Traverse City Record-Eagle


March 24, 2013

Eldon Olson Died March 15, 2013

NEW YORK, N.Y. — Eldon Olson died peacefully on Friday, March 15, 2013, in New York City. He was born 77 years ago to Andrew Louis Olson and Margaret Theresa Hall in Kingsley. His father was a county 4-H agent and brought up his children to be industrious and disciplined.

Eldon attended school in Kingsley, graduating as valedictorian of his high school class in 1954. He won a scholarship to the University of Michigan and entered as an honors student. He completed his undergraduate studies in the School of Business Administration in three-and-a-half years, graduating first in his class. He began working on an MBA degree in the interim between his graduation and the beginning of law school. In law school he distinguished himself by winning the Campbell Competition, a moot court competition. He was also a member of the Law Review and the Barristers Society. In 1961 he graduated with a JD and an MBA, completing three degrees in seven years. He achieved all this while working to support himself. During this time he also met and married Mary Maxwell.

In the fall of 1961 Eldon and Mary moved to New York City. He began his legal career as a clerk for Judge Leonard P. Moore of the Second Circuit Court of Appeals. After his clerkship he joined the firm of Cravath, Swaine & Moore as an associate. In 1970 he left Cravath to become the first General Counsel of PriceWaterhouse. He was admitted to the partnership of PriceWaterhouse in 1973. By the time he retired in 1996 he had built the Office of the General Counsel from a one man operation to a substantial presence in New York and San Francisco. As General Counsel his responsibilities included managing all the firm’s litigation and its liability insurance program, including the firm’s relationships with Lloyds of London and the liability entities servicing the country’s major accounting firms.

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