Gates, Thomas S.

Gates, Thomas S. (Sovereign)

(1873–1948) banker, university president; born in Germantown, Pa. He was a partner at Drexel and Company (1918–30) and J. P. Morgan and Company (1921–30) before assuming the presidency of the University of Pennsylvania (1930–44). He reorganized the university's finances, brought athletics under administrative control, and raised educational standards.
The Cambridge Dictionary of American Biography, by John S. Bowman. Copyright © Cambridge University Press 1995. Reproduced with permission.