Howard C. Sheperd

Howard Cottrell Sheperd
Born October 15, 1894
Vincennes, Indiana
Died February 17, 1980 (aged 85)
Education DePauw University (1917)
Children Howard Cotterill Sheperd, Jr.
Parent(s) Albert M. Sheperd
Clara S. Burlingame

Howard Cottrell Sheperd (October 15, 1894 – February 17, 1980) was chairman of the predecessor to Citibank from 1952 to 1959 and a founder of WNET, the New York City Public Broadcasting Service outlet.[1]

Biography

Sheperd was born in Vincennes, Indiana to Albert M. Sheperd and Clara S. Burlingame on October 15, 1894.

He graduated from DePauw University in 1916 after entering a First National City Bank training class. He served in World War I and returned to the bank advancing up the ladder from assistant cashier.

In 1945, his son Howard Cotterill Sheperd, Jr., was killed in the Battle of Iwo Jima.

He was named president and director in 1948 and chairman in 1952. In 1955, National City Bank of New York bought First National Bank of the City of New York to form First National City Bank.[1]

In 1959, he left the company because of mandatory retirement provisions at age 65. At the time of his retirement, the bank was the second largest in the United States.[1]

In 1961, he led a group seeking to acquire WNTA-TV in Newark, New Jersey, to turn it into New York City's first noncommercial educational television station.

He died on February 17, 1980 in Bronxville, New York.[1]

References

  1. 1.0 1.1 1.2 1.3 "Howard Sheperd, 85, Dies; Banker Headed Channel 13". New York Times. February 18, 1980. Retrieved 2012-09-16. Howard C. Sheperd, who rose from a college-graduate trainee to chairman of the board of the old First National City Bank of New York, and who later played a leading role in the establishment of educational television in the New York area, died yesterday at his Bronxville, N.Y., home. He was 85 years old.
Business positions
Preceded by
William Gage Brady, Jr.
Chairman of Citigroup
19521959
Succeeded by
James Stillman Rockefeller