Richard Rosenberg, Who Rejuvenated Bank of America, Dies at 92

He then spent 22 years at Wells Fargo, moving up in marketing and advertising positions to the finance side and, finally, to the role of vice chairman.

Before joining Bank of America, which also had its headquarters in San Francisco then (it is now based in Charlotte, N.C.), Mr. Rosenberg was briefly president of Crocker-National, then president and chief operating officer of Seattle-First National Bank and Seafirst Corporation, a Bank of America subsidiary in Seattle.

While working and raising children, Mr. Rosenberg earned a law degree and an M.B.A. at Golden Gate University in San Francisco.

He retired from Bank of America in 1996.

In later years, as a wealthy philanthropist, Mr. Rosenberg never forgot his humble origins (or lost his broad Boston accent), his sons said. At his death, he and his wife had donated money to more than 150 organizations, including Suffolk University, his alma mater, where they created the Rosenberg Institute for East Asian Studies.

Ronald Suleski, the institute’s director, recalled being hired in 2009 and flying out to California to meet the couple. He found Mr. Rosenberg to be jovial but also probing.

“Dick would smile a lot,” Mr. Suleski said. “But I was a little afraid of him because his intellect was so sharp. You never knew what question he could ask.”

Article source: https://www.nytimes.com/2023/03/15/business/dealbook/richard-rosenberg-dead.html