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Walter V. Shipley

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in 1983, all at Chemical Bank. After Chemical Bank's merger with Manufacturer's Hanover in 1991, he took a lower executive-level position. However, he was renamed as CEO of Chemical Bank in 1994. From 1996 through 1999, Shipley was CEO and chairman of the board of directors at Chase Manhattan, after
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to study economics and political science, and at 6’8”, was named captain of the basketball team. However, off the court his grades slipped and he was forced to leave Williams in 1956, during his junior year. He referred to this as a wake-up call that made him determined to prove to his family and
234:, and Emily Catherine (Herzog) Shipley. He was married to Judith Lyman Shipley from 1957 until her death in 2014. They had five children including Barbara T. Shipley, Allison P. Shipley, Pamela J. Shipley, Dorothy B. Shipley, and John P. Shipley. At the time of his death, he resided in 162:. The acquisition was viewed unfavorably by many executives at Chemical Bank, and Wall Street bankers encouraged Chemical Bank to sell Texas Commerce. However, Texas Commerce was viewed as a "star-jewel" for Chemical Bank by the mid-1990s, according to 149:
in 1956. New York Trust was acquired by Chemical Bank in 1959. By the late 1970s, he was the head of Chemical Bank's international department. He was named executive vice president in 1979, president in 1981, and
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friends that "I was better than I had demonstrated up until that time." He joined the New York Trust Company that same year and earned his undergraduate degree from New York University in 1961.
108:. Shipley was named chief executive of Chemical in 1981 and held the position through 1999 and remained at the bank as chairman through January 2000, just prior to the bank's merger with 158:
In 1987, Shipley oversaw Chemical Bank's purchase of the Texas Commerce Bank in Houston. Initially, Texas Commerce incurred big losses for Chemical Bank due to a deteriorating economy in
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Shipley was the son of a Wall Street investment banker who regularly surrounded his wife and five children with visitors from overseas. He attended
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Shipley was the son of noted investment banker Linwood Parks Shipley, a partner in the investment banking firm of
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THE 43rd PRESIDENT: THE NOMINEES; On Economic Affairs, Bush's Man for Commerce Dept. Is His First Pick
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Shipley was actively involved in many philanthropic organizations. He served as trustee at
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BANKING'S NEW GIANT: THE NEW CHIEF; Quiet Captain Weathers An Industry's Storms
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Shipley and his wife Judith V. Shipley were major supporters and donors at the
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where he lived from his childhood. Shipley also had 7 grandchildren.
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CHRONICLE: Lawrence A. Wien Prize in Corporate Social Responsibility
