The son of wealthy Pittsburgh banker Thomas Mellon, Andrew William Mellon had followed in his father’s footsteps, to be a banker. He had also been the American ambassador to the U.K. and the American secretary of the treasury. He owned companies such as Alcoa, Old Overholt whiskey, and Gulf Oil.
Associated with the Bethlehem Iron Works, the Father of the U.S. Steel Industry, John Fritz was one of the pioneers of the Bessemer process and had also introduced open-hearth furnaces and other innovative techniques. He was the first recipient of the John Fritz Medal, launched in his honor.