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Richard A.M.C. Johnson, former investment manager, died on Tuesday September 10, 2013 at his home in Santa Barbara, California. He was 92. The cause was cancer. Mr. Johnson started his career at the J.P. Morgan Bank at age 19 in 1939 as an $18 a week mail clerk. He remained with the bank for 25 years. When he left the bank in 1967 to take over The Dreyfus Fund, he was a Vice-President and in charge of all investment research. He joined The Dreyfus Corporation as Vice-President of research, director, manager, and underwriter of The Dreyfus Fund. As manager of the $2.5 billion fund, he successfully invested a billion dollars in Japanese securities just as Japan was emerging as a global powerhouse in 1970. Mr. Johnson was then instrumental in forming a joint venture between the Marine Midland Banks and The Dreyfus Corporation to manage pensions and profit sharing funds. He became President of the Dreyfus-Marine Midland Management Company. In the 1970s, while living in Riverside, CT, Mr. Johnson joined Allen & Company as Senior Vice-President and Limited Partner. He set up Brandon Partners, an investment vehicle, which he managed. In 1983 he retired and moved to Santa Barbara, California. Mr. Johnson was an avid golf and tennis player all his life. As a child his family were members of The West Side Tennis Club, where he watched many U.S. Open Tennis Championships. Richard A.M.C. Johnson was born in Manhattan, N.Y. on June 15, 1921 to Helen Sentner Johnson and Theodore DeMott Johnson. He attended The Trinity School graduating salutatorian in 1938, attended Yale University, and was a graduate of Columbia University. While simultaneous working at JP Morgan, it took 10 years of evening courses to get his graduate degree. During the Second World War, he trained in Pensacola, Florida as a dive bomber pilot for the Navy. In a serious plane crash due to a faulty motor, Johnson lost his right eye and spent two years in hospitals. He was never commissioned overseas. Over 90 per cent of his Navy training class never returned from the War. His survivors include his son, Richard A.M.C. Johnson Jr. and daughter Bonnie Johnson Newman from his first marriage to Marion Smith Johnson, two daughters Janet Johnson and June Johnson O'Brien from his second marriage to Donna Dolph Johnson, his present wife Lorinda Briggins Johnson, and three grandsons.
Published in GreenwichTime on Sept. 21, 2013