ack Bayer, 85, a retired CEO of a global steel-services company, died Nov. 17. He was a resident of Center City.
Born and raised in Cleveland, Ohio, Bayer earned a bachelor's degree in business administration from Case Western Reserve University.
While there, he enlisted in the U.S. Navy V-12 program, and was sent to Oberlin College and subsequently to Harvard University, where he completed his studies as a midshipman and a commission as an ensign in the Navy. He served aboard ship in the Pacific until the end of World War II.
Bayer attended Cleveland Marshall Law School for three years after discharge before deciding that he would return to Kaiser-Nelson Company, a Cleveland steel-slag processing firm where he had worked during his collegiate summers.
He became a partner in the firm, which went public through a merger in the mid-1960s with International Mill Service, a subsidiary of I.U. International, a New York Stock Exchange-listed conglomerate based in Philadelphia. He remained with IMS and moved to the Philadelphia headquarters in 1968.
IMS — with Bayer as president and CEO — became the largest steel-slag processing company in the world; at the time of his retirement in 1990, the firm operated in more than 100 steel mills in 16 countries.
Bayer was active in community and professional organizations in Cleveland and Philadelphia. A lifelong mason and rotary-club member, he also was a former president and director of the National Slag Association, an industry trade group.
Bayer was former chairman and director of the Philadelphia Chapter of the Crohn's and Colitis Foundation of America. He served as a director and chairman of the Benefits Committee at the Locust Club of Philadelphia, and was a member of the Union League of Philadelphia. He received "Man of the Year" awards from both the CCFA and LORE Associates, a private angel investing group in Philadelphia of which he was a member.
Bayer is survived by his wife of 61 years, Evelyn Bayer; sons Dennis Bayer, Todd Bayer and Mitchell Bayer; brother Ronald Bayer; and four grandchildren.
Memorial donations can be made to: The Leukemia & Lymphoma Society, Eastern Pennsylvania Chapter, 2 International Plaza, Suite 245, Philadelphia, PA 19113.
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