Paul F. Miller Jr., W’50, HON’81, Emeritus Trustee and former board chair at University of Pennsylvania, died on September 9. He was 89.
Mr. Miller grew up in Philadelphia and enlisted in the U.S. Coast Guard in 1945 after graduating from Lower Merion High School. He served until the end of World War II.
Mr. Miller graduated from Penn in 1950 with a bachelor’s degree in economics. He worked at the Federal Reserve Bank and Drexel & Co. before founding Miller Anderson & Sherrerd in 1969, an early “boutique” investment management firm. He sold the business to Morgan Stanley in 1996 and went on to direct several corporations, including Hewlett-Packard, Mead Corporation, SPS Technologies, Rohm and Haas, Reliance Insurance, Berwind and Yarway.
Mr. Miller became a Penn Trustee in 1966 and became Chair of the Board in 1978 (Almanac June 15, 1978). While serving as Chair, he led the Trustees in conducting the presidential search that resulted in the appointment of Sheldon Hackney as president in 1981. Mr. Miller continued in that role until 1986.
Mr. Miller served as co-Chair of Penn’s 250th Anniversary Celebration. In the early 1990s, he co-chaired the Campaign for Penn:Keeping Franklin’s Promise. This campaign raised more than $1 billion, tripling the University’s endowment and breaking fundraising records. He also served as marshal for the Alumni Parade for his 65th reunion.
Mr. Miller also contributed to other Penn endeavors: he was Chair of the Board of Managers of the Hospital of the University of Pennsylvania, was an Overseer of the Wharton School and of the School of Arts & Sciences, was a member of the Committee on Undergraduate Financial Aid and the Agenda for Excellence Council and was an officer of the Class of 1950.
He and his wife, Warren, donated a leadership gift toward the construction of Wharton’s Huntsman Hall; created endowed chairs in SAS, Wharton and PennDesign; and supported the Paul F. Miller Jr. Scholarship Fund. They also donated to Penn Medicine, Athletics, Penn Museum and The Penn Fund. The couple’s gift named the Meyerson Conference Room at Van Pelt Library in honor of former Penn President Martin Meyerson.
Mr. Miller was awarded an honorary degree from Penn in 1981. His citation stated he was more knowledgeable about Penn than any chair of the Board of Trustees since Benjamin Franklin.
In 1982, Mr. Miller was recognized with Penn’s Alumni Award of Merit and in 2014, he was inducted into the Penn Athletics Hall of Fame, Class IX. In addition to his honorary doctorate from Penn, he received an honorary degree from Washington and Lee University.
In 2006 he published a memoir, Better than Any Dream.
He is survived by his wife of 65 years, Ella Warren; his sister, Mary Anne Scott; three children, Winky Merrill, Kathy and Paul (Buzz) Miller III; and six grandchildren, Ryan Merrill, Jakefield Merrill, Maggie Merrill, Tor Carlson, Livia Carlson and Paul F. Miller IV.