H. Allen Fernald (born June 1, 1932) is an American

multi-millionaire A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Depending on the currency, a certain level of prestige is associated with being a millionaire. In countries that use the short scal ...

, publishing executive, and

philanthropist Philanthropy is a form of altruism that consists of "private initiatives, for the Public good (economics), public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private goo ...

. He was the Chief Executive Officer of Holt, Rinehart & Winston from 1995—1999.

Education

*Bachelor of Arts,

University of Maine The University of Maine (UMaine or UMO) is a Public university, public Land-grant university, land-grant research university in Orono, Maine. It was established in 1865 as the land-grant college of Maine and is the Flagship universities, flagshi ...

, 1954,

Alpha Tau Omega Alpha Tau Omega (), commonly known as ATO, is an American social fraternity founded at the Virginia Military Institute in 1865 by Otis Allan Glazebrook. The fraternity has around 250 active and inactive chapters and colonies in the United Stat ...

*Master of Business Administration,

New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then-Secretary of the Treasury Albert Gallatin. In 1832, the ...

, 1964 *Doctor of Philosophy,

, 2002 * Doctor of Letters,

, 2002

Philanthropy

In January 2005, H. Allen Fernald and his wife, Sally Carroll Fernald, gifted 86-acres of pristine forest on the summit of Bald Mountain to the state of

Maine Maine () is a state in the New England and Northeastern regions of the United States. It borders New Hampshire to the west, the Gulf of Maine to the southeast, and the Canadian provinces of New Brunswick and Quebec to the northeast and north ...

. In 2007, H. Allen Fernald personally donated $1,000,000.00 to the

to support the arts.

Career

H. Allen Fernald began his career in

Manhattan Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...

in the 1960s, " ising quicklythrough the ranks of Holt, Rinehart & Winston and later CBS, ultimately becoming their senior vice president and head of the college publishing division." From 1970-1977, Fernald was the vice president of Columbia Broadcasting Systems. From 1981-1985, he was the president of Hanson Energy Products, Inc. From 1978 to 2003, he was a board member of United Publications, Inc. Since 2003, Fernald has served on the board of directors for John Wiley & Sons, Inc. He currently serves as Secretary of the Ocean Energy Institute of the

. Fernald was an early investor in subaquatic tidal power plants and windmill technologies in the

United States of America The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territo ...

Personal life

He was born in

Haverhill, Massachusetts Haverhill ( ) is a city in Essex County, Massachusetts, United States. Haverhill is located 35 miles north of Boston on the New Hampshire border and about 17 miles from the Atlantic Ocean. The population was 67,787 at the 2020 United States Cen ...

to Harold Allen and Leona Swan (Horton) Fernald). Fernald married Sally Camilla Carroll on June 23, 1956. He has three children and six grandchildren. He has been a long-term resident of

Camden, Maine Camden is a resort town in Knox County, Maine. The population was 5,232 at the 2020 census. The population of the town more than triples during the summer months, due to tourists and summer residents. Camden is a summer colony in the Mid-Coas ...

since the early 1980s. His main residence sits on the summit of Bald Mountain in Camden, Maine.

References

{{DEFAULTSORT:Fernald, Harold American business executives University of Maine alumni New York University Stern School of Business alumni People from Haverhill, Massachusetts American publishing chief executives 1932 births Living people