Cyril Isaac Magnin (July 6, 1899 – June 9, 1988) was an American businessman from San Francisco, California. He was the chief executive of the Joseph Magnin Co.
He served as the president of Joseph Magnin Co. from 1940 to 1952.[1] He then served as its chairman and chief executive officer from 1952 to 1970.[1] It evolved into a multimillion-dollar chain, selling fashion for young women.[2] He served as general partner and chairman of Cyril Magnin Investments Ltd. as well as chairman of Lilli Ann Corp.[2] He also served as president of the San Francisco Chamber of Commerce.[1]
Magnin was a veteran political fund-raiser and power broker in the Democratic Party.[2] He was treasurer of President Franklin D. Roosevelt's northern California re-election campaign in 1944, a delegate to the Democratic National Convention in 1948 (which nominated President Harry S. Truman) and again in 1964, when he co-chaired the Finance Committee of President Lyndon B. Johnson's campaign in California.
Throughout the 1950s and 1960s, Magnin was one of a quartet of wealthy San Francisco Jewish contributors to Democratic candidates, appreciatively called "The Green Machine" by career politicians,[6][failed verification] the others being the Fairmont Hotel magnate Benjamin Swig, Lilli Ann clothing company founder Adolph Schuman, and real estate mogul Walter Shorenstein. The four did not always agree in their choice of candidates. Magnin himself was a major donor to the presidential candidacies of John F. Kennedy in 1960 and Robert F. Kennedy in 1968, and, in the interim, developed a close friendship with Lyndon Johnson.[7]
Personal life and death
He was married to Anna (Smithline) Magnin, who died in 1948.[1] They had two sons and a daughter: Donald I. Magnin, Jerry A. Magnin and Ellen Magnin Newman.[1] He remarried to Lillian Ryan Helwig in 1951, only to divorce a decade later, in 1961.[2] He identified as a non-practising Jew.[2] He died on June 9, 1988.[1] The two-block stretch of Fifth Street North, north of Market and adjacent to Hallidie Plaza, was renamed Cyril Magnin Street in his honor.
^Cyril Magnin and Cynthia Robins. Call Me Cyril (New York, 1981); Bernice Scharlach. Dealing From the Heart, A Biography of Benjamin Swig (San Francisco, 2000)
External links
Media related to Cyril Magnin at Wikimedia Commons