James S. Bingay
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James Sclater Bingay (October 10, 1919 – July 20, 1976) was an American insurance executive who served as president of the
Mutual Life Insurance Company of New York The Mutual Life Insurance Company of New York (also known as Mutual of New York or MONY) was the oldest continuous writer of insurance policies in the United States. Incorporated in 1842, it was headquartered at 1740 Broadway, before becoming a wh ...
.


Early life

Bingay was born in Seattle, Washington on October 10, 1919. He was a son of Pierson
Livingston Livingston may refer to: Businesses * Livingston Energy Flight, an Italian airline (2003–2010) * Livingston Compagnia Aerea, an Italian airline (2011–2014), also known as Livingston Airline * Livingston International, a North American custom ...
Bingay of
Yarmouth, Nova Scotia Yarmouth is a town in southwestern Nova Scotia, Canada. A port town, industries include fishing, and tourism. It is the terminus of a ferry service to Bar Harbor, Maine, run by Bay Ferries. History Originally inhabited by the Mi'kmaq, the regio ...
and Janet Gibson ( Sclater) Bingay. His brother was Woosley Bingay. His paternal grandparents were George Bingay (a descendant of John Bingay) and Susan Cornelia ( Stryker) Bingay (a sister of
M. Woolsey Stryker Melancthon Woolsey Stryker, D.D., Litt. D., LL.D., (January 7, 1851 – December 6, 1929), an American clergyman, was Pastor of the Fourth Presbyterian Church in Chicago and President of Hamilton College (New York), Hamilton College in upstate New ...
, both grandchildren of Cmdr.
Melancthon Taylor Woolsey Melancthon Taylor Woolsey (1782 – 18 May 1838) was an officer in the United States Navy during the War of 1812 and battles on the Great Lakes. He supervised warship construction at Navy Point in Sackets Harbor, New York, and later had a full care ...
). His maternal grandparents were Lt.-Col. James Sclater, DSO, and Mary Jane ( Sinclair) Sclater. Bingay graduated from the University of Washington in 1942 before taking part in the management development program at Columbia University's Graduate School of Business in 1955 and the advanced management program at Harvard University's Graduate School of Business in 1960.


Career

In 1945, after the end of World War II and his release from the U.S. Army with the rank of captain, Bingay joined
Mutual Life Insurance Company of New York The Mutual Life Insurance Company of New York (also known as Mutual of New York or MONY) was the oldest continuous writer of insurance policies in the United States. Incorporated in 1842, it was headquartered at 1740 Broadway, before becoming a wh ...
, where he ended up spending his entire career, as a field representative in Seattle. He became vice president of sales in December 1961 before being named senior vice president in 1963, executive vice president in 1967, and president and chief executive officer in 1972, the same year he also became a trustee. Upon his death in 1976, he was succeeded by
James E. Devitt James E. Devitt (1920 – May 1994) was an American lawyer and insurance executive who served as president of the Mutual Life Insurance Company of New York. Early life He was a son of Louis James Devitt (1892–1985) and Nora Gertrude ( Cavanaugh) ...
. He was also active in industry‐wide organizations including the American Council of Life Insurance, where he served as director, and was a member of the executive committee of the American College. He was a director of the Carrier Corporation and Hart Schaffner Marx. Bingay served as chairman of the New York advisory board of the
Salvation Army Salvation (from Latin: ''salvatio'', from ''salva'', 'safe, saved') is the state of being saved or protected from harm or a dire situation. In religion and theology, ''salvation'' generally refers to the deliverance of the soul from sin and its c ...
, a director for the
United Fund UNCF, the United Negro College Fund, also known as the United Fund, is an American philanthropic organization that funds scholarships for black students and general scholarship funds for 37 private historically black colleges and universities. ...
of Greater New York and was a vice president, and member of the executive board, of the Greater New York Councils of the Boy Scouts of America.


Personal life

In March 1942 Bingay was married to Margaret Blackstock, a daughter of Agnes and Nehemiah Blackstock. Together, James and Margaret were the parents of two children, a daughter and a son: * Janis Lynn Bingay, who married Lee Martin Hague, a son of Richard Martin Hague, in 1968. * James Sclater Bingay Jr., who married Margaret Jean Meyer, a daughter of Herbert Walter Meyer (president of Meyer, Lyra & Co., a South American exporter concern), in 1968. He was a member of the Metropolitan Club, the Washington Athletic Club in Seattle and the Links in New York. Bingay died of a heart attack at his home in Riverside, Connecticut on July 20, 1976. His funeral was held at St. Paul's Episcopal Church in Riverside.


References

{{DEFAULTSORT:Bingay, James S. 1919 births 1976 deaths Livingston family Woolsey family University of Washington alumni Businesspeople from Seattle People from Riverside, Connecticut 20th-century American businesspeople American chief executives of financial services companies