Background
Carroll, Wallace Edward was born on November 4, 1907 in Taunton, Massachusetts, United States. Son of Patrick J. and Katherine (Feely) Carroll.
Carroll, Wallace Edward was born on November 4, 1907 in Taunton, Massachusetts, United States. Son of Patrick J. and Katherine (Feely) Carroll.
Bachelor of Philosophy, Boston College, 1928. Doctor of Laws, Boston College, 1957. Postgraduate, Massachusetts Institute of Technology, 1929.
Postgraduate in business, Harvard University, 1930. Postgraduate in business, New York University, 1933. Postgraduate, Northwestern University, 1936.
Doctor of Laws, DePaul University, 1966. HHD (honorary), St. Xavier College, 1986.
With accounting department, New York Telephone Сompany, 1930-1933;
industrial engineer, Reed & Barton, 1933-1934;
with sales department, Federal Products, 1934-1940;
chairman, board directors, Wacker Sales, from 1940;
chairman, board directors, Size Control Company, from 1941;
chairman, board directors, Walsh Press & Die Company, from 1945;
president, Chairman, Board Of Directors, American Gage & Machine Company, Elgin, Illinois, from 1948;
chairman, board directors, Simpson Electric Company, 1950-1989;
vice Chairman, Board Of Directors, chief Executive officer, Katy Industries, Inc., Elgin, 1970-1988;
vice chairman, chairman of the executive committee, Katy Industries, Inc., Elgin, 1988-1990. Vice chairman, director Ludlow Typograph Company. Vice Chairman, Board Of Directors M-K-T R.R., Dallas.
Treasurer, director G.M. Diehl Machine Company, Champion Pneumatic Machinery Company, from 1957. Board directors numerous companies including Binks Manufacturing Company, Franklin Park, Illinois, OEA, Inc., Denver, CRL, Inc., Denver, British LaBour Pump Company, London, Ruttonsha-Simpson Private Ltd., Bombay, BushUniversal, Inc., New York City, Mercantile National Bank Chicago. Director metal-working equipment division BDSA, Department Commerce, Washington, 1957.
With United States Trade Mission to India, 1958-1959, The United Arab Republic, 1960, Ireland and Portugal, 1966, United States Council Commerce and Industry, 1973, United States Business Trade Mission Korea, 1974, Trade and Investment Mission Republican China, 1975.
Chairman federal agencies Community Fund drive, 1959. Member citizen's committee Loyola University. Board directors Catholic Charities, 1962, Chicago Boys Club, Chicago Girls Club, Gregorian University Foundation, New York.
Founding director American Irish Foundation (now merged with American Leland Fund). Past board regents Boston College. Trustee Christine and Alfred Sonntag Foundation Cancer Research, University Chicago Cancer Research Foundation.
Past trustee DePaul University Served with United States Army Air Corps, 1929, with National Guard, 1930-1933. Member Tool and Die Institute (president 1952-1953), United States Chamber of Commerce (economic policy committee 1959-1962), National Machine Tool Builders Association (president 1962-1963). Clubs: Chicago Athletic, Chicago, Mid-American, Massachusetts Institute of Technology, Harvard, Harvard Business, Boston College, New York University (Chicago).
Burning Tree (Bethesda, Maryland). Exmoor Country (Highland Park, Illinois). East Chop Beach, Martha's Vineyard, Edgartown Yacht (Massachusetts).
Everglades, Bath and Tennis (Palm Beach, Florida). University (New York City).
Married Lelia Holden, November 7, 1936. Children: Wallace E. Junior, Denis H., Barry J., Lelia K.H.