John Safer - Businessman

Businessman

After Safer graduated from Harvard Law School in 1949 his fascination with the emerging technology and promise of television prompted him to take a job as a handyman at WXEL in Cleveland, Ohio. He quickly rose to the position of program director. During this time his innovations led the new independent station to "beat the ratings of all the network affiliates."

In 1953 Safer's father became terminally ill and he returned to Washington, D.C. to take over his father's affairs. Although Safer successfully parlayed these into a major real estate development business he did not find his commercial life a rewarding one.

In 1974 Safer entered the world of banking, becoming Chairman of the Executive Committee of Financial General Bankshares, and in 1981 the Chairman of the Board of DC National Bank which later became part of Bank of America.

In 1999 Safer became Chairman of the Board of Materia, Inc. Materia specializes in Olefin metathesis, and is noted for its Nobel Prize winning Green chemistry.

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