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Friday, January 08, 2010

Longtime Westporter Connie S. Maniatty Dies at 90

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UPDATE Longtime Westporter Connie S. Maniatty,  former Salomon Brothers managing director and partner and former chairman of the board of the Norwalk Hospital Foundation, died today. He was Image
Connie S. Maniatty: former Norwalk Hospital Foundation chair. File photo

He joined Salomon Brothers in 1943 and was named a general partner of the firm in 1960.

Maniatty was the chairman of the board of the Norwalk Hospital Foundation for more than nine years, and a member of the board of trustees of the hospital itself. During his chairmanship, the Foundation raised more than $55 million.

Maniatty was active in Columbia College affairs since his graduation in 1943, serving as permanent president of his class, a trustee for 11 years, and a member of numerous Columbia University committees.

He is survived by his wife, Betty, and his three children, Margaret, Anne and Philip.

Funeral Services will be at 11 a.m. Saturday, Jan. 16 at Christ & Holy Trinity Church, 75 Church Lane. There will be a reception following the service at Fairfield County Hunt Club, 174 Long Lots Road.

The following obituary was supplied by the family.

Connie S. Maniatty, Wall Street executive, lifelong philanthropist, beloved husband, father and brother, died peacefully at his home in Westport on Jan. 8 at the age of 90. His wife of 61 years, Betty, was at his side.

He joined Salomon Brothers in 1943, he became a general partner in 1960 and remained so until his retirement in 1979, when he became a limited partner, then honorary partner in 1982. Due to a series of mergers, his most recent position was honorary managing director of Citigroup.

“Connie was my first boss at Salomon Brothers back in 1966, and I was lucky to land under him - he was a great mentor and a true gentleman. Sitting right next to him, I learned the business of bond trading - and every day saw the importance of hard work and honest leadership.”

—Michael R. Bloomberg, Mayor, City of New York

“Connie Maniatty was responsible for a whole generation of Salomon Partners who went on to succeed and revolutionize the capital markets. He taught us to work hard and think outside the box, but most of all to do the right thing. We will miss him.”

—Lewis Ranieri
Former Vice Chairman, Salomon Brothers, Founder & GP of the Hyperion Group, CEO of Ranieri & Co.

“As incredibly successful as he was professionally, he had such a passionate enthusiasm for his friends, his tennis game, his charities, his alma mater, and most importantly his family. He was as loyal a friend and as good an example of a true gentleman as you will ever find in this world…but God help you if you were up a game on him in the third set.

“It was then best to just get out of the way, as his fiery competitive streak was unleashed. Boy, he hated to lose, but he was always just as graceful in defeat, as he was in victory. I learned a lot of lessons from Mr. Maniatty, all of which I carry with me today, and I will miss him very much.”

—Sean McManus
President, CBS News & Sports

After graduating from Deerfield Academy, he went to New York City and entered Columbia College, graduating in 1943. This was also the beginning a lifelong love affair with both the city and the school. He worked tirelessly raising money for Columbia and became a huge supporter of Columbia athletics.

“We have lost our true lion, a great man, a great friend, a great trustee and the best Columbia lion ever. I can never thank him enough for what he did for me when I was coaching Columbia football and how he helped me when I left.

“Without Connie there would be no football program and no Bill Campbell. I can honestly say that I have never known anyone that I respected more.”

—William “Bill” V. Campbell
Chairman of the Board & former CEO, Intuit Inc.

Mr. Maniatty lent support to many athletic programs, not just football. He has provided financial backing to every female and male athletic team at Columbia and Barnard for the past 40 years.

“Without a doubt, there is no one I’ve ever known who gave more of himself to Columbia and Columbia football. Moral, financial, any support — he was always there.

“Connie enabled us to do things that we could not have accomplished without his support. He believed strongly in women’s athletics, and when we began them in the early 1980’s, he contributed to them.

“The NCAA limits recruiting budgets to funds contributed by alumni, and we would never have been able to recruit for women’s teams, which of course had no alumnae, if he hadn’t been supportive. He also gave strong support to the building of Wien Stadium. I don’t think we could ever have gotten it off the ground, if it hadn’t been for Connie.”

