Background
Grummer, Eugene Merrill was born on August 12, 1924 in Luzerne, Iowa, United States. Son of William Henry and Louise Wilhamena (Schroeder) Grummer.
Commodity futures market development executive
Grummer, Eugene Merrill was born on August 12, 1924 in Luzerne, Iowa, United States. Son of William Henry and Louise Wilhamena (Schroeder) Grummer.
Bachelor, Brown University, 1947.
Senior vice president, Merrill Lynch, New York City, 1950-1980;
partner, Merrill Lynch, New York City, since 1974;
chairman, New York Cotton Exch., New York Citrus Exch., New York City, 1970-1974;
director, New York Commodity Exch., New York City, 1969-1972;
director, New York Wool Futures Exch., New York City, 1954-1960. Originated New York market for frozen concentrated orange juice future market. Helped develop futures market in crude oil, live cattle and lumber.
Teacher Merrill Lynch Commodity Training School. Lecturer to the United States industrygroups on hedging use of future markets, 1951-1974. Chairman International Futures Exch., Bermuda, 1981-1985.
Member Anglers Yacht Club.
Married Priscilla Ann Storrs, September 17, 1955. Children: James Hollister, Nancy Louise, Sarah Storrs.