George S. Moore

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Person.png George S. Moore  Rdf-entity.pngRdf-icon.png
(banker)
George S. Moore.png
BornApril 1, 1905
DiedApril 21, 2000 (Age 95)
NationalityUS
Alma materYale University
Led an early effort by multinational corporations to open Latin America to them.

George Stevens Moore (April 1, 1905 – April 21, 2000) was a chairman of Citigroup from 1967 to 1970.

Biography

Moore was born in Hannibal, Missouri and graduated from Yale University where he made money writing for the Yale Daily News and booking Broadway shows and tours to Europe for his classmates.

In 1927 he joined Farmers' Loan and Trust Company in New York City. The bank would merge with First National City Bank. He was President of Citibank (the predecessor to Citigroup) from 1959-1967 and later Chairman from 1967-1970. He was succeeded by Walter B. Wriston who was President from 1967-1970.

In 1963 Moore led an early effort by multinational corporations to create the world's first private investment company to "promote the economic development of Latin America" - or with different words, to open the region to further exploitation, with the US government as its tool. This effort led to the formation of the Adela Investment Company in September 1964 and Moore served as a director.

Moore was President of the Metropolitan Opera Association in 1967 and dealt with financial problems as the company entered Lincoln Center. Cost-saving measures included raising ticket prices, delaying the season and eliminating free summer concerts in Central Park.

Moore was the sole representative for financial interests of the Onassis family in the United States.

In 1987 he wrote "The Banker's Life" ISBN 0-393-33151-2 detailing his experiences at the bank.

Mr. Moore was inducted into the Junior Achievement U.S. Business Hall of Fame in 1976. He was awarded Meritous Service to Yale Science & Engineering Association - Hall of Achievement.

He died on April 21, 2000.[1]

Personal life

He married his first wife, the Spanish-born Beatriz Bermejillo y Braniff, the Marquesada de Mohernando, in Mexico in 1938. From this marriage was born George Bermejillo Moore (1939-2015) who married Katharine Fairfax Lipson, descendant of the Schuyler, Van Renssalear, and Bayard New York families.

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References

  1. https://www.nytimes.com/2000/04/22/business/george-moore-95-ex-banker-who-led-metropolitan-opera.html quote=George S. Moore, a banker who led the overseas expansion of what became Citibank and steered the Metropolitan Opera through turbulent financial times, died yesterday at his home in Sotograde, Spain. He was 95. ... In addition to his son by his first marriage, Mr. Moore is survived by his second wife, Charon C. Moore; their three children, daughters Christina Sendagorta and Maria Pia and a son, Steven C. Moore, all of Madrid; five grandchildren; and a great-grandson.