Myron Du Bain, a former chairman and CEO of San Francisco-based Fireman’s Fund insurance company, passed away July 18 at age 79, according to the San Francisco Chronicle.
Du Bain died of cancer at the California-Pacific Medical Center in San Francisco.
He entered the insurance industry as a file clerk for Fireman’s Fund shortly after serving as a Navy lieutenant in World War II. He moved on to an entry-level underwriting position in the marine department selling insurance for ships.
In 1957, Du Bain was named manager of the marine department and continued to be promoted within the company thereafter.
He was named president and CEO in 1974, and elected chairman of the board the following year.
He retired from the Fund in 1983.
Friends described Du Bain as “patient, determined, and non-flamboyant, with the uncanny knack of making impossible returns.”
Du Bain was Cleveland native and a graduate of UC Berkeley, as well as a member of many corporate boards including American Express, Wells Fargo, Transamerica, and Pacific Gas and Electric.
Du Bain is survived by his wife, Alice, and his children, Donald Du Bain of San Francisco and Cynthia Klinedinst.
A memorial service will be held today at 4 p.m. at Grace Cathedral, 1100 California St., San Francisco.
Donations may be sent to the San Francisco Opera, 301 Van Ness Ave. , San Francisco, Calif. 94102.
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