Peter J. Tobin

This article is about the American buisinessman. For the Scottish serial killer, see Peter Tobin. For the Irish Politician, see Peadar Tóibín.

Peter J. Tobin
Born	New York City, U.S.
Education	St. John's University (BBA)
Occupations	Businessman philanthropist
Spouse	Mary Gamble ​ (m. 1966)​
Children	2

Peter J. Tobin is an American businessman and philanthropist. He has a wife and two children. He graduated with his Bachelor of Business Administration at St. John's University in 1965. Tobin was the chief financial officer (CFO) of Chase Manhattan Bank and Chemical Bank. The business school at St. John's University was renamed in his honor. He has led several companies through successful mergers and acquisitions and has had a very successful career. ^[1]

Biography

Early life

Peter J. Tobin was born and raised in the Bronx borough of New York City by his two Irish immigrant parents. After graduating from St. Nicholas of Tolentine in the Bronx, he planned to work during the day and attend school at night at Manhattan College. He was offered a full tuition scholarship from St. John's University through his local parish and decided to attend school there as an accounting major. Tobin graduated with a bachelor's degree from St. John's University in 1965. In 1966, Tobin married Mary Gamble of the Bronx, whom he met at a dance in Yonkers.

Corporate life

He began his career at Peat, Marwick, Mitchell & Company, where he stayed until 1972 when he moved to Manufacturers Hanover Trust Branch Bank. There, he quickly moved up the corporate ladder, making it to senior Vice President by 1981, and was named CFO in 1985. ^[1]

In 1991, Manufacturers Hanover Trust Branch Bank merged with Chemical Bank, and he remained the CFO. Five years later, Tobin played a pivotal role in the purchase of Chase Manhattan Bank. It was decided to drop the name Chemical Bank because Chase was better known around the world. At Chase, he remained the CFO for one year and then retired. He became a dean at St. John's University, and continued his business role by serving on multiple corporate boards.

St. John’s University

In 1998 Tobin assumed the deanship at the College of Business at St. John's. During his time there he added 13 new programs, hired new faculty and renewed AACSB accreditation by the Internal Association for Management Education.

In 1999, Tobin and his wife Mary donated $10.25 million to St. John's University. The business school was renamed the Peter J. Tobin College of Business. He was honored with the Spirit of Service Award and the honorary degree of Doctor of Commercial Science. He was also awarded the highest award that can be given to alumni, the Medal of Honor in 2000 by Donald J. Harrington, President of St. John's University.

Current

He has been a director at AllianceBernstein ^[2] since 2000, AXA ^[3] Financial since 1999, and CIT Group ^[4] since 2002. In addition to being on these boards Tobin is a member of the New York City Independent Budget Office Advisory Board and on the board of the H.W. Wilson Company. ^[5]

References

1. "The Tobin Story". Archived from the original on 2010-05-30. Retrieved 2009-11-02.
2. "Peter J. Tobin | AB". www.alliancebernstein.com.
3. "Error Page". www.alliancebernstein.com.
4. "Peter J. Tobin | CIT Board of Directors". Archived from the original on 2012-03-24. Retrieved 2012-12-03.
5. "Archived copy". people.forbes.com. Archived from the original on 9 December 2010. Retrieved 25 January 2022.