James C. Kellogg III

James C. Kellogg III (1915–1980) was Chairman of the Port Authority of New York & New Jersey and Chairman of the Board of Governors of the New York Stock Exchange.

Kellogg attended the Pingry School, graduating in the class of 1933.[1] He became the youngest member of the NYSE, purchasing his seat at age 21 in 1936, and the youngest person to be elected Chairman, a position he held from 1956 to 1958.[2] Mr. Kellogg was senior partner in the Wall Street specialty firm of Spear, Leeds & Kellogg, a position later held by his son Peter Kellogg. The firm was acquired by Goldman Sachs in November, 2000 in a deal valued at US $6.5 billion.[3]

Kellogg was a longtime resident of Elizabeth and Bay Head, New Jersey and was active in local affairs.[4] James Kellogg was a nephew of industrialist M.W. Kellogg. Mr. Kellogg was a Democratic nominee for Union County Freeholder in 1954, a trustee of Children's Specialized Hospital and President of the Elizabeth Town & Country Club. He was also a trustee of the South Street Seaport Museum in New York and a member of the finance committee of his alma mater, Williams College.[2]

Notes

  1. ^ Staff. "The Kellog Family: Continuing the Pingry Tradition", The Pingry Review, Spring 2007, p. 7. "The Rankin/Kellogg connection to Pingry was renewed decades later when John C. Rankin, Jr.’s granddaughter, Elizabeth “Betty” Irwin, married James C. Kellogg III, Pingry Class of 1933. Mr. James C. Kellogg III ’33 was the first Kellogg to attend Pingry, setting a tradition for years to come."
  2. ^ a b Staff. "James Kellogg 3d, 65, Once Headed Port Authority; Senior Member of Port Unit Served Williams College", The New York Times, December 30, 1980. Accessed February 11, 2011.
  3. ^ http://www2.goldmansachs.com/our-firm/press/press-releases/archived/2000/2000-09-11.html
  4. ^ Parks and Other Public Properties of the City of Elizabeth New Jersey, by Joseph T Hague, Elizabeth, 1920