Richard M. Rosenberg

Richard Morris Rosenberg (1930–2023) was an American executive.

Biography

Rosenberg was born on April 21, 1930, in Fall River, Massachusetts.[1][2] His father, Charles Rosenberg, was a World War I veteran and haberdasher, and his mother, Betty (Peckowitz) Rosenberg, was an immigrant from Russia.[1] He graduated from Suffolk University in 1953 and served in the U.S. Navy during the Korean War, eventually attaining the rank of commander in the Naval Reserves.[1][3] Later, he earned an MBA from Golden Gate University.[4]

After marrying Barbara Cohen in 1956, Rosenberg began his banking career in 1959 at Crocker-Anglo in San Francisco.[1] He later held executive positions at Wells Fargo and served as president of Crocker National Bank.[1][5] He subsequently became president and chief operating officer of Seattle-First National Bank and Seafirst Corporation before joining Bank of America in 1987.[1][5] In 1990, he was appointed CEO and chairman of Bank of America.[1] During his tenure, the bank merged with Security Pacific in 1992, a transaction that resulted in Bank of America becoming the second-largest bank in the United States.[1]

Rosenberg retired in 1996.[1] Following his retirement, he engaged in philanthropic activities.[1] At Suffolk University, his contributions assisted in establishing the Rosenberg Institute for East Asian Studies.[1] He also funded the Barbara and Richard M. Rosenberg Institute of Global Finance and the Barbara and Richard M. Rosenberg Professor of Global Finance at the Brandeis International Business School.[6]

References

  1. ^ a b c d e f g h i j k Livni, Ephrat (March 15, 2023). "Richard Rosenberg, Who Rejuvenated Bank of America, Dies at 92" – via NYTimes.com.
  2. ^ Medeiros, Dan. "Richard Rosenberg rose from Fall River's working class to the height of financial success". Fall River Herald News.
  3. ^ "News & Announcements". Horatio Alger.
  4. ^ "Remembering Richard "Dick" Rosenberg (1930-2023) | UC San Francisco". March 7, 2023.
  5. ^ a b "Richard M. Rosenberg | American Academy of Arts and Sciences". August 3, 2024.
  6. ^ "Remembering Richard "Dick" Rosenberg".
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