Louis A Simpson

Louis A. Simpson began as a college professor and made his fortune as an investor. He would be remembered more for his philanthropy, donating millions of dollars from everything to medical research to the arts complex where his name is inscribed at Artis—Naples, along with that of his wife, Kimberly K. Querrey. Simpson, 85, died Saturday January 8 2022 in his native Chicago but he primarily called Naples home. Six years ago almost to the day he died, Simpson and his wife donated $15 million to Artis—Naples. Simpson grew up in Highland Park, Illinois, and received his bachelor's degree from Ohio Wesleyan University and a masters in economics from Princeton University, where he later served as a professor. He would serve 17 years as president and CEO of Geico Corp. While at the insurance company, he became a friend and confidante of billionaire and Berkshire Hathaway CEO Warren Buffett. Simpson and Querrey wed in 2000 and the couple became major philanthropists. They gave $92 million in 2015 to Northwestern University to finance construction of the Biomedical Research Center that bears their names. Louis A. Simpson has been a director of the Chesapeake since June of 2011. Currently, Mr. Simpson is the Chairman of SQ Advisors, LLC in Naples, Florida. Mr. Simpson served as President and Chief Executive Officer, Capital Operations, of GEICO Corporation (a subsidiary of Berkshire Hathaway Corporation) from May 1993 until his retirement on December 31, 2010. From 1985 to 1993, he served as Vice Chairman of the board of GEICO. Mr. Simpson joined GEICO in September 1979 as Senior Vice President and Chief Investment Officer. Prior to joining GEICO, Mr. Simpson was President and Chief Executive Officer of Western Asset Management, a subsidiary of the Los Angeles, California-based Western Bancorporation. Previously, he was a partner at Stein Roe and Farnham, a Chicago, Illinois investment firm, and an instructor of economics at Princeton University. In addition to his wife, Simpson's other survivors are his three sons: Irving, Kenneth (Carmen) and Edward “Ted” (Kandus); his five grandchildren: Allie McGuire (Cooper), and Tyler, Kennedy, Palmer and Beckett Simpson; his three great-grandchildren, Lachlan, Clementine, and Hamish; his “naughter,” Melissa Querrey; and his nephews Andrew and Robert.