J. Peter Grace | |
---|---|
Born | Joseph Peter Grace Jr. May 25, 1913 Manhasset, New York, United States |
Died | April 19, 1995 Manhattan, New York, United States | (aged 81)
Education | Yale University |
Political party | Democratic |
Board member of | W. R. Grace and Company, Grace Shipping Company, Grace National Bank, Citicorp, Ingersoll-Rand, Magnavox |
Spouse |
Margaret Fennelly (m. 1941) |
Children | 9 |
Father | Joseph Peter Grace Sr. |
Relatives | William Russell Grace (grandfather)
Michael P. Grace (great uncle) Michael P. Grace II (brother) |
Honors |
|
Joseph Peter Grace Jr. (May 25, 1913 – April 19, 1995)[1] was an American industrialist who was president of the diversified chemical company, W. R. Grace & Co., for 48 years, making him the longest serving CEO of a public company.
Born in Manhasset, New York, he succeeded his father, Joseph Peter Grace Sr. (1872–1950), as President and CEO of W. R. Grace and Company after his father suffered a stroke in 1945. The firm was founded by his grandfather William R. Grace, the first Roman Catholic to be elected Mayor of New York City. Michael Paul Grace, an earlier chairman of the board of directors of W.R. Grace & Co., was his uncle. His maternal grandfather was Charles B. Macdonald, a major figure in early American golf who built the first 18-hole course in the United States.[2]