Timothy Mellon

Timothy Mellon (born 22 July 1942) is an American businessman, and the chairman and majority owner of Pan Am Systems, a Portsmouth, New Hampshire-based[2] transportation holding company.

Timothy Mellon
Born (1942-07-22) 22 July 1942 (age 77)
NationalityAmerican
EducationYale University
OccupationBusinessman
Net worthc. US$1 billion (November 2018)[1]
Titlechairman and majority owner of Pan Am Systems
Parent(s)Paul Mellon
Mary Conover
RelativesAndrew Mellon (grandfather)
Rachel Lambert Mellon
stepmother

Early lifeEdit

The son of Paul Mellon and his first wife, Mary Conover Brown, Timothy Mellon holds a degree in city planning from Yale University.[3]

CareerEdit

He was the chief financier in the 1977 formation of Guilford Transportation Industries (GTI), a holding company named for his native Guilford, Connecticut.

In 1981, GTI purchased the Maine Central Railroad from U.S. Filter Corporation, adding the Boston & Maine and Delaware & Hudson railroads in 1983 and 1984, respectively, and in 1998 purchased the brand of bankrupt Pan American World Airways. The Pan Am name was subsequently succeeded by "Pan Am Clipper Connection," operated by subsidiary Boston-Maine Airways, which ceased operations in 2008 due to lack of financial fitness.[4]

Mellon stepped down as trustee of the Andrew W. Mellon Foundation in 2002 after 21 years on its board.[5]

Mellon is reportedly a resident of Saratoga, Wyoming.

Political involvementEdit

In 2010, Mellon donated $1.5 million to Arizona's defense fund to help cover the costs of legal challenges against Arizona SB 1070,[6] the Support Our Law Enforcement and Safe Neighborhoods Act, the broadest and strictest anti-illegal immigration measure in the United States at the time of its passage.[7] It has received national and international attention and has spurred considerable controversy.[8][9]

In the 2018 election cycle, Mellon was a major political donor, especially to the Republican-aligned Congressional Leadership Fund.[10]

ReferencesEdit

  1. ^ Jones, Natalie (2 November 2018). "Midterm big spenders: the top 20 political donors this election". Retrieved 5 November 2018 – via www.theguardian.com.
  2. ^ "Pan Am Systems, Inc. - Company profile from Hoover's". hoovers.com. Retrieved 5 November 2018.
  3. ^ Gillette, Christine, "Cambridge train yard made new[permanent dead link]," Portsmouth Herald, 30 July 1999
  4. ^ DOT ready to pull Boston-Maine's license to fly, Seacoast Online, February 05, 2008
  5. ^ Andrew W. Mellon Foundation in 2002 after 21 years on its board.2002 President's Report Archived 2007-10-07 at the Wayback Machine, Andrew W. Mellon Foundation.
  6. ^ Rough, Ginger (3 September 2010). "Ariz. immigration law's legal costs could top $1 million". USA Today. Retrieved 16 March 2011.
  7. ^ Archibold, Randal C. (April 24, 2010). "U.S.'s Toughest Immigration Law Is Signed in Arizona". The New York Times. p. 1.
  8. ^ "Los Angeles approves Arizona business boycott". CNN. May 13, 2010.
  9. ^ Nowicki, Dan (July 25, 2010). "Arizona immigration law ripples through history, U.S. politics". The Arizona Republic.
  10. ^ Jones, Natalie (November 2, 2018). "Midterm big spenders: the top 20 political donors this election". The Guardian. Retrieved March 22, 2019.


External linksEdit