John M. Galvin (BS '54)
Academy of Alumni Fellows 1993
John M. Galvin served as director, vice chairman, and chief financial officer of The Irvine Company from 1985 until his retirement in June 1992. He was responsible for all financial and human resources functions and was a member of the executive committee.
Mr. Galvin began his association with the company in 1982, when he joined its board of directors. Based in Newport Beach, California, The Irvine Company had its beginnings in the mid-1860s as one of California's major ranches. It began a transition to real estate activities in the 1950s. Today the company owns more than 64,000 acres in Orange County, California, that it is developing according to a master plan. The area is four times the size of Manhattan Island. The company also owns a major portfolio of income property at the same location.
Before joining The Irvine Company, Mr. Galvin was senior vice president and chief executive officer of the International and Diversified Business Division at Aetna Life and Casualty. During his 11 years at Aetna, he was responsible for a multibillion-dollar group of companies engaged in international insurance, merchant banking, real estate development, geophysical services, and telecommunications. Prior to working for Aetna, he held executive positions with American Standard, Inc., and Chrysler Corporation.
A 1954 Indiana University graduate with a Bachelor of Science degree in business administration, Mr. Galvin and his wife, Linda, have made the mountains of Colorado at Beaver Creek their principal home since retiring. Mr. Galvin continues his business interests through his private company, which handles investments and related activities. He is a member of the board of directors of Global Marine, Inc., and of MTW Corporation and is on the board of advisers of Alexander Proudfoot PLC.
Mr. Galvin serves as chairman of the executive committee for the Lusk Center for Real Estate Development at the University of Southern California's School of Urban and Regional Planning. He also is a director of the American Council for the Arts and the Vail Valley Institute.