Albert Nickerson

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For the American railroad exective, see Albert W. Nickerson.
Albert L. Nickerson
Born
Albert Lindsay Nickerson Jr.

(1911-01-17)January 17, 1911
Dedham, Massachusetts
DiedAugust 7, 1994(1994-08-07) (aged 83)
Cambridge, Massachusetts
NationalityAmerican
EducationHarvard University (B.S.)
OccupationBusiness executive
Title
  • President of Mobil
    (1955–1958)
  • CEO of Mobil
    (1958–1961)
  • Chairman and CEO of Mobil
    (1961–1969)
Spouse(s)
Elizabeth Perkins
​
(m. 1936)​
Children4
RelativesAlbert W. Nickerson
(grandfather)
Chairman of Mobil
In office
November 1, 1961 – September 1, 1969
Preceded byFred W. Bartlett
Succeeded byRawleigh Warner Jr.
(Chairman and CEO)
CEO of Mobil
In office
1958 – September 1, 1969
Preceded byBrewster Jennings
Succeeded byRawleigh Warner Jr.
(Chairman and CEO)
President of Mobil
In office
1955 – November 1, 1961
Preceded byBrewster Jennings
Succeeded byHerbert Willetts

Albert Lindsay Nickerson Jr. (January 17, 1911 – August 7, 1994) was the chairman and CEO of Mobil Oil, and chair of the Federal Reserve Bank of New York from 1969 to 1971.

Early life[]

Albert Lindsay Nickerson Jr. was born in Dedham, Massachusetts, on January 17, 1911, to Albert Lindsay Nickerson and Christine Nickerson (née Atkinson).[citation needed][1][2][3] In 1929, Nickerson graduated from the Noble and Greenough School, which was commissioned by his grandfather Albert W. Nickerson.[4][2] He graduated from Harvard University in 1933 with a Bachelor of Science degree.[1][4]

Career[]

He began working at a Socony (later Mobil) gasoline station in 1933.[5] He became station manager in 1934 and salesman in 1936.[2]

In 1943, during World War II, Nickerson was the director of the placement bureau of the War Manpower Commission.[2] At Socony, he eventually rose to become the company's president in 1955, replacing Brewster Jennings.[6] He stayed as president until November 1, 1961, when he was succeeded by Herbert Willetts.[7] He then served as CEO from 1958 to November 1, 1961 and CEO and chairman from November 1, 1961 to 1969 when the company changed its name to Mobil.[2][5][8][7]

He served as chairman of the Business Council from 1967 to 1968.[9] He also served as director of the Federal Reserve Bank of New York from 1961 to 1966 and its chairman from 1969 to 1971.[5]

He served on the board of trustees of the Rockefeller University, the Boston Symphony Orchestra, and the American Museum of Natural History.[4] He also was on the Harvard Board of Overseers from 1959 to 1965.[2] He was also a member of the Council on Foreign Relations.[4]

Personal life[]

He married Elizabeth Perkins on June 13, 1936, and had four children: Christine, Albert, Elizabeth and Victoria.[2][10]

Awards and honors[]

Nickerson was awarded the Gold Medal by the American Petroleum Institute in 1973.[11] He was given an honorary Doctor of Law by Hofstra University on June 7, 1964.[12]

Death[]

Nickerson died on August 7, 1994, in Cambridge, Massachusetts.[5]

References[]

  1. ^ Jump up to: a b "Albert L. Nickerson, Ex-Mobil Chief, 83". The New York Times. August 11, 1994. Retrieved December 2, 2008.
  2. ^ Jump up to: a b c d e f g "Albert L. Nickerson, chairman, CEO of Mobil Corp.; at age 83". The Boston Globe. August 10, 1984. p. 53. Retrieved February 13, 2021 – via Newspapers.com.
  3. ^ "Albert L. Nickerson Dies At Massachusetts Home". The Boston Globe. May 7, 1932. p. 9. Retrieved February 14, 2021 – via Newspapers.com.
  4. ^ Jump up to: a b c d Shapiro, Peter (April 29, 1974). "Who It Is - A.L. Nickerson". thecrimson.com. Retrieved February 13, 2021.
  5. ^ Jump up to: a b c d "Albert Nickerson". The Orlando Sentinel. August 11, 1994. p. A-14. Retrieved February 13, 2021 – via Newspapers.com.
  6. ^ "Personnel: Changes of the Week, Jul. 11, 1955". Time. July 11, 1955. Retrieved February 13, 2021.
  7. ^ Jump up to: a b "For Socony Mobil, a New Board Chairman". The Los Angeles Times. October 30, 1961. Retrieved February 13, 2021 – via Newspapers.com.
  8. ^ "People". American Chemical Society. November 13, 1961. Retrieved February 13, 2021.
  9. ^ The Business Council, Official website, Background Archived 2016-03-03 at the Wayback Machine
  10. ^ "Wedding Plans". The Boston Globe. April 30, 1936. p. 7. Retrieved February 14, 2021 – via Newspapers.com.
  11. ^ "Albert Nickerson". The Boston Globe. December 30, 1973. p. 83. Retrieved February 13, 2021 – via Newspapers.com.
  12. ^ "Hofstra Graduates Hear Industrialist". The New York Times. June 8, 1964. Retrieved February 13, 2021.


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