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During his 18-year tenure, Shipley oversaw Chemical's mergers with
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Shipley participated in several political campaigns, including;
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American chief executives of financial services companies
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and, previous to that, the company with which it merged
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Shipley started his career in the loan department at
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New York University Stern School of Business alumni
1722: 207:'s presidential campaigns in 2008 and 2012, and 1364: 653: 311: 171:Throughout his career, Shipley served on the 317: 290:Chase Manhattan Names a New Chief Executive 127: 1371: 1357: 1269:Indiana Michigan Power Center (Fort Wayne) 660: 646: 211:run for the United States Senate in 1998. 441:Linwood P. Shipley, 93, Investment Banker 306:Chase Manhattan Chairman Plans to Retire 218:in 2000 but was passed over in favor of 203:'s run for presidency in 2000 and 2004, 190: 1274:JPMorgan Chase Building (San Francisco) 155:its merger with Chemical Bank in 1996. 1756:Businesspeople from Newark, New Jersey 1723: 1352: 1098:National Bank of Commerce in New York 641: 551: 549: 519: 517: 354: 232:Brown Brothers Harriman & Company 1741:20th-century American businesspeople 1703: 1319: 1189:270 Park Avenue (2021–present) 983:Banca Commerciale Italiana Trust Co. 468: 466: 464: 462: 460: 431:. New York Times, December 20, 2000 395: 393: 391: 389: 350: 348: 346: 344: 342: 340: 318:O'Brien, Timothy L (June 22, 1999). 308:. New York Times, November 17, 1999 214:Shipley was a rumored candidate for 175:at several corporations, including; 13: 1088:Mechanics and Metals National Bank 667: 591:. New York Times, August 29, 1995 546: 514: 248:American Museum of Natural History 14: 1787: 1234:Chase Tower (Englewood, Colorado) 1184:270 Park Avenue (1960–2021) 457: 386: 337: 1702: 1691: 1690: 1330: 1318: 1307: 1306: 1043:Fourth National Bank of New York 727: 225: 1148:Valley National Bank of Arizona 597:. New York Times, May 24, 1991 567:from the original on 2015-12-03 535:from the original on 2015-12-08 484:from the original on 2015-12-08 411:from the original on 2015-10-29 375:from the original on 2015-12-08 241: 1279:JPMorgan Chase Tower (Houston) 495: 474:"JUDITH SHIPLEY's Obituary on" 434: 422: 299: 283: 1: 1028:Dime Savings Bank of New York 709:Highbridge Capital Management 582: 355:Quint, Michael (1995-08-29). 1766:New York (state) Republicans 1018:Continental Bank & Trust 557:"Greater Newark Conservancy" 7: 1506:Verizon High Speed Internet 1378: 1249:Chase Tower (Oklahoma City) 16:American banker (1935–2019) 10: 1792: 1239:Chase Tower (Indianapolis) 702:Chase Card Services Canada 263:Greater Newark Conservancy 168:journalist Michael Quint. 