—Al Paul
Director of Athletics, Columbia University 1974 - 1991

Indeed, Mr. Maniatty worked for 17 years to get Columbia a new football stadium. Finally a very large donation by Larry Wein, as well as large donations from Mr. Maniatty and his best friend Eugene Remmer, got the project up and running.

Mr. Maniatty and Mr. Remmer also funded the building of an Alumni Lounge in Wein Stadium named in their honor. The Maniatty-Remmer Alumni Lounge opened Sept. 22, 1984.

“Connie was Mr. Columbia University. He already is terribly missed by all the students who were there and those who have wanted to enter. I will never forget his kindness and generosity; it was a great honor to have known him. He will be in my prayers forever.”

—Dr. Julius Maldutis
President and Chief Airline Analyst for Aviation Dynamics, Inc.

Mr. Maniatty was elected to the Board of Trustee’s of Columbia University in 1973 and served until 1985 when he became a Trustee Emeritus. He also served Columbia well in many other capacities.

He was an Executive Committee Member, Chairman of the President’s Alumni Advisory Committee on Athletics, Chairman of the Columbia Football Advisory Committee for 35 years, a member of the Columbia College Board of Advisors from 1975-1983 and Permanent President of the Columbia College Class of 1943.

Columbia honored Mr. Maniatty for his exceptional efforts by awarding him the Columbia Alumni Medal, the Columbia Varsity “C” Athletic Award, the John Jay Award in 1982, the Father Ford Award of Distinction in 1986.

He was also awarded two citations from the Catholic Society of Columbia University, one of which was the Menton Award, and was an honored member Alpha Delta Phi Fraternity. In 2006, he was inducted into the Inaugural Columbia Athletics Hall of Fame in recognition of his continued support of Columbia Athletics.

Retirement was not in Mr. Maniatty’s vocabulary. In 1979, the same year he “retired” from Salomon Brothers he was elected to the Board of Trustees of Norwalk Hospital and served two consecutive three-year terms.

was elected Secretary to the Board of Trustees from 1983-1984 and Vice Chairman from 1984-1986. In December of 1986, Mr. Maniatty was named Chairman of the Board and was re-elected to an unprecedented nine consecutive terms. He stepped down in 1995.

While still Chairman of the Board of Trustees, Mr. Maniatty founded the Norwalk Hospital Foundation and was named Chairman at its inception in 1989. He remained Chairman until 2006.

During his tenure at Norwalk Hospital, more than $80 million was raised for the capital improvement project which literally transformed the hospital for the 21st century from a small city hospital into one of the most highly regarded hospitals in the state.

Mr. Maniatty was honored by Norwalk Hospital on Oct. 13, 1995 with a huge Gala attended by many celebrities, prominent philanthropists and state dignitaries alike.

“Connie, one of the longest serving Chairmen of Norwalk Hospital, distinguished himself by his steady and stern leadership during a time when hospitals were at risk of being absorbed into larger medical systems and with financial restraints, threatening extinction. 

His commitment to our remaining a Community Hospital was unswerving and will forever be his legacy.”

—Carol B. Bauer
former Chairman of the Board, Norwalk Hospital

Throughout his many years in business, philanthropy and health care leadership, Mr. Maniatty has been strengthened by a special resource unique to him – the interest and support of Betty Maniatty, a wife whose background in nursing has further underscored his feelings of responsibility about insuring quality health care in their community through Norwalk Hospital…not only today, but tomorrow as well.

At Mt. Holyoke College Mr. Maniatty set up a scholarship in the name of his sister Anne S. Maniatty, which she attended.

In Mr. Maniatty’s hometown of Westport, he was an active member of the Fairfield County Hunt Club and was on the Board of Trustees from 1977 – 2009. He served as President from 1980 - 1982.  In addition, he was a Trustee of the Nature Center from 1971 to 2005.

