He was one of the founders of Carter, Berlind, Potoma & Weill in 1960, a company that would later through Sandy Weill become Shearson Loeb Rhoades, which was eventually sold to American Express in 1981 for approximately $930 million in stock.
[3] He attended Princeton University and received his bachelor's degree in English in 1954 after completing an 82-page long senior thesis titled "The Quest of the Ideal in the Plays of Yeats and Synge".
The crash of Eastern Air Lines Flight 66 on June 24, 1975 killed his wife, Helen Polk Clark, and three of his four children.
Since then, he has produced or co-produced more than forty plays and musicals on Broadway and many off-Broadway and regional theatre productions as well.
Among them are Amadeus, Nine, Long Day's Journey Into Night, Ain't Misbehavin', Guys and Dolls, Hamlet, Passion, A Funny Thing Happened on the Way to the Forum, Copenhagen, Kiss Me, Kate, Proof, the Pulitzer Prize-winning Anna in the Tropics, the 2004 revival of Wonderful Town, Curtains, and Deuce.