1686: 1659: 1613: 1590: 1530:Local telephone companies 1529: 1487: 1466: 1388: 1302: 1289:One Chase Manhattan Plaza 1161: 975:American Savings and Loan 960: 896: 783: 745: 736: 725: 675: 626: 616: 608: 603: 216:Secretary of the Treasury 140: 98:Walter Vincent Shipley II 85: 66: 54: 33:Walter Vincent Shipley II 28: 21: 1143:Trust Company of America 1093:National Bank of Detroit 276: 128:Early life and education 1776:Williams College alumni 1259:Chase Tower (Rochester) 1244:Chase Tower (Milwaukee) 1123:Robert Fleming & Co 821:William B. Harrison Jr. 630:William B. Harrison Jr. 1577:Verizon Washington, DC 1214:Chase Tower (Amarillo) 1108:New York Trust Company 147:New York Trust Company 1761:JPMorgan Chase people 1254:Chase Tower (Phoenix) 1229:Chase Tower (El Paso) 1219:Chase Tower (Chicago) 1138:The Manhattan Company 1128:State Bank of Chicago 1083:Manufacturers Hanover 1058:HF Ahmanson & Co. 1053:Hambrecht & Quist 836:Douglas A. Warner III 801:Junius Spencer Morgan 502:Shipley to Lead Drive 191:Political involvement 118:Manufacturers Hanover 110:J.P. Morgan & Co. 1567:Verizon Pennsylvania 1224:Chase Tower (Dallas) 1008:Chase Manhattan Bank 993:Bank United of Texas 811:Henry Sturgis Morgan 791:John Pierpont Morgan 759:Mary Callahan Erdoes 705:EMC Mortgage Company 267:Summit Speech School 122:Chase Manhattan Bank 102:Chase Manhattan Bank 1552:Verizon New England 1133:Texas Commerce Bank 979:Anchor Savings Bank 866:Dennis Weatherstone 719:One Equity Partners 612:Thomas G. Labrecque 604:Business positions 401:"Walter V. Shipley" 256:Goodwill Industries 114:Texas Commerce Bank 75:New York University 1667:Empire City Subway 1614:Acquired companies 1557:Verizon New Jersey 1438:Clarence Otis, Jr. 1408:Shellye Archambeau 1294:The Qube (Detroit) 1199:383 Madison Avenue 1103:National Park Bank 1073:JP Morgan & Co 1048:Great Western Bank 1023:Corn Exchange Bank 947:Phebe N. Novakovic 714:JP Morgan & Co 529:www.prnewswire.com 507:2017-11-25 at the 454:, January 30, 1999 446:2017-09-19 at the 361:The New York Times 324:The New York Times 236:Summit, New Jersey 173:board of directors 47:Newark, New Jersey 1718: 1717: 1651:TracFone Wireless 1646:XO Communications 1458:Gregory G. Weaver 1346: 1345: 1153:Washington Mutual 970:American Fletcher 892: 891: 831:Walter V. Shipley 816:David Rockefeller 636: 635: 627:Succeeded by 95: 94: 1783: 1746:American bankers 1706: 1705: 1694: 1693: 1582:Verizon Virginia 1562:Verizon New York 1542:Verizon Maryland 1537:Verizon Delaware 1500:Verizon Wireless 1495:Verizon Business 1488:Telecom services 1479:Verizon Business 1474:Verizon Consumer 1443:Rodney E. Slater 1433:Karl-Ludwig Kley 1428:M. Frances Keeth 1382: 1373: 1366: 1359: 1350: 1349: 1334: 1322: 1321: 1310: 1309: 1063:Indiana National 952:Virginia Rometty 876:Winthrop Aldrich 861:Thomas W. Lamont 856:James B. Lee Jr. 796:J. P. Morgan Jr. 743: 742: 731: 698:Chase Paymentech 662: 655: 648: 639: 638: 609:Preceded by 601: 600: 576: 575: 573: 572: 553: 544: 543: 541: 540: 521: 512: 511:. June 22, 1985 499: 493: 492: 490: 489: 470: 455: 438: 432: 426: 420: 419: 417: 416: 397: 384: 383: 381: 380: 352: 335: 334: 332: 330: 315: 309: 303: 297: 296:, March 25, 1999 287: 209:Alphonse D'Amato 134:Williams College 71:Williams College 61: 58:January 11, 2019 43:November 2, 1935 42: 40: 19: 18: 1791: 1790: 1786: 1785: 1784: 1782: 1781: 1780: 1721: 1720: 1719: 1714: 1682: 1655: 1609: 1598:Verizon Connect 1586: 1525: 1483: 1462: 1418:Richard CarriĂłn 1384: 1380: 1377: 1347: 1342: 1298: 1194:277 Park Avenue 1174:245 Park Avenue 1169:125 London Wall 1157: 1078:Lincoln Savings 1068:Jardine