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PETER ORNSTEIN, 64, MERRILL LYNCH EXECUTIVE, GREENWICH, CONN., LEADER

PETER ORNSTEIN, 64, MERRILL LYNCH EXECUTIVE, GREENWICH, CONN., LEADER
 GREENWICH, Conn., Oct. 12 /PRNewswire/ -- Peter Ornstein, 64, a vice president for corporate development at Merrill Lynch, Inc., and a community leader in Greenwich, Conn., died Sunday, Oct. 11, at Greenwich Hospital after a short illness.
 Active at work until several days before he died, he served primarily institutional clients from the Merrill Lynch Fifth Avenue Financial Center.
 Before joining Merrill Lynch 24 years ago, he was an executive with the Katz Agency, a media advertising representative. Earlier he was operations manager of WNBC-TV, the network's flagship station.
 For ten years he served as a member of the Greenwich Representative Town Meeting, and he was secretary for District 10.
 Previously, for 10 years, he was a member of the Greenwich Board of Parks and Recreation. He had also served on the Greenwich Library Board of Trustees.
 Mr. Ornstein was well-known in local yachting circles. He was a member and former board member of Indian Harbor Yacht Club, a member of the Storm Trysail Club, New York Yacht Club, Greenwich Boat and Yacht Club, and the Byram Shore Boat Club.
 A lifelong sailor, he underwent two major surgeries in 1989 and 1991, neither of which interfered with his yacht racing activities. Indian Harbor Yacht Club members will remember his winning several winter season frostbite series and summer races during this period.
 Mr. Ornstein graduated from the Bronx High School of Science and received a B.A. degree in mathematics from New York University College of Arts and Sciences in 1949.
 In 1949 and 1950, he served in the U.S. Navy as an ensign aboard the destroyer escort "Albert E. Harris."
 Mr. Ornstein is survived by his wife, Barbara Holly Ornstein; a daughter, Holly Ornstein Carter of Seoul, Korea; and a son, David Stanbrough Ornstein of Greenwich.
 His daughter resigned in 1990 as Editorial Page graphics editor of "The New York Times" to undertake a Henry Luce Fellowship in Korea. She presently is doing freelance photography and writing from Seoul. His son is with Merrill Lynch in Stamford, Conn.
 A memorial service will be held Saturday, Oct. 17, at 11 a.m. at the Indian Harbor Yacht Club in Greenwich, Conn.
 -0- 10/12/92
 /CONTACT: Barbara Ornstein, 203-531-7869/ CO: Merrill Lynch, Inc. ST: New York, Connecticut IN: FIN SU


LR-PS -- NY046 -- 8879 10/12/92 13:50 EDT
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Date:Oct 12, 1992
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