Joseph D. Sargent
Obituary
WEST HARTFORD, Conn. - Joseph Denny Sargent, 83, of West Hartford, CT, beloved husband of 57 years of Mary Tennant Sargent, passed away on November 7, 2012, at Hartford Hospital surrounded by his loving family.
An entrepreneur, philanthropist and avid outdoor enthusiast, Joe will be remembered for his unique balance of integrity, generosity, smarts and grit.
He attended St. Paul's School (Concord, N.H.) and Yale University '52, B.A. in Economics and Geology.
In 1956, Mary and Joe, with a few other adventurers, founded Sherburne Corporation, which developed Killington Ski Area. Together they invested capital, cut the ski trails, and put up the lifts that eventually led to the resort's opening in 1958.
Joe served as Chairman of Sherburne Corp. and S-K-I (successor to Sherburne Corp.), one time owner of Killington, Mount Snow, Bear Mountain (CA), Waterville Valley (NH), Sugarloaf (ME). S-K-I was a public company and was ultimately sold in 1996.
At the time of his passing, Joe was actively serving as Chairman of Bradley, Foster & Sargent (BFS), an investment advisory firm he founded with two partners in 1992. Prior to starting BFS, he was Managing Partner and Chairman of Conning & Co., an investment firm specializing in the insurance business. Revered for his business acumen and creativity, Joe was an early pioneer in insurance private equity, and was actively involved in starting and building many insurance companies including Executive Risk and MMI. He also served as Non-Executive Chairman of Beazley Group, a UK public insurance organization with operations at Lloyd's of London, and as Director of Beekley Corporation, a medical products manufacturer. He was also a Partner in Tennant Capital Partners.
Tireless in his efforts to support non-profits in the Hartford Community, Joe shared his many talents with numerous organizations. Most notably he served as Director and Chairman of the Board of Hartford Hospital and Director of Hartford Healthcare for more than thirty years. He also served as current or past trustee of YMCA of Greater Hartford, McLean, Wadsworth Atheneum, The Village for Families & Children and the Hartford Art School.
Joe was also a member of Asylum Hill Congregational Church and The Hartford Golf Club.
An avid outdoorsman, Joe particularly enjoyed the company of family and friends in his two favorite places, Vermont and Wyoming. In his twenties, Joe and two others embarked on a 100-mile rock climbing odyssey and were credited with eleven first ascents of rocky peaks in the Wind River Range (WY). Many treasured moments were spent on the slopes at Killington, on summer wilderness trips filled with fishing and backcountry hiking, and family time at Trail Creek and Red Rock Ranch (WY).
In addition to his beloved wife, partner and adventurer, Mary Tennant Sargent, Joe is survived by his four children and their spouses: Robert and Anne Sargent (West Hartford, CT), Thomas and Sarael Sargent (West Hartford, CT), Diane (Sargent) and Michael Miller (Killington, VT), and Suzanne (Sargent) and Cort Jones (Mendon, VT). He also leaves behind eleven grandchildren who will remember him for his love, devotion to their interests and accomplishments and sense of humor: Elizabeth, Kathryn, Owen, William, Denny, Rob, Abigail, Christopher, Jack, Crawford, and Rebecca.
A celebration of Joe's life will be held Monday, November 12, 2012, at 11 a.m. at Asylum Hill Congregational Church, 814 Asylum Avenue, Hartford, CT.
In lieu of flowers, gifts in memory of Joe may be made to Hartford Hospital or the YMCA of Hartford. Donations to Hartford Hospital should be directed to Hartford Hospital, Fund Development, 80 Seymour Street, P.O. Box 5037, Hartford CT 06102-5037 or on-line at http://giving.harthosp.org.; Gifts in Joe's memory will be directed to the Hospital's Center for Education, Simulation and Innovation. Gifts to YMCA may be made to 241 Trumbull Street, Hartford, CT 06103 or online at www.ghymca.org. To share a memory of Joe or condolences, you may email a family member for compilation at a later date. For directions, please visit www.taylorandmodeen.com.
Published in Rutland Herald on November 9, 2012.
