Thursday, May 14, 2009

Al Gordon of Kidder Peabody...........

With great sadness, we inform you that Harvard University has recently lost one of the finest members of its community. On Friday April 30, Albert H. Gordon died at his home in Manhattan at the age of 107.

Albert H. Gordon was the oldest living graduate of Harvard College and the oldest living member of the Harvard Varsity Club. Born in 1901 to a leather merchant in North Scituate, MA, Mr. Gordon attended Roxbury Latin School as a teenager before coming to Harvard in 1919. In 1923, Mr. Gordon graduated cum laude from Harvard College with distinction in economics. Two years later, Mr. Gordon graduated third in his class from Harvard Business School.

After completing his education, Mr. Gordon went on to have a remarkable career as an investment banker in New York City. He began as a Goldman Sachs statistician in 1925, but quickly found himself at Kidder Peabody in 1931 after the Great Depression. Mr. Gordon was largely credited for rebuilding the devastated Kidder firm into one of the most successful Wall Street operations, and in 1960, was named by /Forbes /as one of the financial community's most successful underwriters and salesman. After
selling the majority stake in Kidder to General Electric in 1986, Mr. Gordon continued to work in New York's financial community at Deltec Asset Management. Even recently, at the age of 105, Mr. Gordon could be found in the office four days a week overseeing deals and providing sage advice to his coworkers.

While many will remember him for his business legacy, in Cambridge, we remember him for his philanthropy and his love for athletics. Mr. Gordon was one of the most generous men ever to have graduated from Harvard. His contributions have touched nearly every part of Harvard's campus, including professorships, House Life, and the Athletic Community.

The Athletic Community, in particular, was very fortunate to have Mr. Gordon as a supporter. Indeed, thousands of Crimson athletes have benefitted from Mr. Gordon's unwavering generosity, and the Albert H. Gordon Athletic and Tennis Center represents his enduring love of Harvard Athletics. In 1971, Mr. Gordon received the Harvard Varsity Club Award for his contributions to the greater Harvard Athletic
Community. A life-long athlete himself, Mr. Gordon began competing in marathons at the ripe age of 80, and he holds the record as the oldest participant in the London Marathon.

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