About the Author
Walter B. Wriston retired as chairman and chief executive officer of Citicorp and its principal subsidiary, Citibank, N.A., on September 1, 1984, after having served as chief executive officer for seventeen years and in various other positions with the company for thirty-eight years.
Mr. Wriston was born in Middletown, Connecticut, on August 3, 1919, and graduated from Wesleyan University and the Fletcher School of Law and Diplomacy at Tufts University. Following a year's service as a U.S. State Department Officer and a four-year tour with the U.S. Army during World War II, Mr. Wriston joined Citibank in 1946 as a junior inspector in the Comptroller's Division.
He was assigned to the National Division in 1949 and served in the division's Canadian and Transportation districts for seven years, becoming an assistant cashier in 1950, an assistant vice president in 1952, and a vice president in 1954.
Mr. Wriston joined the bank's Overseas Division in 1956, heading the European District for three years, and was named a senior vice president in 1958. The following year he was made head of the Overseas Division and was appointed executive vice president in 1960. Mr. Wriston became president and chief executive officer of the bank in 1967 and of the corporation when it was formed in 1968. He became a chairman in 1970.
Mr. Wriston is a director of the General Electric Company, the Chubb Corporation, Bechtel Investments, Inc., Sequoia Ventures, Inc, Tandem Computers, Inc., United Meridian Corporation, and ICOS Corporation. He was chairman of President Ronald Reagan's Economic Policy Advisory Board, a member and former chairman of the Business Council, and a former co-chairman and policy committee member of the Business Roundtable. He is a trustee of the American Enterprise Institute and the Manhattan Institute for Policy Research, a member of the Board of Visitors of the Fletcher School of Law and Diplomacy, and a life governor of New York Hospital.
Mr. Wriston's first book
Risk and Other Four-Letter Words
, a collection of essays, was published by Harper & Row in 1986.
Mr. Wriston married the former Kathryn Ann Dineen in March 1968. His first wife, the former Barbara Brengle, died in 1966. He has one daughter, Catherine W. (Mrs. Richard M.) Quintal, and lives in New York City.