|Birth: ||Sep. 14, 1910|
Le Sueur County
|Death: ||Feb. 2, 1998|
Francis Atherton Bean III, known as Atherton Bean, was born on September 14, 1910, in New Prague, Minnesota. He attended the Blake School in Minneapolis, graduated summa cum laude with a B.A. degree from Carleton College in1931, did post-graduate work at the Harvard School of Business Administration from 1931-1932, and received a B.A. degree from Oxford University as a Rhodes Scholar in 1934. Atherton married Winifred Elizabeth Wollaeger on June 26, 1934.
After working for the Upjohn Company from 1934-1936, and the duPont Company from 1936-1937, Atherton joined International Milling Company in 1937, which was founded by his grandfather. In 1970 International Milling Company changed its name to International Multifoods Corporation. Atherton worked for International Multifoods until 1984, holding several positions within the firm including executive vice president (1944-1955), president (1955-1964), chairman and chief executive (1964-1968), and chairman of the executive committee (1968-1984).
In addition, Atherton held positions on a number of civic and corporate boards, including chairman of the board of the 9th District Federal Reserve Bank from 1961-1965; director of First Bank in Minneapolis, Minnesota from 1946-1960, and 1966-1976; and as a trustee of the Minneapolis Society of Fine Arts from 1964-1978, the Mayo Foundation from 1964-1978, Carleton College from 1944-1985, the Minneapolis Foundation from 1961-1980, and the Science Museum of Minnesota from 1972-1980. He also served on the board of directors of the National Bureau of Economic Research from 1970-1979, and was appointed by President Richard Nixon to a Special Task Force on Economic Growth in 1969, and a Presidential Commission on Financial Structure and Regulation in 1970.
1) Biographical data was taken from Who's Who in America (Wilmette, Ill.: Marquis Who's Who, 1988-1989), p. 194 and from the collection.
2) Minnesota Historical Society's web page
Francis Atherton Bean (1878 - 1955)
Bertha Juanita Boynton Bean (1878 - 1954)
Winnifred Elizabeth Wollaeger Bean (1909 - 1998)*
Douglas Atherton Bean (1937 - 1979)*
Francis Atherton Bean (1910 - 1998)
Bertha Juanita Bean Flinsch (1914 - 1976)*
Created by: MacBean
Record added: Mar 28, 2011
Find A Grave Memorial# 67583126