STEPHEN M. DuBRUL JR.

DuBRUL--Stephen M., Jr., died on January 4th at home. Born March 18, 1929 and raised in Michigan, Mr. DuBrul attended Notre Dame University (1946-48) and graduated from the University of Michigan in 1950. Thereafter, he served with the Central Intelligence Agency for the first two years of the Korean War. In late 1952, he volunteered for the U.S. Army and eventually served in a special unit of the Army's Counter Intelligence Corps until Fall 1954. From 1954 to 1956, Mr. DuBrul attended Harvard Business School, where he was a George F. Baker Scholar, receiving a Master's degree with Distinction. Mr. DuBrul entered the investment banking business in 1956 as an associate with Lehman Brothers in New York, where he became a partner in 1960 and a Senior Managing Director in 1968. At Lehman, he was active in all phases of the firm and served as a member of the Executive Committee and Chairman of Lehman Commercial Paper, Inc. In 1972, he joined Lazard Freres & Company as a General Partner. He left Wall Street for Washington in December 1975. From January 1976 to May 1977, Mr. DuBrul was President and Chairman of the Export-Import Bank of the United States, which he reorganized for President Ford. Since 1978, Mr. DuBrul had his own independent consulting and private banking practice. He served as a director of a number of major public corporations, including Radio Corporation of America, RCA Corporation and NBC, Continental Can Company, Continental Group, Inc., General Dynamics Corporation, Great Northern Paper Co., Jewel Companies, Inc., R. H. Macy & Co., May Department Stores Company, Acme-Cleveland Corporation, Weatherhead Company, Midland-Ross Corp., Tappan Manufacturing Company, Signal Companies, Inc., Sainsbury (USA) Inc., Shaw's Supermarkets, Inc. and the Jeffrey Company. Mr. DuBrul served in numerous professional, governmental, philanthropic and academic organizations. In the early 1960's, he was a White House consultant to the Council of Economic Advisors under Presidents Kennedy and Johnson. He was Director, Treasurer and Chairman of the Visiting Nurse Service of New York, and served as Trustee of the Carnegie Foundation for Advancement of Teaching and the Buckley School of New York. He was also a member of the Visiting Committee to Harvard Business School, having previously served as President of the Harvard Business School Association and Chairman of the Harvard Business School Fund. From 1968 to 1971, Mr DuBrul was a Governor of the Association of Stock Exchange Firms, and from 1972 to 1975, a Director and Executive Committee member of the Securities Industry Association. He served as a Trustee of International House and President of Episcopal Missions Society of New York. He is survived by his first wife Antonia Paepcke DuBrul, the mother of his children, Nicholas DuBrul and Jennifer DuBrul Missbrenner, and his three grand-daughters. His second wife, Helen Frankenthaler, recently pre-deceased him on December 27th. A memorial service will be held at a later date in New York City.