Gilbert W. Fitzhugh Quotes


... an impossible organization to administer ... just an amorphous lump.


Context

He had been appointed by President Nixon to head a "blue ribbon panel to review the Department of Defense and was announcing the conclusions.


Citations

Gilbert W. Fitzhugh, Chairman, Metropolitan Life Insurance Company, Press Conference, July 1970

Sourced by: Eigen's Political and Historical Quotations

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Gilbert W. Fitzhugh was an American actuary who became a businessman and community leader in New York City. William was born and raised in Brooklyn, New York then attended Princeton University. After graduating in 1930 he started work for Metropolitan Life Insurance Company, and by 1963 had risen to President; then became their CEO that year when Frederic Ecker retired. Fitzhugh passed all the examinations of the Society of Actuaries in 1934, but based on their rules he was made to wait until age twenty-five for admission as a Fellow. He went on to serve as president of the society in 1965-1966. In 1963 he started a program insurance company investment in rehabilitating urban housing, and was praised by President Johnson for an Historic contribution to your country. In 1972 he was head of the New York City's Chamber of Commerce.