James Verlin Kimsey (September 15, 1939 – March 1, 2016) was the co-founder of AOL. He was the first chairman of the company and its CEO until 1995.[1] Although Kimsey is best known for having helped to create AOL, he also spearheaded many other business, military and philanthropic endeavors.
Jim Kimsey | |
|---|---|
| Born | September 15, 1939 Washington, D.C., U.S. |
| Died | March 1, 2016 (aged 76) McLean, Virginia, U.S. |
| Education | Georgetown University United States Military Academy |
| Occupation(s) | Founder, Chairman/CEO of America Online (AOL) |
| Website | kimseyfoundation.org |
Early life and education
editKimsey was born in Washington D.C. in 1939[2] and grew up in Arlington, Virginia.
After being dismissed from Gonzaga College High School,[3] he attended St. John's College High School, followed by Georgetown University for one term on an honors scholarship, and then the United States Military Academy at West Point, New York, from which he graduated in 1962.[4]
Military
editKimsey served in the U.S. Army, becoming a lieutenant and seeing active participation in U.S. interventions in the Dominican Republic and Vietnam.[1] He served three combat tours as an Airborne Ranger, two in the Vietnam War, earning various awards for service and valor.[5]
In July 2005, Kimsey was inducted into the U.S. Army Rangers Hall of Fame, which recognizes the United States' most extraordinary Rangers. In 2008, he received the Distinguished Graduate Award for Outstanding Service to the Nation from the U.S. Military Academy at West Point.[6]
Business
editIn 1970, after eight years in the military, Kimsey bought a building in downtown Washington, D.C., renting out the top floor. On the ground floor, he built and opened a bar known as The Exchange.[7] He "became successful and opened other bars in the 1970s."
In May 1983, Kimsey was brought in as a manufacturing consultant for Control Video Corporation by his West Point friend Frank Caufield, an investor in the company.[2] CVC was founded by William von Meister to market an online service called GameLine for the Atari 2600 video game console. Von Meister had previously hired Steve Case as a marketing consultant on the recommendation of Case's brother, investment banker Dan Case. Von Meister quietly left the company in early 1985.[8]
Shortly thereafter, Control Video was reorganized as Quantum Computer Services, with co-founders Kimsey as CEO, Marc Seriff as CTO, and Steve Case. Quantum Computer Services was later reorganized as AOL. Kimsey served as CEO until 1995, when Steve Case took the helm.
Kimsey was a key investor in, and a director of Triple Canopy, a private military contractor.
Philanthropy
editKimsey was Chairman Emeritus of Refugees International, an independent advocacy group that works to protect refugees and end the cause of displacement.[9] Kimsey also was a member of the board of the Vietnam Veterans Memorial Fund and as a Senior Fellow to the Department of Defense Business Board.[10]
He was a member of the James Madison Council of the Library of Congress. In 2010, Speaker Nancy Pelosi appointed Kimsey to the Library of Congress Trust Fund Board, which oversees the investment of all gifts for the benefit of the Library’s collection and services.[11] He served on the Executive Committee of the National Symphony Orchestra.[12]
His philanthropic endeavors also included the Kimsey Athletic Center at West Point, which he established in 1995.[13] Kimsey also funded internships for military academy students through the Kimsey Scholarship. Cadets and midshipmen from West Point, the Air Force Academy, and the Naval Academy were competitively selected to serve in significant offices of government such as the Supreme Court, State Department, and Congress through the scholarship.[14]
Honors
editKimsey received Presidential appointments to the Kennedy Center Board of Trustees and the West Point Board of Visitors.[15] In 2001, Secretary of State Colin Powell named Mr. Kimsey as Chairman of the International Commission on Missing Persons, an organization dedicated to identifying hundreds of thousands of missing from conflicts and natural disasters around the world, through DNA research.[16]
One of the office buildings on the former AOL Campus in Ashburn Virginia, now demolished, was named The James Kimsey Center in his honor.
