Early Life and Banking Career
Ivan Wilzig was born in 1956 and raised with his two younger siblings, Alan and sister Sherry, in Clifton, New Jersey. Wilzig's father Siegbert (Siggi) Wilzig (March 11, 1926 – January 7, 2003), came to the United States as a young, destitute German JewishHolocaust survivor; having lost 59 of his relatives, who had been killed, during the Holocaust. After a series of various salesman positions, Siggi B. Wilzig ultimately became Chairman, President and CEO of Wilshire Oil Company of Texas, listed on the NYSE; and Chairman, President and CEO of The Trust Company of New Jersey, listed on NASDAQ.
Ivan Wilzig graduated from the University of Pennsylvania, in 1977, earning a B.A. degree in European intellectual history. He then earned his law degree at the Benjamin N. Cardozo School of Law at Yeshiva University in 1980. Instead of practicing law, he joined his father in running The Trust Company of New Jersey, a full service commercial bank founded in 1896. Most of Ivan Wilzig's work at the bank was in advertising, marketing and public relations. One of his most notable accomplishments at The Trust Company of New Jersey was the brokering of various deals that allowed 50 bank mini-branches to open up in A&P, Pathmark and ShopRite supermarkets, in NJ's most affluent counties. He sat on the Board of Directors of The Trust Company of New Jersey for many years. North Fork Bank.
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““Never hug and kiss your children! Mother love may make your children’s infancy unhappy and prevent them from pursuing a career or getting married!” That’s total hogwash, of course. But it shows on extreme example of what state-of-the-art “scientific” parenting was supposed to be in early twentieth-century America. After all, that was the heyday of efficiency experts, time-and-motion studies, and the like.”
—Lawrence Kutner (20th century)