- Great American Business Leaders of the Twentieth Century
Truman K. Gibson
Supreme Life Insurance Company of America
1919 - 1955
Finance
b. 1882
| Education |  |
|---|---|
| Undergraduate | Clark Atlanta University (formerly Atlanta University) |
| Graduate | Harvard University |
| Personal | |
|---|---|
| Born-Died | 1882 - 1972 |
| Birthplace | Georgia (GA) |
| Race | Black or African American |
In 1943, Gibson became head of Supreme Life Insurance, which had $53.8 million in industrial insurance policies in force. Gibson ushered in a solid seven years of growth and financial stability. Gibson’s sales force used a “mass production” technique to sell industrial insurance in the African-American communities it served. This sales technique was successful, but expensive, and in 1953, Gibson instituted a number of changes designed to improve the flow of information and centralize company control.