Fleming 962: 956: 899: 888: 779: 766:Gordon A. Smith 763:Daniel E. Pinto 738: 732: 723: 671: 666: 632: 623: 614: 585: 580: 579: 570: 568: 555: 554: 547: 538: 536: 523: 522: 515: 509:Wayback Machine 500: 496: 487: 485: 478:The Star-Ledger 472: 471: 458: 448:Wayback Machine 439: 435: 427: 423: 414: 412: 399: 398: 387: 378: 376: 353: 338: 328: 326: 316: 312: 304: 300: 288: 284: 279: 244: 228: 220:Paul H. O'Neill 193: 143: 130: 86:Political party 73: 59: 50: 44: 38: 36: 35: 34: 24: 17: 12: 11: 5: 1789: 1779: 1778: 1773: 1768: 1763: 1758: 1753: 1748: 1743: 1738: 1733: 1716: 1715: 1713: 1712: 1700: 1687: 1684: 1683: 1681: 1680: 1674: 1669: 1663: 1661: 1657: 1656: 1654: 1653: 1648: 1643: 1638: 1628: 1623: 1617: 1615: 1611: 1610: 1608: 1607: 1606: 1605: 1594: 1592: 1591:Tech companies 1588: 1587: 1585: 1584: 1579: 1574: 1569: 1564: 1559: 1554: 1549: 1544: 1539: 1533: 1531: 1527: 1526: 1524: 1523: 1518: 1513: 1503: 1497: 1491: 1489: 1485: 1484: 1482: 1481: 1476: 1470: 1468: 1464: 1463: 1461: 1460: 1455: 1453:Gregory Wasson 1450: 1448:Kathryn Tesija 1445: 1440: 1435: 1430: 1425: 1423:Melanie Healey 1420: 1415: 1413:Mark Bertolini 1410: 1405: 1399: 1392: 1390: 1386: 1385: 1376: 1375: 1368: 1361: 1353: 1344: 1343: 1341: 1340: 1328: 1316: 1303: 1300: 1299: 1297: 1296: 1291: 1286: 1281: 1276: 1271: 1266: 1261: 1256: 1251: 1246: 1241: 1236: 1231: 1226: 1221: 1216: 1211: 1206: 1201: 1196: 1191: 1186: 1181: 1179:25 Bank Street 1176: 1171: 1165: 1163: 1159: 1158: 1156: 1155: 1150: 1145: 1140: 1135: 1130: 1125: 1120: 1115: 1110: 1105: 1100: 1095: 1090: 1085: 1080: 1075: 1070: 1065: 1060: 1055: 1050: 1045: 1040: 1035: 1030: 1025: 1020: 1015: 1010: 1005: 1000: 995: 990: 985: 980: 977: 972: 966: 964: 958: 957: 955: 954: 949: 944: 941: 939:Mellody Hobson 936: 931: 928: 923: 918: 913: 908: 904: 902: 894: 893: 890: 889: 887: 886: 881: 878: 873: 871:John J. McCloy 868: 863: 858: 853: 851:Blythe Masters 848: 843: 841:Temple Bowdoin 838: 833: 828: 823: 818: 813: 808: 806:George Peabody 803: 798: 793: 787: 785: 781: 780: 778: 777: 772: 767: 764: 761: 756: 749: 747: 740: 734: 733: 726: 724: 722: 721: 716: 711: 706: 703: 700: 695: 690: 685: 679: 677: 673: 672: 669:JPMorgan Chase 665: 664: 657: 650: 642: 634: 633: 628: 625: 615: 610: 606: 605: 599: 598: 592: 584: 581: 578: 577: 545: 513: 494: 456: 452:New York Times 433: 421: 385: 336: 310: 298: 294:New York Times 281: 280: 278: 275: 252:Lincoln Center 243: 240: 227: 224: 201:George W. Bush 192: 189: 165:New York Times 142: 139: 129: 126: 93: 92: 87: 83: 82: 68: 64: 63: 62:(aged 83) 56: 52: 51: 45: 32: 30: 26: 25: 23:Walter Shipley 22: 15: 9: 6: 4: 3: 2: 1788: 1777: 1774: 1772: 1769: 1767: 1764: 1762: 1759: 1757: 1754: 1752: 1749: 1747: 1744: 1742: 1739: 1737: 1734: 1732: 1729: 1728: 1726: 1711: 1710: 1701: 1699: 1698: 1689: 1688: 1685: 1678: 1675: 1673: 1670: 1668: 1665: 1664: 1662: 1658: 1652: 1649: 1647: 1644: 1642: 1639: 1636: 1632: 1629: 1627: 1624: 1622: 1619: 1618: 1616: 1612: 1604: 1601: 1600: 1599: 1596: 1595: 1593: 1589: 1583: 1580: 1578: 1575: 1573: 1572:Verizon South 1570: 1568: 1565: 1563: 1560: 1558: 1555: 1553: 1550: 1548: 1547:Verizon North 1545: 1543: 1540: 1538: 1535: 1534: 1532: 1528: 1522: 1519: 1517: 1514: 1512:(Residential) 1511: 1507: 1504: 1501: 1498: 1496: 1493: 1492: 1490: 1486: 1480: 