Chase Alumni: Mets/Dodgers Tix Go on Sale + RIP: Louise McNulty, Dieter Boehme, Jerry Lovejoy

 
 
 
Dear [first_name]:
 
A healthy, happy and peaceful new year to all! It's a good time to update your directory listing. Just log in and click on Welcome, (Your Name) on the home page menu. You'll see an option for updating your profile. Thanks!
 
# Indicates new articles or articles that have added content
 
NEWS & EVENTS (PAST AND FUTURE)                                            
 
# TICKETS ON SALE TODAY (SUNDAY) AT 5 PMWe have reserved 24 Field Level seats for the Friday, May 23, 2025 Mets vs Dodgers game at Citi Field. Tickets are $149 each (normally $167). For more information, click here. You must be a dues-paying member to order, and you can buy up to four tickets. Please: As we discount these tickets, we would appreciate your not buying them just for friends and family without your planning to attend yourself. Tickets go on sale Sunday, January 5, 2025 at 5 pm Eastern. Once they're sold out, we'll start a waiting list (and try to obtain additional tickets).
 
 
Congratulations to Don Gibson, who won CAA's 2024 "Guess the Closing Dow" contest with a prediction of 42,635 –about 91 points higher than the actual close of 42,544.22. Gibson made his guess on October 14th, the day before our contest closed and the Dow closed at 42,740.42.
     "I expected it to be fairly flat through the balance of the year when I made my prediction. It was a lucky guess, nothing scientific," Gibson said. 
     Asked whether he had taken money off the table in the last quarter due to political uncertainties, he answered, "I keep a fairly diversified portfolio and do not try to guess the market. While there may be some volatility in the market I am staying invested. I do maintain a liquidity position to cover at least two years of personal expenditures so I can be patient."
     Gibson lives on Johns Island in Charleston, SC. He hasn't crossed paths with President-Elect Trump's Treasury secretary nominee, Charleston's Scott Bessent.
     Gibson started with Chase Manhattan in 1977 in Audit and was in Middle Market Banking (MMB) in the Commercial Bank for most of his career. He  spent his last six years at Chase as Head of Risk in Middle Market Banking, retiring in June 2014.
     He became a first-time grandfather in 2024 and hopes to use his contest prize gift card toward his grandson's first birthday festivities this March.
 
 
The Financial Stability Board named JPMorgan Chase the most "global systemically important bank". Read about how JPMC is the world's "most too-big-to-fail" bank.  
 
 
The canary in the HQ? According to Reuters, "JPMorgan is assessing options for its European headquarters in London as the fast-expanding Wall Street bank outgrows its existing tower in London's Canary Wharf financial district." 
Read more here.
 
 
Read this New York Post story to learn how the current owner of 28 Liberty Street is upgrading what was once 1CMP (1 Chase Manhattan Plaza).
 
 
 
 
Ed Moran found an amusing story about Joseph Reed, David Rockefeller's closest associate, in a book about traveling on Air Force One. You can decide whether it's a story about broken communication, as the author suggests, or about entitlement or chutzpah! Now we've added a vintage Reed story from Bill Flanz. We welcome other stories about Reed. Send to news@chasealum.org.
 
 
 

 
 
In a story about how Texas has become a burgeoning financial hub, The Wall Street Journal reported that JPMorgan Chase has more employees in the Lone Star State than in New York State – 31,000 vs 28,300!
 "In Texas, about 12,700 [JPMC] employees work out of a 50-acre campus in the Dallas suburb of Plano, where meeting rooms are decorated with saddles and Western wear and on-site eateries include a Texas barbecue stand. The complex, comprising  four buildings and 1.5 million square feet of office space, has doubled its employees since it opened in 2017," writes WSJ reporter Elizabeth Findell.
 
 
LIFE AFTER CHASE                                                                            
 
For Chrismukkah: Tampa's Charlotte Israel is the perfect profile for a holiday season when Chanukah falls on Christmas: She's an evangelical minister who bases much of her faith in the Torah, as well as an entrepreneur, holistic wellness provider and Rotary leader involved in remarkable projects in Sierra Leone. Click here to read about this gifted Chase alumna.
 

 
 
Diane Santomouro Bresee has spent post-Chase time painting and traveling. The paintings are of Papua New Guinea – inspired by her father's service there in World  War Two and her own visit to the country in 2013.
 
 
 
 

 
 
After leaving Chase, Michael Prasad changed his focus from financial risk to the risks of natural hazards. First as a volunteer and then as a staffer and consultant, he became involved with emergency management for the American Red Cross, the State of New Jersey and FEMA. He has now published a comprehensive "pracademic" guide to water-related emergencies – an indispensible best practices reference for  gov­ernment officials, water system operators, urban planners and others, including those with non-Emergency Management roles.
 
 
CAA TECH CORNER WITH DAN ALVAREZ                                       
 
In his eighth feature dedicated to defining emerging trends in technology, in plain English, CAA board member Dan Alvarez covers the largest and most expensive IT outage in history: the CrowdStrike disaster. This article dives a bit deeper into enterprise cybersecurity concepts and also provides a great example of how a single seemingly innocuous mistake caused over $10 billion in global damages within a short amount of time.
     Dan's columns look at tech trends at a "100-level" for Luddites, brilliant (of course) but non-technologically inclined bankers and anyone else in the financial world embarrassed to ask basic questions while looking at the "big picture". 
 
