Clifton Maloney
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Clifton Harlan Wells Maloney (October 15, 1937 – September 25, 2009) was an American businessman.


Early life

Maloney graduated from
Princeton University Princeton University is a private university, private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial Colleges, fourth-oldest ins ...
in 1960 and
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...
in 1965. He was in the
United States Navy The United States Navy (USN) is the maritime service branch of the United States Armed Forces and one of the eight uniformed services of the United States. It is the largest and most powerful navy in the world, with the estimated tonnage ...
from 1960 to 1963, where he served on
destroyer In naval terminology, a destroyer is a fast, manoeuvrable, long-endurance warship intended to escort larger vessels in a fleet, convoy or battle group and defend them against powerful short range attackers. They were originally developed in ...
s in the Pacific and rose to the rank of lieutenant. He was also a serious athlete and adventurer and a member of the
Explorers Club The Explorers Club is an American-based international multidisciplinary professional society with the goal of promoting scientific exploration and field study. The club was founded in New York City in 1904, and has served as a meeting point fo ...
, the
Alpine Club The first alpine club, the Alpine Club, based in the United Kingdom, was founded in London in 1857 as a gentlemen's club. It was once described as: :"a club of English gentlemen devoted to mountaineering, first of all in the Alps, members of which ...
, and the
New York Yacht Club The New York Yacht Club (NYYC) is a private social club and yacht club based in New York City and Newport, Rhode Island. It was founded in 1844 by nine prominent sportsmen. The members have contributed to the sport of yachting and yacht design. ...
. Maloney was a lifelong runner who went on to complete the
New York City Marathon The New York City Marathon (currently branded TCS New York City Marathon after its headline sponsor) is an annual marathon () that courses through the five boroughs of New York City. It is the largest marathon in the world, with 53,627 finishe ...
twenty times, and in 2008 finished the race as the fastest American in his age group.


Career

Maloney founded the eponymous investment company C. H. W. Maloney & Co., Inc. in 1981, of which he was president. Prior to that, he was a vice president at
Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...
in charge of investment banking. He was a director of Chromium Industries, Inc. and the Wall Street Fund. He was active in civic and social service organizations in Manhattan, serving on the boards of directors of
Civitas In Ancient Rome, the Latin term (; plural ), according to Cicero in the time of the late Roman Republic, was the social body of the , or citizens, united by law (). It is the law that binds them together, giving them responsibilities () on th ...
and the New York Foundation for Senior Citizens, and served as the treasurer for his wife's campaigns.


Family

In 1976, Maloney married Carolyn Jane Bosher, who later was elected the United States representative for what is now in parts of Manhattan, Queens and Brooklyn. They had two daughters, Christina and Virginia.