Mr. Maniatty always felt indebted to the men and women who protect us at home. In their honor, he created the Scholarship Fund for any Westport Police or Fire personal or their families who wanted to take college courses to further their education and the Employee Assistance Program which helped Police, Fire and EMS with any problems they might have, whether it be financial or emotional.

As the first major contributor to the Defibrillator Program which put a defibrillator in every police car, ambulance and EMS vehicle, he initiated a program that now has saved hundreds of lives. He was also a generous supporter of the Policeman’s Benevolent Foundation to benefit the families of police officers and firefighters in his hometown of Westport.

“Connie was a long time supporter of a great many of our programs. He did so much for the Westport Police and Fire Departments. We could never have done as much without supporters like him.”

—Alfred R. Fiore, Chief of Police, Westport

Mr. Maniatty was one of the co-founders of the New York City Police and Firefighters Widows and Children’s Benevolent Foundation.

Born in Greenfield, Mass., Mr. Maniatty was the son of Ellen & Steven P. Maniatty and was one of 13 children. Mr. Maniatty married the former Betty Lasher in 1948 and had three children, Margaret Maniatty Fullington of Palm Beach Gardens, Fla., Anne Maniatty Walker of Darien, Philip Maniatty of New Canaan, and five grandchildren, Christina Fullington, Garrett Fullington, Lindsay Walker, Stephen Walker and Lilly Walker. He is also survived by his brothers, Leo Maniatty, Hermes Maniatty, Arthur Maniatty, Christopher Maniatty and Perry Maniatty.

Funeral Services will be at 11 a.m. Saturday, Jan. 16 at Christ & Holy Trinity Church, 75 Church Lane. There will be a reception following the service at Fairfield County Hunt Club, 174 Long Lots Road.

The Harding Funeral Home is assisting the family with the arrangements

In lieu of flowers, the family asks that donations be made to Norwalk Hospital Foundation, 34 Maple Street, Norwalk, CT 06856, Columbia University Athletics, 3030 Broadway, Dodge Fitness Center, NY, NY 10027 or Christ & Holy Trinity Church, 75 Church Lane, Westport, CT 06880.

Posted 01/08/10 at 10:46 PM


Comment Policy

Connie was also supportive of our Police Department, establishing a fund which provides schlorship money to children of our policemen.  Connie was an important part of Salomon Bros’. sucess in the 60’s and 70’s and into the 80’s as the Partner resposible for the Corportate Bond Trading desk.  After his retirement he would call me from time to time asking if I would deliver “important” papers.  We would then get into great conservations about interest rates and tax rates.  Connie was a fine gentleman.

Posted by Carl W. Leaman on January 10, 2010 at 05:12 PM | #

my uncle connie will be sadly missed by his family here in greenfield mass. neices sister in laws brothers and nephews .i will treasure my childhood memories of my uncle connie. aunt betty i am very sorry for your loss. i dont think any one could ever fill his shoes.   
                    JOHN S MANIATTY

Posted by john s maniatty on January 11, 2010 at 12:23 AM | #

from my time at salomon smith barney i knew connie, going back 10 years.  by that time, he was a retired partner, but still very much engaged in current affairs, finance and investment issues, as well as our alma mater Columbia’s sport teams.  he was a gentleman and a scholar, a passionate competitor, and an all-around pleasure to be with.  for those of us who knew him later in life, he was still very aggressive and animated, like a many a fraction of his age.  i can only imagine what he was like 60yrs ago!  for all of us, of all ages, he certainly made a big impression.  my warmest wishes to his family, especially his brother.  i am deeply sorry for your family’s loss.  kind regards, Dennis PAUL

Posted by dennis paul on January 11, 2010 at 05:50 PM | #

The Westport Fire Department is trully saddened by Connie’s passing. His support of our members, and our Brothers and Sisters down the hill at the PD has been outstanding and long term. The scholarship program he started with a generous “seed donation” decades ago has grown into a valuable resource for our members’ children—with over a hundred scholarships awarded over the years of its existence. His generous nature and visionary thinking were outstanding. We honor his memory and will miss him.

The Westport Firefighters

Posted by N. W. Gibbons on January 13, 2010 at 02:41 PM | #

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