Forrest F. Dryden
Encyclopedia
Forrest Fairchild Dryden (December 26, 1864 - July 20, 1932) was the President of Prudential Insurance Company of America (now Prudential Financial
Prudential Financial
The Prudential Insurance Company of America , also known as Prudential Financial, Inc., is a Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, investment management, and other financial products and services to both retail and institutional customers throughout the...

) from 1912 until 1922. Prudential was founded by his father, John F. Dryden
John F. Dryden
John Fairfield Dryden was president of the Prudential Insurance Company and a United States Senator from New Jersey. He was known as the "father of industrial insurance".-Biography:...

, who was also a United States Senator, representing New Jersey.

Youth and Education

Dryden was born in Bedford, Ohio
Bedford, Ohio
Bedford is a city in Cuyahoga County, Ohio, United States. The population was 13,074 at the 2010 census. It is an eastern suburb of Cleveland.-Geography:Bedford is located at ....

 on December 26, 1864 to John F. Dryden and Cynthia J. Fairchild. Dryden attended Newark Academy
Newark Academy
Newark Academy is a coeducational private day school located in Livingston, New Jersey. With both lower and upper schools, this institution comprises grades six through twelve...

 and later Phillips Academy
Phillips Academy
Phillips Academy is a selective, co-educational independent boarding high school for boarding and day students in grades 9–12, along with a post-graduate year...

 at Andover.

Family

His father, John F. Dryden was the founder and the President of Prudential Insurance Company
Prudential Financial
The Prudential Insurance Company of America , also known as Prudential Financial, Inc., is a Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, investment management, and other financial products and services to both retail and institutional customers throughout the...

. Forrest Dryden married Grace Carleton, daughter of Isaac N. Carleton
Isaac Newton Carleton
Isaac N. Carleton was an educator. He taught at Phillips Academy and was the principal of State Normal School in New Britain, Connecticut for twelve years. He was the founder of Carleton School for Boys in Bradford, Massachusetts...

 in 1890. Their children were John F. (2nd), Dorthy and Elizabeth.

Career

He started working for Prudential Insurance Company in 1888. He became superintendent of the Prudential office in Elizabeth New Jersey in 1889. He joined the board of directors and assumed the duties as Assistant Secretary in 1890. Later that year he was selected to be Secretary of the company. During his father's service as U. S. Senator for New Jersey, Forrest Dryden acted as President of Prudential. Dryden was promoted to Third Vice President in 1903, Second Vice President in 1906 and Vice President in 1911. He succeeded his father as President upon his father's death in 1912. He continued on as President of Prudential until 1922.

Affiliations

Dryden was a member of the New Jersey National Guard
New Jersey National Guard
The New Jersey Army National Guard consists of over 9000 Guardsmen. The Guard is currently engaged in several worldwide and homeland missions. Units have deployed to Iraq, Guantanamo Bay, Afghanistan, Germany and Egypt...

 Essex Troop. During his time there, he was the Chief Commissary on the Major General Staff. He held the rank of Lieutenant Colonel. He was member of the New Jersey State Rifle Association. He was a member of the Newark Board of Trade. He was also a Director of many organizations including the Public Service Corporation of New Jersey, the Union National Bank of Newark, the South Jersey Gas, Electric and Traction Company and the United State Casualty Company of New York.

Death

He died at his home in Bernardsville, New Jersey
Bernardsville, New Jersey
Bernardsville is a borough and affluent suburb in Somerset County, New Jersey, United States. Bernardsville has the 10th-highest per capita income in the state. Nationwide, Bernardsville ranks 75th among the 100 highest-income places in the United States...

 on July 20, 1932, due to heart disease
Heart disease
Heart disease, cardiac disease or cardiopathy is an umbrella term for a variety of diseases affecting the heart. , it is the leading cause of death in the United States, England, Canada and Wales, accounting for 25.4% of the total deaths in the United States.-Types:-Coronary heart disease:Coronary...

.

Additional information

The Dryden family estate, known as Stronghold was located in Bernardsville on Bernardsville Mountain. It became the home of Miss Gill's School, now known as Gill St. Bernard's School
Gill St. Bernard's School
Gill St. Bernard's School is a private, nonsectarian, coeducational day school located in the Gladstone area of Peapack-Gladstone, New Jersey, United States, serving students in primary through twelfth grade...

 in 1940.

Further reading

  • Britannica Online Encyclopedia
  • "Dryden Out as Head of Prudential Life", The New York Times, 15 August 1922
  • A History of the City of Newark New Jersey Vol. III, 1913
  • Scannell’s New Jersey’s First Citizens 1917-1918, Page 138
  • Dorothy Dryden Wedding Announcement, The Washington Post, 22 June 1919

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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