John R. Torell III

John, whose commercial and private banking career in New York spanned six decades, died on Wednesday, February 9, 2022 at the age of 82. The cause of death was complications of Alzheimer's Disease.

At Princeton, he majored in Economics, ate at Tiger Inn, and roomed with Robertson, Kellogg and Riggs senior year. He attended grad schools at NYU and Dartmouth.

Mr. Torell led a number of major American banking institutions and participated in virtually all aspects of the financial services industry. His career began immediately upon graduation from Princeton University in 1961, as a trainee at Manufacturers Hanover Trust, which is a predecessor of JPMorgan Chase. He spent over 25 years at the bank, from 1961-1988, becoming president of the bank in 1981. During this time, he also served as the President of the New York State Banking Department.

After Manny Hanny, as the bank was known, Mr. Torell became Chairman and CEO of CalFed, Inc., a large Los Angeles savings-&-loan, at a time when the thrift industry was in transition. He reorganized the thrift into a Bancorp, returning it to financial stability and a path toward growth. In 1991, he created an investment partnership, Core Capital Partners, to purchase regional banks, the most notable of which was Fortune Bancorp in Tampa, Florida. Mr. Torell served as its Chairman & CEO.

Mr. Torell thought and spoke of himself as a builder, and indeed, he never stopped working or expanding his banking and business interests. He went to his office on Madison Avenue & 57th Street until he was 80 years old. He was, until his late 70s, Chairman of Indecomm Global Services, headquartered in Bangalore, India, a country that awed and thrilled Mr. Torell, and where he traveled many times. He was also Chairman of the International Executive Services Corp., a Washington, D.C.-based organization devoted to building private enterprise and essential services in the developing world.

During his career, Mr. Torell served on many corporate boards, including Wyeth Pharmecutical, Paine Webber Group, New York Telephone, Colt Industries, and Volt Information Sciences. He was a Trustee of the Columbia University Graduate School of Business and the Juilliard School.

He is survived by his wife of 60 years, Anne Keller Torell, of Bronxville, New York, and Singer Island, Florida. He is also survived by his three children, their three spouses, eight grandchildren and one great-grandchild. There will be a private service at the Reformed Church, Bronxville, New York at a later date.


Posted 2/21/22

 


James K. Beattie

Jim died on May 22, 2021 within six weeks of Margaret, his wife of 53 years, to whom he was devoted. They cared for each other so tenderly through years of ill health issues. Adored father of Andrew and Kate, proud and much loved grandfather of Alexander and Claudia, fond brother of Carol and Bob. 

At Princeton, Jim was on the swim team, which he captained junior year, joined the Sailing Club, and ate at Campus Club.His senior reoommate was Gay Smith. 

He earned a Master's degree at Cambridge, and a Ph.D. at Northwestern, both in chemistry. He became a professor of chemistry at the University of Sydney in Australia. 

A passionate scientist to the end, admired and respected by his students and colleagues in chemistry and beyond. 

Champion swimmer, competitive sailor, opera and art lover, unionist. James fell in love with Australia and its social democracy and was possibly the only American to grasp Test cricket. 

Gentle, generous, patient, fearless, loyal, optimistic, wise, with a natural instinct for fairness and justice. A man of strong principles, intellectual independence and integrity. 

He is greatly missed and deeply mourned. 

Posted 2/21/22

Menfai Robert Shiu

Bobby Shiu, age 87, of Gaithersburg, Maryland passed away on Sunday, July 25, 2021. The graveside memorial service was held on Saturday, August 7th at Gate of Heaven Cemetery, 13801 Georgia Avenue Silver Spring, MD 20906.

At Princeton, Bobby majored in math and joined the Woodrow Wilson Society. He married Helena, and they had a daughter, Julia. He earned a master's degree at Georgetown and worked at COMSAT Labs.

In lieu of flowers, please consider donating to the Chinese Christian Church of Greater Washington, D.C. 7716 Piney Branch Road Silver Spring, MD 20910-5103 https://www.cccgw.org/give, Maryland Trooper Association https://mdtroopers.org/donate/, National Parks Conservation Association Attn: Membership Department 777 6th Street, NW, Suite 700 Washington, DC 20001 or Your local volunteer Fire Department.

Posted 2/5/22

 


 

Martin C. Gruen

Marty, 82, a longtime resident of both Morristown and Madison, N.J., passed away January 22, 2022 of complications from dementia. A spring memorial gathering will be planned.

HE was born September 16, 1939, to Dr. Charles and Helen Gruen in Buenos Aires, Argentina where they had located to escape Nazi Germany. Shortly after, they immigrated to the U.S. and settled in Lyons, N.Y., where Dr. Gruen practiced medicine for many years.

After graduating as high school valedictorian, Marty graduated from Princeton University in 1961, with a degree in Art & Architecture. He sang in the Glee Club, joined Navy ROTC, and ate at Terrace Club. Rather than architecture, Marty chose to work in finance, and was a Vice President at Goldman Sachs for 33 years.

He was a member of Morris County Golf Club, rode horses, and loved to entertain his family and friends.

He is survived by his wife of 28 years, Blanche Gruen; sister Susanna Pfeffer (spouse Arthur and daughter Nancy) of San Diego, Calif.; two children from his first marriage, Jenna Gruen (spouse Mary Weiland) of St. Paul, Minn., and Steven Gruen of Paris, France; four grandchildren, Samuel, Mathilde, Flo, and Miguel; and two great-grandchildren.

In lieu of flowers, charitable contributions may be made in Martin's memory to St. Hubert's Animal Welfare Center, P.O. Box 159, 575 Woodland Avenue, Madison, NJ 07940.

Posted 2/3/22

 

Michael J. Grossman

 

Mike died June 7, 2021. He played in the University Band. He left Princeton after freshman year and did not stay in touch with the class. We believe he lived in Tarzana, CA.

 

 

Posted 1/18/22

 

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