Lilly, David M. (David Maher), 1917-

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David Maher Lilly was born in St. Paul on June 14, 1917, the son of Richard Coyle and Rachel (Cunningham) Lilly. He received a bachelor's degree in economics from Dartmouth College in 1939, and served as a major in the U.S. Army during World War II (1942-1945).

In 1945 he went to work for Toro Manufacturing Corporation (later known as the Toro Company), a Minneapolis-based manufacturer of lawn mowers, garden tractors, snow throwers, and similar equipment. He served as vice president, general manager, and treasurer [to ca.1949]; president [ca.1950-ca.1968]; and as chairman of the board of directors [ca.1969-1976]. Lilly retired from Toro in 1976, but apparently rejoined the board around 1978.

Lilly served as a member of the board of governors of the Federal Reserve System (1976-1978), dean of the University of Minnesota School of Management (1978-1983), and as the university's vice president for finance and operations (1983-1988). He served as Minnesota Republican State Central Committee treasurer (1963-1966), and as chairman of the Minnesota Republican State Finance Committee (1966-1968). He was on the boards of several major Twin Cities corporations, and was a member of the Carleton College Board of Trustees until 1992.

Lilly married Perrin Brown on December 5, 1946. The couple had three children: David Maher, Bruce Austin, and Susanne Brown Lilly.

From the guide to the David M. Lilly papers., 1959-2007., (Minnesota Historical Society)

Archival Resources
Role Title Holding Repository
creatorOf David M. Lilly papers., 1959-2007. Minnesota Historical Society
referencedIn Louis Menk papers., 1953-1981. Minnesota Historical Society
creatorOf Menk, Louis Wilson, 1918-. Louis Menk papers, 1953-1981. Minnesota Historical Society, Division of Archives and Manuscripts
creatorOf Lilly, David Maher, 1917-. David M. Lilly Papers, 1959-2007. Minnesota Historical Society, Division of Archives and Manuscripts
Role Title Holding Repository
Place Name Admin Code Country
United States
Universities and colleges
Universities and colleges
Dutch elm disease
Economic policy
Golf courses
Golf courses
Inflation (Finance)
Inflation (Finance)
Trusts and trustees
Deans (Education)
Directors of corporations


Birth 1917-06-14



Ark ID: w64t9gh8

SNAC ID: 48802423