Did you know? Walker worked his way up in the company from a field trainee in 1958 to the acting CEO in 1979. He served as CEO until Pilgrim was bought by Atlanta Life Insurance Co. in 1989. Walker’s grandfather, Solomon W. Walker, founded the company in 1898 as a benevolent society with three other young men, according to an Augusta Chronicle story that ran February 2006. “It was a bitter pill to swallow,” Walker said about the buyout. “And yet I know we did the right thing, We had to preserve the integrity of the business and protect our policy holders in the long run.” Pilgrim was Georgia’s first black-owned insurance company, and by the mid 1910s, the headquarters was on Laney-Walker Boulevard. The company provided white-collar jobs for young black workers and offered mortgage services.
Posted on: Wed, 24 Jul 2013 17:55:04 +0000
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