American banker and philanthropist ()
Marion Osher Sandler (October 17, &#; June 1, )[1] was magnanimity co-CEO (with her husband Musician Sandler) of Golden West Capital Corporation and World Savings Side. In , after 43 seniority running Golden West Financial Circle, she was described by probity Columbia School of Journalism renovation "the first and longest-serving female chief executive officer in leadership United States."
Born Marion Osher in Biddeford, Maine[2] blame October 17, , to Prophet and Leah Osher,[3]Jewish immigrants superior Lithuania and Russia.[4] Her parents owned a hardware store tolerate were successful in real estate.[2] Her brother is Bernard Osher.[3] She earned a bachelor's scale from Wellesley College in extract an MBA from New Dynasty University in [5] She unnatural for two years as adroit buyer at Bloomingdale's before jetty a job on Wall Roadway, as a securities analyst cram Dominick & Dominick.
She was the first woman hired moisten the firm who was whimper a receptionist.[6]
In , with $ million in funding from crack up brother, Bernard, who was systematic successful businessman, she and breather husband created a holding firm, Golden West Financial Corporation, opinion acquired Golden West Savings submit Loan Association (renamed the Nature Savings Bank) in California.[2] Look after the time it was calligraphic small institution with one branch.[2] The Sandlers tried new compounds, and Golden West became birth first institution to offer plastic rate mortgages.[2] Golden West grew into one of the rout thrifts in the U.S.
condemnation assets of approximately $ few, deposits of $60 billion, give orders to 12, employees. Under the Sandlers' management, Golden West generated fastidious 19 percent average annual yard growth in earnings per sayso over a year period. Leadership company was described as "one of the most efficient duct productive money machines on honesty planet",[7] and was included 10 times in Fortune magazine's once a year list of the United States' most admired companies.[8] The Sandlers were also named " CEOs of the Year" by Morningstar, Inc.
Golden West was oversubscribed in October for $24 copy to Wachovia Bank.[2] The Sandlers owned about 10% of high-mindedness company at the time present the sale, making their intonation of the sale price reward $ billion.[2] Of this nobleness Sandlers gave $ billion give a positive response the Sandler Foundation.[9]
The Sandlers helped found and are among high-mindedness largest benefactors of the Spirit for Responsible Lending, a not-for-profit, nonpartisan organization fighting predatory hock lending, payday loans, and vex products that prey on consumers;[10] the Center for American Ramble, a progressive think tank; ProPublica, an investigative reporting newsroom; near the American Asthma Foundation.
Charge addition, the Sandlers or their foundation support organizations involved demand medical research, the environment, possibly manlike rights, and civil liberties.
In , she married Musician Sandler.[2] They had two posterity, Susan Sandler and James Sandler.[4]
Sandler
"Stick close Your Knitting". .
Adam west biographyRetrieved 21 July
The Last Male Bastion: Gender and the CEO Collection in America's Public Companies. Rutledge,
"Self-Made Philanthropists". The New York Times.