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Jack Ferris Kincannon
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Birth: Dec. 3, 1919
Death: Dec. 7, 1991
Dallas
Dallas County
Texas, USA

Jack F. Kincannon, top financial officer at Sears: Newspaper Obituary and Death Notice
Chicago Tribune (IL) - Sunday, December 8, 1991
Deceased Name: Jack F. Kincannon, top financial officer at Sears
In a word, he was ``Sears,'' his wife, Mildred, said. Jack F. Kincannon, a former vice chairman and chief financial officer at Sears, Roebuck and Co., died Saturday at Presbyterian Hospital in Dallas at the age of 72. Mr. Kincannon, a native of Waco, Texas, was described by his wife of 50 years as a man who was fair, strict, loving and truthful, with very high principles, which he stood by. A career Sears man, Mr. Kincannon started working for the company in 1939 and moved to Chicago in 1956. ``It was the only place he ever worked,'' Mildred Kincannon said. ``He loved it.'' A Sears veteran of 41 years-23 of which were spent in Sears' Chicago headquarters-Mr. Kincannon in February 1980 became Sears' first vice chairman in 10 years, in a move that was widely seen as a company effort to increase emphasis on non-merchandising activities. ``He expected a lot out of himself and everyone else,'' Mildred Kincannon said, especially on the job.
In a 1980 Tribune article, a securities analyst said Mr. Kincannon ``could be brusque at times.'' Mr. Kincannon was aware of Sears' relations with analysts at the time and was reported as saying, ``I don't mind talking to them (security analysts), but sometimes it just isn't convenient to talk. We're not much inclined to talk to a stranger who calls. Hopefully, we will improve our relations with the investment world.'' And that he did. While criticism of relations still surfaced every now and then, few analysts faulted Mr. Kincannon's abilities. They said that he had made important contributions to Sears' increased emphasis on non-merchandising activities and credited him with a number of innovative Sears financial measures, including the sale of receivables to banks, investment notes to customers and unsecured bonds at favorable interest rates in Japan. After a long and distinguished career and only months in his new position, Jack Kincannon resigned in October 1980 and officially retired on Dec. 31 of that year. He was the first Sears executive to retire under the company's early-retirement incentive program, in which 2,200 executives over 55 and with more than 20 years' experience received an incentive payment beyond their normal retirement benefits for retiring early. Though at first he said he wasn't ready to leave, he later changed his mind, saying the offer was ``too good to pass up.''
Upon retirement, Mr. Kincannon returned to his farm in Dallas with his wife and family.
Other survivors include a daughter, Judith, and two brothers. Visitation will be Monday in Dallas. Services will be Tuesday in Dallas.
Obit supplied by: Alice~aka~Nana (#46869773)

 
 
Family links: 
 Parents:
  Byron Kincannon (1901 - 1969)
 
 Spouse:
  Mildred glenna Neely Kincannon (1921 - 2005)
 
Burial:
Sparkman Hillcrest Memorial Park
Dallas
Dallas County
Texas, USA
 
Created by: Alice~aka~Nana
Record added: May 09, 2013
Find A Grave Memorial# 110252491
Jack Ferris Kincannon
Added by: BassetLover
 
Jack Ferris Kincannon
Added by: BassetLover
 
Jack Ferris Kincannon
Added by: BassetLover
 
 
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