Frederick Louis Ehrman (January 3, 1906 – December 20, 1973)[1] was an American banker who served as president, chief executive and chairman of Lehman Brothers.
Ehrman was born in San Francisco, California in 1906 into "one of the Bay area's most distinguished pioneer families.
[13] He remained head of both the corporation and partnership until September 1973 when Peter G. Peterson replaced him as chairman and chief executive of Lehman Brothers and Ehrman's "nephew", F. Warren Hellman,[10] became president of the investment banking house.
[1] His widow, who outlived both of their daughters, died in November 2000 "after a long life and a short illness".
[25] Ehrman was also chairman of the executive committee of New York University Medical Center, a director of the American Cancer Society and the Downtown-Lower Manhattan Association (founded by David Rockefeller to revitalize Lower Manhattan, which led to the construction of the World Trade Center),[26] a trustee and member of the executive committee of New York University, and a trustee of Lawrence Hall of Science at the University of California and of the Institute for the Crippled and Disabled.
After his death, his widow continued Ehrman's philanthropic efforts on behalf of NYU.