1477: 1475: 1472: 1471: 1469: 1465: 1459: 1456: 1454: 1451: 1449: 1446: 1444: 1441: 1439: 1436: 1434: 1431: 1429: 1426: 1424: 1421: 1419: 1416: 1414: 1411: 1409: 1406: 1403: 1402:Hans Vestberg 1400: 1397: 1396:Lowell McAdam 1394: 1393: 1391: 1387: 1383: 1374: 1369: 1367: 1362: 1360: 1355: 1354: 1351: 1339: 1338: 1333: 1329: 1327: 1326: 1317: 1315: 1314: 1305: 1304: 1301: 1295: 1292: 1290: 1287: 1285: 1282: 1280: 1277: 1275: 1272: 1270: 1267: 1265: 1262: 1260: 1257: 1255: 1252: 1250: 1247: 1245: 1242: 1240: 1237: 1235: 1232: 1230: 1227: 1225: 1222: 1220: 1217: 1215: 1212: 1210: 1207: 1205: 1202: 1200: 1197: 1195: 1192: 1190: 1187: 1185: 1182: 1180: 1177: 1175: 1172: 1170: 1167: 1166: 1164: 1160: 1154: 1151: 1149: 1146: 1144: 1141: 1139: 1136: 1134: 1131: 1129: 1126: 1124: 1121: 1119: 1116: 1114: 1111: 1109: 1106: 1104: 1101: 1099: 1096: 1094: 1091: 1089: 1086: 1084: 1081: 1079: 1076: 1074: 1071: 1069: 1066: 1064: 1061: 1059: 1056: 1054: 1051: 1049: 1046: 1044: 1041: 1039: 1036: 1034: 1033:First Chicago 1031: 1029: 1026: 1024: 1021: 1019: 1016: 1014: 1013:Chemical Bank 1011: 1009: 1006: 1004: 1003:CenTrust Bank 1001: 999: 996: 994: 991: 989: 986: 984: 981: 978: 976: 973: 971: 968: 967: 965: 959: 953: 950: 948: 945: 942: 940: 937: 935: 934:Laban Jackson 932: 930:Timothy Flynn 929: 927: 924: 922: 919: 917: 914: 912: 909: 907:Linda Bammann 906: 905: 903: 901: 895: 885: 882: 880:Matthew Zames 879: 877: 874: 872: 869: 867: 864: 862: 859: 857: 854: 852: 849: 847: 844: 842: 839: 837: 834: 832: 829: 827: 826:John B. McCoy 824: 822: 819: 817: 814: 812: 809: 807: 804: 802: 799: 797: 794: 792: 789: 788: 786: 782: 776: 773: 771: 770:Marianne Lake 768: 765: 762: 760: 757: 754: 751: 750: 748: 744: 741: 735: 730: 720: 717: 715: 712: 710: 707: 704: 701: 699: 696: 694: 691: 689: 686: 684: 681: 680: 678: 674: 670: 663: 658: 656: 651: 649: 644: 643: 640: 631: 622: 621: 613: 607: 602: 596: 593: 590: 587: 586: 566: 562: 561:citybloom.org 558: 552: 550: 534: 530: 526: 520: 518: 510: 506: 503: 498: 483: 479: 475: 469: 467: 465: 463: 461: 453: 449: 445: 442: 437: 430: 425: 410: 406: 402: 396: 394: 392: 390: 374: 370: 366: 362: 358: 351: 349: 347: 345: 343: 341: 325: 321: 314: 307: 302: 295: 291: 286: 282: 274: 272: 268: 264: 259: 257: 253: 249: 239: 237: 233: 226:Personal life 223: 221: 217: 212: 210: 206: 202: 198: 188: 186: 182: 178: 174: 169: 167: 166: 161: 156: 153: 148: 138: 135: 125: 123: 119: 115: 111: 107: 106:Chemical Bank 103: 99: 91: 88: 84: 80: 76: 72: 69: 65: 57: 53: 48: 31: 27: 20: 1707: 1695: 1660:Other assets 1335: 1323: 1311: 1284:McCoy Center 1264:Chater House 1204:Chase Center 998:Bear Stearns 943:Michael Neal 884:Steven Black 830: 617: 569:. 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Index

Newark, New Jersey
Williams College
New York University
BA
Republican
Chase Manhattan Bank
Chemical Bank
J.P. Morgan & Co.
Texas Commerce Bank
Manufacturers Hanover
Chase Manhattan Bank
Williams College
New York Trust Company
CEO
Texas
New York Times
board of directors
Exxon Mobil
Wyeth
Verizon
Bill Bradley
George W. Bush
Mitt Romney
Alphonse D'Amato
Secretary of the Treasury
Paul H. O'Neill
Brown Brothers Harriman & Company
Summit, New Jersey
American Museum of Natural History
Lincoln Center

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