Background
Edward W. Carter was born on June 29, 1911 in Cumberland, Maryland. His father died when he was nine years old, and he moved to Los Angeles, California shortly after with his mother, Rose Price Carter, and sister, Ruth.
Businessman philanthropist president
Edward W. Carter was born on June 29, 1911 in Cumberland, Maryland. His father died when he was nine years old, and he moved to Los Angeles, California shortly after with his mother, Rose Price Carter, and sister, Ruth.
He attended the Hollywood High School, and he worked through his school and college. He graduated from the University of California, Los Angeles (University of California, Los Angeles) and received a Master"s in Business Administration from the Harvard Business School. After his Master of Business Administration, he was offered to teach at Harvard, but he refused to focus on his business career.
He served as the President of Broadway Stores, Chair of the University of California Board of Regents, and owner of the Hannah Carter Japanese Garden. In 1945, Carter served as an executive of Broadway Stores, later endowed with 150 stores and sales of $7.5 billion a year. After the Second World War, he opened new stores on American freeways to expand his customer base.
In 1946, his Crenshaw Center on the outskirts of Los Angeles was one of the first shopping centers in the United States.
He sold some stocks to Hale Brothers & Company and by 1950 the two companies merged. Their stores included The Emporium, Neiman Marcus, Waldenbooks and Bergdorf Goodman.
He served on the Boards of Directors of the Los Angeles Area Chamber of Commerce, the California Retailers Association, the Los Angeles branch of the Federal Reserve Bank of San Francisco, the Northrop Aircraft Corporation and the California Bank. Carter was one of the co-founders of the Los Angeles County Museum of Art (LACMA) and the Los Angeles Music Center.
A world-renowned collector of Dutch Golden Age paintings, he donated fifty of them to the LACMA. He also donated the Hannah Carter Japanese Garden to his alma mater, University of California, Los Los Angeles He supported the Los Angeles Philharmonic and the San Francisco Opera.
He served on the Regents of the University of California from 1952 to 1988, and of Occidental College.
Emeritus trustee Occidental College, Brookings Institution, Los Angeles County Museum Art, National Humanities Center Committee Economic Development. Emeritus board directors Associates Harvard Graduate Business School, Santa Anita Foundation, Los Angeles Philharm Association. Member visiting committee University of California at Los Angeles Graduate School Management.
Member Woodrow Wilson International Center Council, Council on Foreign Relations. Member Business Council, Harvard University Business School Alumni Association Clubs: California (Los Angeles), Los Angeles Country. Pacific Union, Bohemian, Burlingame Country (San Francisco).
Cypress Point (Pebble Beach).
Married Christine Dailey. Children: William Dailey, Ann Carter Huneke. Married Hannah Locke Caldwell, 1963.