JAY MELTZER

1928 - 2021

MELTZER--Jay J. Jay J. Meltzer, born in Brooklyn, NY, to Herman and Adele Meltzer on May 24, 1928. Died at age 92, on February 15, 2021, peacefully at Greenwich Hospital from complications of Covid-19. A longtime resident of Scarsdale, NY, Mr. Meltzer was predeceased in May 2012 by Sally, his loving wife of nearly 59 years. He leaves three beautiful children (Amy, Mark, Daniel). Also Amy's husband (Dr. Scott Gitlin), two amazing grandchildren (Andrew, Emily), and one beloved brother (Laurence Meltzer and his wife, Karen). Mr. Meltzer graduated from Harvard College in 1949 and joined his family's textile manufacturing business, first as Vice President of Meltzer Textiles, a warp knitter, and later as Vice President of the family's Delaware Mills, a producer of spun yarns, marketed primarily to U.S. makers of sweaters and knitwear. Simultaneously, he attended Columbia's Graduate School of Business at night, attaining his MBA in 1954. In 1960, after 11 years in fibers and fabrics, Mr. Meltzer joined Loeb, Rhoades & Co. as an equity analyst in these and related fields. He became a partner in 1969, and, when the firm incorporated in 1977, a First Vice President. In 1979, Mr. Meltzer joined Goldman Sachs & Co. as a VP in its Investment Research Department, as a similar specialist for the next 15 years. Mr. Meltzer was ranked as the Number One Textile and Apparel Analyst on the Institutional Investor's All American Research Team for 11 years, since that honor was created in 1972. He made this team for 23 consecutive years, until he left Goldman Sachs to become Managing Director of Johnson Redbook in 1995, as well as an industry consultant. In 2011, Mr. Meltzer was inducted into the Institutional Investor's newly-formed Analyst's Hall of Fame. Since his retirement in 2000, Mr. Meltzer is proudest of his role as one of the founders and sole leader of the Friday Lunch Group, where some 25 or so members and guests of the Beach Point Club in Mamaroneck, NY have met for lunch every Friday since the early 2000's (until held virtually in 2020) to discuss and once-in-a-while influence current events (local, national and international). That, and his singing, writing, piano-playing, laughing and listening to classical music have kept him going far beyond the actuarial table for an insulin-dependent diabetic for more than 80% of his total years. His lively intelligence will be deeply missed by family and friends. Funeral services will be held privately. Contributions may be made to the Herman and Adele Meltzer Book Fund for Judaica, c/o Widener Library, Harvard University, Cambridge, MA 02138, Attn. Dr. Charles Berlin.