Gunnar S. Overstrom Jr. was a vice chairman of
FleetBoston Financial (now a part of
Bank of America) and the former president and chief operating officer of the Shawmut National Corporation. Mr. Overstrom graduated from
Babson College
Babson College is a private business school in Wellesley, Massachusetts. Established in 1919, its central focus is on entrepreneurship education. It was founded by Roger W. Babson as an all-male business institute, but became coeducational i ...
in
Wellesley, MA
Wellesley () is a New England town, town in Norfolk County, Massachusetts, Norfolk County, Massachusetts, United States. Wellesley is part of Greater Boston. The population was 29,550 at the time of the 2020 census. Wellesley College, Babson Col ...
. He received an L.L.B. from
Suffolk University
Suffolk University is a private research university in Boston, Massachusetts. With 7,560 students (includes all campuses, 7,379 at the Boston location alone), it is the eighth-largest university in metropolitan Boston. It was founded as a l ...
Law School in
Boston, MA in addition to a M.A. in Economics from
Trinity College in
Hartford, CT
Hartford is the List of capitals in the United States, capital city of the U.S. state of Connecticut. It was the seat of Hartford County, Connecticut, Hartford County until Connecticut disbanded County (United States), county government in 19 ...
.
As a vice chairman of Fleet, Overstrom was instrumental in building the corporation's asset management portfolio and its brokerage and securities business. He spearheaded the acquisition of Quick and Reilly as well as the purchase of Columbia Asset Management.
As president and chief operating officer of Shawmut National, Overstrom helped lead the company in making over 50 acquisitions and building the company from a $2 billion regional bank to a $35 billion super-regional institution with offices in five states. In 1995, Shawmut National merged with the Fleet Financial Group.
After his work at Fleetboston, Mr. Overstrom joined Shawmut Capital Partners, a venture capital firm based in
Boston, Massachusetts. In addition to his role as a partner at Shawmut Capital, Overstrom consulted and invested through his family's firm, Larus & Sons, and served on the boards of a number of public and private institutions.
Mr. Overstrom died on December 6, 2001 while travelling in Chicago. He was survived, among others, by his Wife: Margery Larus Overstrom; and his two sons: Gunnar S Overstrom, III (and his wife, Claudia Taylor Overstrom), and
Alexander Edward Cadwell Overstrom.
References
External links
HPSC Inc.(see p. 4)
''Fleet buys Merrill unit'' CNN Money, November 9, 1998.
Babson College alumni
Suffolk University Law School alumni
2001 deaths
American chief operating officers
Trinity College (Connecticut) alumni
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