Robert Addison Day

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Robert Addison Day is an American businessman, investor, and philanthropist. He was the founder and former chairman and chief executive officer of Trust Company of the West until 2009.[citation needed] He is the chairman and president of the W. M. Keck Foundation.

Robert Addison Day
Born1943
Los Angeles, California, U.S.
Died2023
Occupation(s)Businessman, investor, philanthropist
SpouseKelly Day (divorced)
Children3
RelativesWilliam Myron Keck (grandfather)

Early life

Day was born in 1943 in Los Angeles, California.[1] He received a Bachelor of Science in economics from Claremont McKenna College in 1965.[2][3] He was enrolled in ROTC while at Claremont McKenna College.

Career

Day started his career at the financial firm White, Weld and Company in New York City.[2] In 1971, he founded the Trust Company of the West.[2][4] In 2001, he sold 70% of it to the Société Générale for $2.5 billion.[4]

As of September 2011, he is worth US$1.2. billion, and he is the 283rd richest person in the United States.[4] He owns 600,000 acres of timberland in Florida.[4]

Board positions

Day serves on the board of directors of Freeport-McMoRan, Fisher Scientific, and Société Générale.[2][1] He also sits on the board of trustees of the Center for the Study of the Presidency and Congress and the Brookings Institution, where he was chairman from 1990 to 1998.[2][3] He is a member of the Business Council.[2] From 2001 to 2003, he sat on the President's Intelligence Advisory Board.[1] He is also a member of the Alfalfa Club, the California Club, the Center for Strategic and International Studies, and the Council on Foreign Relations.[1]

Philanthropy

In 2007, Day made a gift of $200 million to his alma mater Claremont McKenna College, creating the Robert Day Scholars Program. The donation was the largest recorded gift to a liberal arts college, the largest gift in the field of economics and finance, and among the top 20 gifts ever given to a college or university at the time.[3][5]

He is the chairman and president of the W. M. Keck Foundation.

Personal life

Day is the grandson of Superior Oil Company founder William Myron Keck.[6][1] Day is married to Marlyn Gates. He has 3 children and lives in Los Angeles, California.

Politics

Day has previously been a donor and economics advisor to the former Governor of California, Arnold Schwarzenegger.[5] In October 2006, Day hosted a fundraiser with then-President George W. Bush, which raised US$1 million for the Republican Party.[7] In 2015, Day donated $1.1 million to Super PACs supporting Republican presidential candidates Jeb Bush and Carly Fiorina.[8]

References

  1. ^ a b c d e NNDB profile
  2. ^ a b c d e f 'Robert Addison Day Elected to Board of Trustees', on Brookings Institution website, July 06, 1998 "Robert Addison Day Elected to Board of Trustees - Brookings Institution". Archived from the original on 2007-11-02. Retrieved 2011-11-10.
  3. ^ a b c Claremont McKenna College document
  4. ^ a b c d Forbes profile
  5. ^ a b Larry Gordon, 'Claremont McKenna gets huge donation', in The Los Angeles Times, September 27, 2007 [1]
  6. ^ Haute Living profile
  7. ^ Gabriel Snyder, Inside Move: H'wood picks side in campaign fund fight, Variety, October 04, 2006
  8. ^ "Million-Dollar Donors in the 2016 Presidential Race". New York Times. 25 August 2015. Retrieved 14 October 2015.