Death
editKimsey died in McLean, Virginia of cancer on March 1, 2016, aged 76.[1][17][18][19] Kimsey had three sons and four grandchildren.[20]
Personal
editKimsey resided in McLean, Virginia and had three grown sons: Mike, Mark and Ray.[21]
In 1995, Kimsey established The Kimsey Foundation. His philanthropy includes the Kimsey Athletic Center at West Point.[13]
In 2000, Kimsey purchased Marden House, designed by Frank Lloyd Wright, for $2.5 million.[22]
In 2001, Kimsey was named Chairman of the International Commission on Missing Persons in Bosnia by Colin Powell.[1]
On October 30, 2006, Kimsey was appointed to the board of trustees of the John F. Kennedy Center for the Performing Arts by President George W. Bush.[23]
In May 2018, after his death, Kimsey's house in McLean was listed for sale for $62.95 million.[24]
References
edit- ^ a b c d Protess, Ben (March 2, 2016). "Jim Kimsey Dies at 76; AOL Co-Founder Influenced Generation of Net Providers". The New York Times. ISSN 0362-4331.
- ^ a b Klein, Alec (2003). "pages 23-24". Stealing Time: Steve Case, Jerry Levin, and the Collapse of AOL Time Warner. New York: Simon & Schuster. ISBN 0-7432-5984-X.
- ^ "James V. Kimsey, a co-founder of AOL, dies at 76 (+video)". Herald Democrat. March 3, 2016.
- ^ Heath, Thomas (March 3, 2016). "James V. Kimsey, a co-founder of AOL, dies at 76". The Washington Post.
- ^ "JAMES VERLIN KIMSEY's Obituary on The Washington Post". The Washington Post. March 4, 2016.
- ^ "Memorial". apps.westpointaog.org. Archived from the original on 2017-09-01. Retrieved 2017-08-31.
- ^ "JIM KIMSEY STEPS OUT FROM BEHIND THE SCENES". Washington Post. 2024-01-06. ISSN 0190-8286. Retrieved 2024-05-22.
- ^ "AOL.COM". The New York Times. 1998.
- ^ "In Memoriam: Jim Kimsey". Refugees International. Archived from the original on 2017-09-01. Retrieved 2017-08-31.
- ^ "Panelist Biography: James V. Kimsey - Main Campus Reunion 2006". Georgetown University. Archived from the original on 2016-11-17. Retrieved 2017-08-31.
- ^ 111 Cong. Rec 156157 (2010) (statement of Speaker. Nancy Pelosi).
- ^ Congressional Record, V. 146, Pt. 7, May 24, 2000 to June 12, 2000. Government Printing Office. December 2004. ISBN 9780160732423.
- ^ a b Zinsmeister, Karl (Spring 2012). "Spartan Donors". Philanthropy.
- ^ "MEMORANDUM FOR INTERNSHIP, SUMMER 2012". July 12, 2012.
- ^ Congressional Record, V. 146, Pt. 7, May 24, 2000 to June 12, 2000. Government Printing Office. December 2004. ISBN 9780160732423.
- ^ "Department of Law - Kimsey". www.usma.edu. Archived from the original on 2017-09-01. Retrieved 2017-08-31.
- ^ "Jim Kimsey, co-founder of AOL, dies at 76". The Guardian. The Associated Press. March 1, 2016.
- ^ Zipkin, Nina (March 3, 2016). "AOL Co-founder Jim Kimsey Dies at 76". Entrepreneur.
- ^ FIEGERMAN, SETH (March 3, 2016). "Popular AOL co-founder Jim Kimsey is dead at 76 and Steve Case pays tribute". Mashable.
- ^ Notice of death of Jim Kimsey, winnipegfreepress.com; accessed March 2, 2016.
- ^ Devaney, Robert (March 18, 2016). "AOL Co-founder Jim Kimsey Dies of Cancer at 76". The Georgetowner.
- ^ Gowen, Annie (August 21, 2005). "The Wright Way". The Washington Post.
- ^ "Personnel Announcement" (Press release). The White House. October 30, 2006.
- ^ Gilgore, Sara (May 29, 2018). "This McLean listing just set a new record — at $63M. Here's a look inside". American City Business Journals.
External links
edit- Kimsey insider trading data, secform4.com;