EVENT PHOTOS                                                                                  
 
# Remember: Dues-paying Chase Alumni Association members can explore the numerous photo albums on the website. 
 
Members of CAA Vienna enjoyed Thanksgiving dinner at an estate in Hungary
 
Chase Alumnus Ron Mayer led 19 lucky alumni and friends of CAA on a highlights tour of New York's American Museum of Natural History on October 30, 2024. Click here for the rave reviews and some photos – and plan to join us if the wise, funny and informative Mayer is generous enough to offer another tour!
 
MOMENTS IN BANK HISTORY                                                        
 
 (And remember...you have friends at Chase Alumni who want to see photos of your Bank memorabilia! Please send to news@chasealum.org.  
 
Object of the Week: New York Yankees beat the New York Giants!
With 
 
Here's a treat for dues-paying members: Click to read The Story of Money: From Barter to Banking, published by The Chase Manhattan Bank Money Museum in 1967. To become a CAA dues-paying member, please click here.
 

 
 
With a new contribution by Bill Kaufmann, we've relaunched our Paying Tribute to My Mentor series, with Part 5. If you haven't written about your mentor and would like to, please  send your paean to news@chasealum.org.
 
 
 

 
 
 
 
For 10 years at least, Chase Manhattan ran ads for the CMB Personal Trust Department featuring chained, supersized (nest) eggs. See how the ad campaign evolved and presented ideas for retirement over the 14 ads we've captured from the 1950s and 1960s. (Two separate posts)
 
 
 
 
 
 
LOOKING FOR INPUT...                                                                                                 
We're always looking for new Lives After Chase (in non-financial areas) and Moments in Bank History. We also welcome new contributions to such existing series of articles as: Ex-Pat Housing, Corruption, Mentors, Bankers in Danger and our newest, Corporate Culture. Please remember to send your story or story ideas to Andrea at news@chasealum.org. As always, you can write something up, or Andrea can interview you and write it up for you.
 
IN MEMORIAM                                                                                      
 
Please send remembrances and news of recent alumni deaths to news@chasealum.org
 
# IN REMEMBRANCE: We have added names to this compilation list of alumni who died in 2024, as well as a few we were notified about who died in prior years.
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
W. Stewart Cahn, who began his career working at Chemical Bank and spent 26 years in its Banking and Corporate Finance Division, and Media Corporate Finance Group, died on December 28, 2024 in New York. He was 84.
 
 
 
 
Peter M. Pirnie92, who served The Chase Manhattan Bank for 37 years – including posts in London, Brussels, Kuwait and Liberia – died on November 17, 2024, in Woodstock, GA.
 
 
 
 
 
 
 
 
Lawrence (Larry) J. Toal, once Chase Manhattan's country manager in Hong Kong and Head of European Consumer Banking in London, died on December 12, 2024 in New York. He was 87 and had worked for Chase for 26 years, retiring as a Senior Vice President.
 
 
 
 
We only just learned that Charles CoronellaPresident and Chief Executive of Chase Bank of Arizona from 1991 to 1994, died on September 24, 2023 at the age of 91 in Scottsdale, AZ.
 
 
 
 
 
 
We only just learned that Mary Jean Georgea human resources professional for Chase in Texas for many years, died on October 29, 2024, in San Antonio, TX.
 
 
 
 
 
Raymond (Ray) A. Guenter, former acting General Counsel of Chase Manhattan Bank, died of cancer on December 8, 2024, at age 92. After his 30+ year career in banking, he became a law professor.
 
 
 
 
 
# Ulises Giberga, 91, died in New York City on December 3, 2024. One of Chase Manhattan's last bankers in Cuba, Giberga went on to run various activities in the Caribbean and served in New York as Head of Western Hemisphere Correspondent Banking and General Manager of Private Banking International-Western Hemisphere. He retired from Chase at the end of 1987.
 
 
 
#  Howard E. Hallengrenonce Chief Investment Officer at First National Bank of Chicago and Chase Manhattan's Chief Investment Officer of International Private Banking for a decade, died on October 13, 2024 in Chicago, IL. He was 94. He self-published a novel, partially based on embezzlements he witnessed at Chase.
 
 
 
 
How Best to Use the CAA Membership Directory                        
 
If you have not done so recently, please update
the information in your profile, so that the CAA and other members would be better able to contact you. Using the Membership Directory is a privilege of dues-paying CAA members.
 
Now get a refresher on how to best use the membership directory to find an individual or
groups of individuals you would like to contact. (Note that only dues-paying members have
access to the directory.).
 
To get to the directory, log in at www.chasealum.org. On the home page menu, click on Membership and then Member Directory.
 
When searching by name, or in any of the other search areas, we advise starting by putting in less information in the search field. For example, if you want to find William Smith, type only Smith in the Search by Name box; if you put in “William Smith” and he is calling himself Bill Smith in his profile, you will not find him.
 
If you want to find members who live near you, enter the city, state or country (or any combination) under Location. The Years at Chase search is very valuable. Type in 1996-2005, for instance, and you will find everyone who worked for the bank (including heritage banks) during those years. You can narrow your search by also typing in a location or job title.

Once you have entered the search words, click on Search at the bottom of the page. When members’ names appear, click on their names to obtain more detailed information about them.

If you have any problem with any of this, contact Ken Jablon at jablonkt@aol.com.

As always: If the links do not work for you, you can always access the latest stories by logging on to CAA's web site.

If you have any questions, please send an e-mail to Ken Jablon or call Ken (during normal working hours) at 212-799-9525.

By the by: Don't forget to explore the rest of the CAA Web site. (www.chasealum.org) Just click on the home page menu buttons to find the news archive, photo album, membership directory, past In Memoriams and benefit information.

 

The Board of the Chase Alumni Association  

          
 
 
 
 





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