Edward L. Sawyer Jr. ’55

Ted, a corporate banker who loved to race Dragon one-design sailboats at a high level well into his 80s, died Oct. 25, 2025.

He was born July 5, 1933, in Boston and attended Milton Academy, where he participated in football, wrestling, debating, and tennis. At Princeton, he majored in history and joined Cap and Gown. He engaged in freshman and varsity wrestling and was a member of the Undergraduate Council Staff, solicited for the Campus Fund Drive, and played IAA football and tennis. Senior year he lived at Cap and Gown.

Ted began his career in investment banking in New York City. There he met his wife, the late Dorothy Massie, moved to Cleveland, and established his own firm, The Edgewater Group, specializing in corporate finance, mergers, and acquisitions. He and Dorothy were divorced, and he then met and married his second wife, Clare Fooshee, with whom he shared a life rich with travel and a shared appreciation for literature, art, and culture. Ted was known for his hearty laugh and thoughtful advice, his intellect and generosity. Ted was most proud of his family, especially the accomplishments of his grandchildren.

Sailing was a lifelong passion for Ted, who was never far from the water. He always prioritized summers on Cape Cod, a cherished family tradition. Being on the water bought Ted immense joy. Among fellow sailors he was admired for his intuition on the water and his tactical acumen.

Ted is survived by his wife, Clare; son Alexander; daughter-in-law Marlyse; and stepchildren Nat Childres and Chris Childres and his wife, Vicky. Ted was predeceased by his brother David.