since 1999.
Miles is still a director of Sears (see above), and a Special Limited Partner of the investment banking firm, Forstmann Little & Co.; and is now a director of AOL Time Warner, plus AMR Corp., Community Health Systems Inc., Dell Computer Corp., Exult Inc., and Morgan Stanley.
Reyes is Chairman of Reyes Holdings Inc., a privately held food and beverage distributor. He has been an Allstate director since 2002.
Riley is the Chairman, President, and CEO of Cooper Industries Ltd. He has been a director of Allstate since 1998.
Smith is former Chairman and CEO of The MAXIMA Corporation, which filed for bankruptcy in 1998. He is also a director of Cardio Comm Solutions Inc., Caterpillar Inc., and Federal Express Corporation.
Sprieser was Executive Vice President of Sara Lee Corp. from 1998 to 2000, also a director of Kohl's Corporation and a trustee of Northwestern University. She joined the board of Allstate in 1999.
Taylor was Chairman and CEO of Homegrocer.com from 1999 to 2000.<= HOME