http://southflorida.blockshopper.com/news/story/199033/
Oil exec pays $2.95M for Palm Beach condo
by Mallory Davis, published Monday, January 21 1:00 PM · ShareThis
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Thomas D. O’Malley and his wife, Mary Alice, bought a three-bedroom, three bath at {Privacy Shield Invoked} in Palm Beach from Donna Rautbord for $2.95 million on Dec. 11.
{Privacy Shield Invoked}, which spans 2,000 square feet, is located in the Winthrop House development, which was built in 1972.
Mr. O’Malley is a veteran of the oil refinery business, most recently serving as chairman and chief operating officer of Premcora, an oil refinery group based in Greenwich, Conn.
He began his career in the mailroom of Phillip Brothers, a commodities trading firm. This eventually led to positions trading, running the company’s European operations and managing their energy business.
When Phillip Brothers merged with Salomon, an investment banking firm, Mr. O’Malley became vice president and chief executive officer of the oil trading division. In 1986, he left to found Argus Investments, which later merged with Tosco Corporation and Comfed Bancorp. He later served as chairman and chief operating officer of Tosco and vice chairman of Phillips Petroleum.
He earned his bachelor’s from Manhattan College.
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O’Malley, Thomas D. [MC1963]
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Kevin: Tom is a 1963 grad and is the current Chairman of the Board of Manhattan College.
[JR: Thanks, Kevin. Much appreciated. ]
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Dear John,
The Chairman is a member of the Class of 1963.
Mike
[JR: Thanks, Mike. Much appreciated. ]
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