J. Peter Grace

J. Peter Grace

Joseph Peter Grace (May 25, 1913 - April 19, 1995 ) was a multimillionaire American industrialist and conglomerateur of Irish Catholic heritage. He was president of the diversified chemical company for 48 years, making him the longest reigning CEO of a public company.

Born in Manhasset, New York, he succeeded his father, Joseph Peter Grace, Sr. (1872–1950), as President and CEO of W. R. Grace and Company in 1945 when his father suffered a stroke. The firm was founded by his grandfather William R. Grace, the first Roman Catholic to be elected Mayor of New York City. His maternal grandfather was Charles B. Macdonald, a major figure in early American golf who built the first 18-hole course in the United States. He was devoutly Catholic.

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