Mountain climbing and death

Maloney was an accomplished mountaineer who at the time of his death was believed to be the oldest American ever to summit an "
Eight-thousander The International Mountaineering and Climbing Federation (UIAA) recognises eight-thousanders as the 14 mountains that are more than in height above sea level, and are considered to be sufficiently independent of neighbouring peaks. There is no ...
", one of the fourteen peaks in the world that are greater than 8,000 meters in altitude. He climbed five of the "
Seven Summits The Seven Summits are the highest mountains of each of the seven traditional continents. Climbing to the summit of all of them is regarded as a mountaineering challenge, first achieved on 30 April 1985 by Richard Bass. Climbing the Seven Summits a ...
", the tallest mountains on each of the seven continents, including
Denali Denali (; also known as Mount McKinley, its former official name) is the highest mountain peak in North America, with a summit elevation of above sea level. With a topographic prominence of and a topographic isolation of , Denali is the thir ...
in
Alaska Alaska ( ; russian: Аляска, Alyaska; ale, Alax̂sxax̂; ; ems, Alas'kaaq; Yup'ik: ''Alaskaq''; tli, Anáaski) is a state located in the Western United States on the northwest extremity of North America. A semi-exclave of the U.S., ...
,
Mount Kilimanjaro Mount Kilimanjaro () is a dormant volcano in Tanzania. It has three volcanic cones: Kibo, Mawenzi, and Shira. It is the highest mountain in Africa and the highest free-standing mountain above sea level in the world: above sea level and ab ...
in Africa, the
Vinson Massif Vinson Massif () is a large mountain massif in Antarctica that is long and wide and lies within the Sentinel Range of the Ellsworth Mountains. It overlooks the Ronne Ice Shelf near the base of the Antarctic Peninsula. The massif is located ab ...
in
Antarctica Antarctica () is Earth's southernmost and least-populated continent. Situated almost entirely south of the Antarctic Circle and surrounded by the Southern Ocean, it contains the geographic South Pole. Antarctica is the fifth-largest contine ...
,
Aconcagua Aconcagua () is a mountain in the Principal Cordillera of the Andes mountain range, in Mendoza Province, Argentina. It is the List of highest mountains on Earth, highest mountain in the Americas, the highest outside Asia, and the highest in the ...
in the
Andes The Andes, Andes Mountains or Andean Mountains (; ) are the longest continental mountain range in the world, forming a continuous highland along the western edge of South America. The range is long, wide (widest between 18°S – 20°S ...
, and
Mount Elbrus Mount Elbrus ( rus, links=no, Эльбрус, r=Elbrus, p=ɪlʲˈbrus; kbd, Ӏуащхьэмахуэ, 'uaşhəmaxuə; krc, Минги тау, Mingi Taw) is the highest and most prominent peak in Russia and Europe. It is situated in the we ...
in the
Caucasus The Caucasus () or Caucasia (), is a region between the Black Sea and the Caspian Sea, mainly comprising Armenia, Azerbaijan, Georgia, and parts of Southern Russia. The Caucasus Mountains, including the Greater Caucasus range, have historically ...
. On September 24, 2009, at the age of 71, Maloney summited the nearly 27,000-foot peak of
Cho Oyu __NOTOC__ Cho Oyu (Nepali: चोयु; ; ) is the sixth-highest mountain in the world at above sea level. Cho Oyu means "Turquoise Goddess" in Tibetan. The mountain is the westernmost major peak of the ''Khumbu'' sub-section of the Mahalangur ...
, the world's sixth-highest mountain, in
Tibet Tibet (; ''Böd''; ) is a region in East Asia, covering much of the Tibetan Plateau and spanning about . It is the traditional homeland of the Tibetan people. Also resident on the plateau are some other ethnic groups such as Monpa people, ...
. He reached the summit of the "Turquoise Goddess", as the mountain is known, with the help of a
sherpa Sherpa may refer to: Ethnography * Sherpa people, an ethnic group in north eastern Nepal * Sherpa language Organizations and companies * Sherpa (association), a French network of jurists dedicated to promoting corporate social responsibility * ...
and a guide,
Marty Schmidt Martin Walter Schmidt (June 10, 1960 – July 27, 2013), known as Marty, was a New Zealand-American mountain climber, guide and adventurer. Schmidt and his son, Denali, died in 2013, while attempting to summit the mountain K2. Personal life Mart ...
.Caruso, David B., "New York Congresswoman's Husband Dies on Mountain Climb", Associated Press, September 26, 200
Biodata
He then descended to Camp 2 at 23,000 feet. On the morning of September 25, 2009 he woke up and told a companion, ''"I'm the happiest man in the world. I've just summited a beautiful mountain."'' These were apparently his last words as he went back to sleep and never woke up. On October 9, 2009, Maloney's funeral service was held at the Brick Presbyterian Church in Manhattan. Nearly 1,000 mourners, including former President
Bill Clinton William Jefferson Clinton ( né Blythe III; born August 19, 1946) is an American politician who served as the 42nd president of the United States from 1993 to 2001. He previously served as governor of Arkansas from 1979 to 1981 and agai ...
, New York State Governor
David Paterson David Alexander Paterson (born May 20, 1954) is an American politician and attorney who served as the 55th governor of New York, succeeding Eliot Spitzer and serving out nearly three years of Spitzer's term from March 2008 to December 2010. A ...
, and former Democratic Vice-Presidential nominee and Congresswoman
Geraldine Ferraro Geraldine Anne Ferraro (August 26, 1935 March 26, 2011) was an American politician, diplomat, and attorney. She served in the United States House of Representatives from 1979 to 1985, and was the Democratic Party's vice presidential nominee ...
, were in attendance at the service, which included a performance by singer-songwriter
Carole King Carole King Klein (born Carol Joan Klein; February 9, 1942) is an American singer, songwriter, and musician who has been active since 1958, initially as one of the staff songwriters at 1650 Broadway and later as a solo artist. Regarded as one ...
of " So Far Away".


References


External links


Profile at Forbes.com
{{DEFAULTSORT:Maloney, Clifton 1937 births 2009 deaths American mountain climbers Goldman Sachs people Mountaineering deaths People from Manhattan Businesspeople from Philadelphia United States Navy officers Sport deaths in China Harvard Business School alumni Princeton University alumni 20th-century American businesspeople