George E. Stoddard
Born(1917-01-07)January 7, 1917
Perry, Oregon
DiedMarch 30, 2009(2009-03-30) (aged 92)
NationalityAmerican
OccupationReal estate financier

George E. Stoddard (January 7, 1917 – March 30, 2009)[1] was a real estate financier who pioneered the use of the sale-and-leaseback transaction.

Stoddard was born in Perry, in Union County, Oregon, in 1917. His family moved east in 1928, living in Eastchester, New York. Stoddard earned a bachelor's degree from Brigham Young University, an MBA from Harvard Business School, and a law degree from Fordham University.[1]

He worked for 34 years at the Equitable Life Assurance Society before joining W. P. Carey & Co. in 1979. At W. P. Carey, Stoddard chaired the independent investment committee, personally reviewing ever deal raised by the firms' acquisition team. "If he didn't approve of a deal, it wouldn't get done," William Polk Carey, the firm's chairman, is reported to have said.[1]

References

  1. 1 2 3 Pristin, Terry (April 1, 2009). "George Stoddard, Financing Pioneer, Dies at 92". The New York Times. Retrieved April 1, 2009.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.