Killington co-founder Sargent dead at 83
By Bruce Edwards
STAFF WRITER | November 09,2012
Joseph Sargent, co-founder of the Killington Ski Area, whose financial acumen was especially critical in the early days of the resort, died Wednesday in West Hartford, Conn. He was 83. In 1956, Sargent and Preston Leete Smith founded Sherburne Corp. to fulfill Smith’s vision to build a ski area from scratch out of the wilderness of the Calvin Coolidge State Forest, five miles from Route 4 in what was then the town of Sherburne. The two raised $80,000 from local investors with Smith persuading the state to build a five-mile access road in the shadow of Killington Mountain. On Dec. 13, 1958, Killington Ski Area opened with seven trails, two surface lifts and a Depression-era Civilian Conservation Corps building serving as a base lodge. Smith and Sargent, who both grew up in West Hartford, came together with opposite backgrounds: Smith’s was forestry, and Sargent’s was finance. But the two meshed into a successful business relationship. “Perhaps the most important other ingredient was mutual respect,” Smith wrote Thursday in an email from his home in Florida. “The ski business is a very complex business for the fact that it encompasses an array of different businesses rolled into one.” Smith also recalled his friend and partner as someone who wasn’t afraid to get his hands dirty. He said Sargent and his wife, Mary, would travel on weekends from their home in Connecticut. “Sargent in the early days pitched in on trail clearing or whatever had to be done, as everyone associated did, since funds were very limited,” Smith said. He said the two of them did “virtually all the lift and trail design for the first 10 years” the resort was operating. Phil Camp, Killington’s first marketing director and its third employee, recalled Sargent as more than just a savvy businessman. “He was a financial genius and an everyday guy,” said Camp, publisher of the Vermont Standard. “And when it came time to get out and direct traffic … Joe was there helping. If it needed something to get to the top of the mountain, Joe put an old military knapsack on his back.” Sargent did have one bit of advice when Camp started working at the ski area in 1959. “There’s only one thing we require of you,” Camp said. “He said never go over budget.” It was advice Camp said he took to heart.
Sargent, who graduated from Yale University with a degree in economics and geology, was managing partner and chairman of Conning & Co., an investment firm with a focus on the insurance business. He served as chairman of Sherburne Corp. and its successor, S-K-I Ltd. Smith credited Sargent with thinking outside the box in building a business that was challenged in no small part by its seasonal nature. It was also a highly competitive business. “He put forth the idea of ‘spy in the sky,’” Smith said. “Flights were scheduled to photograph the parking lots of their competitors, after which the cars were counted. This provided Killington a means to measure its marketing expense and success.” Under Smith and Sargent, Killington became the largest ski area in the East. It acquired other ski resorts, including Mount Snow in Vermont, Bear Mountain in California, Waterville Valley in New Hampshire and Sugarloaf in Maine. S-K-I Ltd., a publicly traded company, was sold in 1996 to Leslie B. Otten, who started American Skiing Co. Today, Killington and its sister resort, Pico, are owned by Powdr Corp. of Utah. Larry Jensen, who was Killington’s manager of business development and later controller, remembered Sargent as someone respected by Smith and others for his fairness and leadership. “One of Pres Smith’s strengths was he was willing to listen to people, and Joe was one of the people he listened to very carefully,” Jensen said, “and I think had a great deal to do with the overall success at Killington.” Added Smith: “Joseph D. Sargent indeed had a profound impact on Vermont and the ski business.”
bruce.edwards @rutlandherald.com.
WISER James Sargent Wiser, 90, of Southport Ct. died peacefully July 21, 2012. James was born in Ogdensburg, New York on October 6, 1921. He attended The Hill School in Pottstown PA., then went on to Yale University. In 1942 he enlisted in The Royal Canadian Air Force, and in 1943 was presented his Wings by the Governor General of Canada. He then served overseas for two years during World War II.
Jim was employed by Rockefeller Center in New York City for 27 years, where he was vice president of real estate until his retirement in 1981. He was a member of the Connecticut Marine Model Society since 1970, and held positions of treasurer, librarian, vice president, and president. Jim devoted much of his time to model ship building and was a nationally recognized authority in this craft. His "fleet" numbers over 60 models. Jim was a director and trustee of the Wakeman Boys and Girls Club in Southport, and a trustee of the Southport Congregational Church.
Jim is survived by his wife Norma of 68 years, his daughters Penny, Debbie, her husband David, his 5 grandchildren, and 3 great grandchildren. He was predeceased by his son Stephen. A funeral service will be held on Wednesday July 25th 11:00 am at Southport Congregational Church. In lieu of flowers, donations may be made to the Hill School of Pottstown, PA.
Published in Connecticut Post on July 22, 2012.
Louise Sargent Sill
Sill, Louise Sargent
December 12, 1927 - October 2, 2011
Louise Sargent Sill passed away October 2, 2011 in Fallbrook, California. Born in Los Angeles, California on December 12, 1927, Louise attended Marlborough School and Colorado College. After completing her degree from Wright-McMahon, she became an Executive Secretary at Carnation Company. Always lively and fun, Louise was a wonderful friend. She was a part-time dance instructor, loved her garden, was a wonderful cook and enjoyed playing games. At the center of her life was her family to whom she was a caring wife and mother. Louise is survived by Chuck Sill, her husband of 55 years, their 3 children, Leslie, Lisa, Charlie, and grandson, Christopher. Donations may be made to the Fallbrook Animal Sanctuary.
Published in the Los Angeles Times on October 16, 2011.