Alan M. Sternlieb, 84, a son of the late Herman and Etta Sternlieb of Wilkes Barre, died March 13, 2013, of prostate cancer.
Alan grew up in Kingston, graduated Phi Beta Kappa, cum laude, from Amherst College, Class of 1949, and received a Master of Business Administration from Harvard Business School, where he was a Baker Scholar in his first year and won the Retailing and other awards.
Alan received a direct commission as a management analyses officer with the U.S. Air Force
and spent two years serving during the Korean War
. After a period working in a family business, he joined the investment banking division of Lehman Brothers, where he worked for more than 30 years as a partner and managing director. He was a director of several publicly held companies.
After retiring, Alan did volunteer work funded by USAID to help developing countries join the free-market system. He worked in Poland, Hungary, Guatemala and Bulgaria. He received the David Rockefeller Award from the International Executive Service Corp. (IESC) for recommending plans to introduce investment banking in Poland, Hungary and other developing countries, and for making an unusual contribution to the development of a strong financial infrastructure in two formerly communist countries.
He is survived by his devoted wife of 54 years, Beverly; his adored children, Marilyn Stern (Jeffrey), Joanne Sternlieb (Michael Cohn), Robert Sternlieb and Sandra Effron (Drew); beloved grandchildren, Andrea, Adam, Michelle, Sarah, Sabrina and Jimmy; and brother, Dr. Sanford Sternlieb.
Memorial contributions may be made to Temple Israel of Great Neck and Memorial Sloan Kettering Cancer Center, Attn. Dr. Howard Scher and Dr. Andrew Roth.