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Robert Swanton Driscoll Edit Profile

banking , Investment company executive

Robert Swanton Driscoll, American Banking, investment company executive. Member Olympic Fencing Committee, 1947-1952, national epée champion, 1943.

Background

Driscoll, Robert Swanton was born on January 12, 1912 in New York City. Son of Clarence Uler and Elizabeth (Pinchbeck) Driscoll.

Education

Bachelor of Arts with honors, Columbia, 1933.

Career

Investment counselor, 1934-1940; with, Research & Management Council, Inc. (subsidiary Lord, Abbett & Company), 1941-1947; vice president, Research & Management Council, Inc. (subsidiary Lord, Abbett & Company), 1942; president, Research & Management Council, Inc.

(subsidiary Lord, Abbett & Company), 1944; vice president, Lord, Abbett & Company, 1948; partner, Lord, Abbett & Company, 1949-1964, 78-79; managing partner, Lord, Abbett & Company, 1964-1978, 79-80; vice president, Lord Abbett United States Government Securities Fund, Inc. (formerly Lord, Abbett &Company), New York City, 1949-1961; executive vice president, Lord Abbett Income Fund, Inc., 1961-1964; president, chief Executive officer, Lord Abbett Income Fund, Inc., 1964-1980; director, Lord Abbett Income Fund, Inc., 1949-1986. President, chief Executive officer Lord Abbett Developing Growth Fund, Inc., 1973-1980, director, 1973-1987.

Vice president Affiliated Fund, Inc., New York City, 1948-1961, executive vice president, 1961-1964, president, chief Executive officer, 1964-1977, chairman, 1977-1978, chairman, chief Executive officer, 1979-1980, director, 1948-1987. President, chiefexec. officer Lord, Abbett Bond-Debenture Fund, Inc., 1971-1979, chairman, chief Executive officer, 1979-1980. Director, 1971-1987; Chairman of the Board, president American Utility Shares, Inc.

(merged into Lord Abbett United States Government Securities Fund, Inc., 1985), 1975-1978. President, chief Executive officer Lord Abbett CashRes. Fund, Inc., 1979-1980, director, 1979-1986.

Board directors Lord Abbott California Tax-Free Income Fund, Inc., 1985-1987, Lord Abbott Tax-Free Income Fund, Inc., 1984-1986, Lord Abbott Value Appreciation Fund, Inc., 1983-1987, Depository Trust Company, 1974-1978, Whittaker, Clark & Daniels, Inc. Former member Securities and Exchange Commission rules committee Investment Company Institute, also former member exec.com. and Board of Governors.

Achievements

  • Member Olympic Fencing Committee, 1947-1952, national epée champion, 1943.

Membership

Commissioner Washington Irving council Boy Scouts, 1951-1961, president, 1961-1964, vice president, 1964-1987. Trustee Securities Industry Foundation for Economic Education. Former member National Association Securities Dealers (long range planning committee, committee on consumer affairs, past chairman arbitration committee, past governor), Securities Industry Association (chairman investment companies committee 1977-1978).

Member New York Society Security Analysts, Amateur Fencers League (treasurer 1947-1952) Clubs: Fencers School (New York City) (president 1949-1958, vice president 1958-1987), Broad St. (New York City). Capitol Hill (Washington). Mount Kisco (New York ).

Connections

Married Jane Word, September 30, 1936. Children— Robert Swanton IV, Steven Word, David Christopher.

father:
Clarence Uler Driscoll

mother:
Elizabeth (Pinchbeck) Driscoll

spouse:
Jane Word

children:
David Christopher Driscoll

Steven Word Driscoll

Robert Swanton IV Driscoll