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Herbert Charles Knortz

conglomerate company executive

Herbert Charles Knortz was American conglomerate company executive. Certified Public Accountants, New York.


Knortz, Herbert Charles was born on March 31, 1921 in Brooklyn. Son of John Walter and Elizabeth (Grotyohann) Knortz.


Bachelor of Business Administration, St. Johns University, 1946. Distributed control system (honorary), St. Johns University, 1977. Master of Business Administration, New York University, 1949.


Supervising clerk Brooklyn Trust Company, 1938-1943. With Price Waterhouse & Company, New York City, 1945-1951. Supervisor standard costs Lever Brothers Company, 1951-1955.

Manager cost department Crown Cork & Seal Company, 1955-1956. Assistant comptroller Royal McBee Corporation, 1956-1960. Controller Mack Trucks, Inc., 1960-1961.

Deputy comptroller ITT Corporation, 1961-1963, vice president, comptroller, 1963-1966, senior vice president, comptroller, 1966-1973, executive vice president, comptroller, 1973-1985, executive vice president, 1985-1986. Partner Cortina Shops, 1957-1960, Lewisboro Tennis Club, 1971-1972. Trustee Corporation Property Investors, 1973-1991.

Board directors, nominating committee, audit committee Xtra Corporation, 1990-1999. Lecturer professional meetings.


  • Certified Public Accountants, New York.


  • Contributor to journals. Also Financial Executives Handbook. Editor: Food for Thought.


Trustee Vincent Ross Research Foundation. Member business advisory board St. John's University Served with United States Army Air Force, 1943-1945. Member Finance Executives Institute (vice president research foundation, member international committee), American Management Association (general management council, audit committee, trustee), American Contract Bridge League, American Institute of Certified Public Accountants, National Association Accountants (national president 1985-1986, national chairman 1986-1987), Institute Management Accounting (board regents), International Association Finance Executive Institutes, Academy Accounting Historians, Delta Mu Delta, Beta Alpha Psi, Beta Gamma Sigma.

Clubs: Economics, Accountants, Board Room, Armonk Tennis, Flint River Forests.


Married Lorraine Marion Kraut, August 12, 1949. Children: Steven Holbrook, Elizabeth Alyn, David Cartwright.