Henry Pomeroy Davison

Henry Pomeroy Davison, Sr. (June 12, 1867 – May 6, 1922) was an American banker and philanthropist.

Biography

He was born on June 12, 1867 in Troy, Pennsylvania, the oldest of the four children of Henrietta and George B. Davison. Henry's mother died when he was nine years old in 1877. After completing his education he became a bookkeeper in a bank managed by one of his relatives, and at age 21 he gained employment at a bank in Bridgeport, Connecticut, the hometown of his wife Kate Trubee. They had two sons, and two daughters. His oldest son, F. Trubee Davison, was a director of personnel for the Central Intelligence Agency. His other son Henry Pomeroy Davison, Jr. was a director at Time magazine and a Yale University graduate and member of the Skull and Bones society.

Three years later he moved to New York City where he was employed by the Astor Place Bank, and sometime later became president of the Liberty National Bank. Several years later he was involved in the founding and formation of the Bankers Trust Company. In 1909 he became a senior partner at JP Morgan & Company, and in 1910 he was a participant in the secretive meeting on Jekyll Island, Georgia that may have led to the creation of the Federal Reserve and has generated much speculation over the years.