Sunday, December 21, 2014

Maguire's billion backs St. Joe's, Philly schools

James J. Maguire's unusually candid CEO self-appraisal is called "Just Show Up Every Day"

Maguire's billion backs St. Joe's, Philly schools

Fifty years after he went into the insurance business, James J. Maguire - marathon runner, father of eight - sold his publicly-traded speciality insurer, Philadelphia Consolidated Holding Corp., to Tokyo Marine in 2008. The price: $6.7 billion. The Maguire family's stake: $1 billion.

Maguire, at 79, is now one of the region's top philanthropists, backing causes like his alma mater, St. Joseph's University, which once sent him packing but gave him a second chance, as well as Philadelphia public, private and parochial schools.

His autobiography, Just Show Up Every Day, is an unusually candid self-appraisal of a CEO's choices in life, for good and bad. And he still runs four miles, four days a week. More in my story in today's Philadelphia Inquirer here.

Joseph N. DiStefano
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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