1954

It was announced in early February that Seaver "Pete" Peters, Dartmouth's long-time director of athletics, has resigned effective June 30 to pursue a career in business. Seaver has been a member of the College administration since 1959, and athletic director for the past 16 years.

"It is with sincere regret that I accept Pete's resignation," President David McLaughlin said. 'He has provided outstanding leadership for our athletic program through a period of unprecedented growth, including the advent of co-education. Dartmouth and the collegiate athletic community owe him a debt of gratitude. He will be missed."

Seaver has spent most of his professional career at Dartmouth. As an undergraduate, you will remember, he captained Eddie Jeremiah's 1953-54 hockey squad. He then spent two years as an Air Force officer and three years in a family business before returning to Hanover. Seaver called his 24 years of service to the College 'a tremendously rewarding experience," but said, "It's time to do my own thing."

During his tenure as athletic director, Seaver has presided over 17 of Dartmouth's Ivy League titles, including five straight football championships (1969—1973), three additional gridiron crowns (1978, 1981, 1982), two consecutive ice hockey titles (1979-1980), and three women's, basketball titles (1980-1982).

Seaver made it clear that there are no conflicts underlying his departure, and he had nothing but positive reflections on his years at Dartmouth. He reasons that "fresh ideas will be heiprul to the department." According to Seaver, his future plans are flexible and it is doubtful that they will include active involvement with sports. He plans to stay in the Hanover area and get involved in the investment business.

Seaver first served as associate director of athletics under the late Robert A. "Red" Rolfe '31, handling the D.C.A.C.'s budget and financial affairs. From 1960 to 1963, Seaver worked as assistant comptroller of the College, then returned to Alumni Gym as associate director of athletics for physical education and intramurals. He was appointed to his present position in 1967 and has served in that capacity under three presidents.

In his role as athletic director, Seaver has been the principal administrative officer for more than two dozen men's and women's intercollegiate teams, the coaching staff, and the athletic program administrators. He also oversees the physical education, intramural, and recreation sports programs that involve more than three-quarters of Dartmouth's student body in year-round activities. Seaver can claim many professional accomplishments. He is currently a member of the N.C.A.A. executive committee and previously chaired the N.C.A.A. television committee. He is a past president of the Eastern College Athletic Conference and chaired that group's basketball and hockey television committees. He has also served as president of the New England College Athletic Conference.

We congratulate Seaver on a job well done and wish him well with his future endeavors.

George Grayboys's Citizens Savings Bank was ranked as the top performer among larger mutual savings banks nationwide in two major categories return on average assets and return on equity in an annual ranking by a nationally-known bank analysis firm. A recent article in New England Business featured George and Citizens: "Citizens Savings Bank in Providence defies much of the current conventional wisdom about thrift institutions. For starters, it's not ailing. At a time when the vast majority of savings banks are suffering unprecedented financial losses, Citizens ranked as the highestperforming mutual savings bank in the country in 1982.

" 'I don't think of us as a mutual savings bank per se, although we're called a mutual savings bank,' says Citizens President George Grayboys. 'Even though our structure is that of a savings bank, our orientation is much broader than that of a traditional mutual simply because we're the beneficiary of state legislation.' Grayboys characterizes Citizens Bank as a rare bird in the industry. Citizens Savings Bank owns a subsidiary called Citizens Trust Company, a commercial bank, and Citizens Leasing Corporation. On a consolidated balance sheet basis, Citizens Trust, Citizens Savings, and the leasing company have a total of $898 million in deposits and $1 billion in assets, including a commercial loan portfolio of more than $120 million." Nice going, George!

The Dartmouth reported in its February 26 issue that tuition at Dartmouth will go up nine per cent this coming year, and that the trustees, pending collection of adequate funds, are recommending the following: construction of a new gym over the tennis courts on the west side of Alumni Gym; renovation of Alumni Gym; renovation of the existing men's locker area; renovation of Davis Varsity House; construction of four all-weather doubles tennis courts near Thompson Arena and the Choate dormitories; installation of snow-making equipment at the Dartmouth Skiway; construction of a crew boat storage facility near the Connecticut River; construction of a single turf practice and playing field at Chase Field; and all-weather resurfacing of the six doubles tennis courts at the east end of Alumni Gym.

Let's hope all those tennis courts are finished by our 30th reunion, as there promises to be some rugged competition on the courts! It's great to see this commitment to the improvement of sports facilities.

Two members of the class of '54 GeorgeGraboys, top, and Seaver Peters, bottom have been in the news lately. Gray boys heads abank in Providence, R. I., recently featured in New England Business, aiid Peters has justsubmitted his resignation as athletic director atthe College to pursue a career in business. Details on both are in the 1954 class notes.

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