Background
Walter William Head was born December 18, 1877 on a farm near Adrian, Illinois. The New York Times said that Head "was deeply influenced by his mother, a devout woman who imbued him with a warm, human philosophy of life".
Walter William Head was born December 18, 1877 on a farm near Adrian, Illinois. The New York Times said that Head "was deeply influenced by his mother, a devout woman who imbued him with a warm, human philosophy of life".
At age 8, he moved with his family to a rural area of DeKalb County, Missouri, where he attended public schools.
Head also served as national president of the Boy Scouts of America for nearly twenty years, from 1926 to 1946. He was the first of five children born to Alfred Walter Head and Margaret Jane Lambert. After graduating from Northwest Missouri State Teachers College (Maryville), Head began teaching in a one-room schoolhouse and, at age 24, was named school principal in the town of De Kalb, Missouri.
Head left teaching for the banking field in 1904, starting as a bank cashier at age 26.
In 1917, he was named vice president of Omaha National Bank in Omaha, Nebraska, becoming the bank"s president in 1920. During his time as bank president in Omaha, Walter Head also became president of the American Bankers Association and a director of New York Life Company.
In 1929, Head took over as president of State Bank of Chicago. Upon his arrival, Head guided State Bank through a merger with Foreman National.
When Foreman National was acquired by First National Bank in 1931, Walter Head resigned to become president of Morris Plan Corporation, a New York-based banking organization making small loans to moderate income families through banks in more than 100 United States. cities.
At the time, Morris Plan was the largest industrial banking system in the United States., with $200 million in annual business and 800,000 customers. Head left banking in 1933, when he became the first president of Great American Life Company in Saint Louis, Missouri. The new company was formed by Equity Corporation, controlled by David Milton (son-in-law of John Doctorate Rockefeller, Junior).
Equity had acquired the business of Missouri State Life in bankruptcy court in September, 1933, following Missouri State Life"s collapse during the Great Depression.
Head continued as president of Great American Life until January, 1951, when he was succeeded by P. B. McHaney. Head was appointed by Nebraska Governor Samuel R. McKelvie in 1920 to the Nebraska Capitol Commission, which was responsible for the construction of the new Nebraska State Capitol building.
Head served as fourth and sixth national president of the Boy Scouts of America. His first term was from 1926–1931.
His successor, Mortimer L. Schiff died after one month in office.
Head then served from 1931-1946. During his presidency, the Boy Scouts of America (Bachelor of Scientific Agriculture) held its first national Scout jamboree in Washington, Doctorate. C. Head joined United States. President
Franklin Doctorate. Roosevelt and Bachelor of Scientific Agriculture Chief Scout Executive James East. West in a radio address to the nation from the Oval Office announcing the event in 1937. He died of pneumonia at Stamford Hospital in Stamford, Connecticut, on May 3, 1954 and was survived by one daughter.