. In that position, he met Congressman Mel Laird. David Packard's name lent itself to one-half of the oldest and largest employer in Califo…, Hewlett-Packard Company Beginning with an audio oscillator for use in communications, geophysics, and medicine, they added a full line of audio-frequency measuring instruments.

Slowly, however, she won support from top managers and the board of directors. Early on, he and Hewlett ran their company based on some rather benevolent principles. In college he was a varsity athlete and president of his fraternity. Son of Sperry Packard and Ella Packard In 1998, she was named president of Lucent's largest group, and Fortune named her the most powerful woman in business. Retrieved October 16, 2020 from Encyclopedia.com: https://www.encyclopedia.com/education/economics-magazines/packard-david. Publicly traded stock allowed HP to acquire other companies through a stock exchange, alleviating the need for cash and helping employees benefit from HP growth through a stock option plan. In 1986, David and Lucile Packard donated $40 million to found the Lucile Packard Children’s Hospital located in Palo Alto, which opened in 1991, four years after her death. President Richard Nixon asked Packard to serve as deputy secretary of defense in late 1968. Packard took HP public in November of 1957. Howe, Harlan. The objectives encapsulated all the aims and policies of Packard and Hewlett for the company. ." He served as U.S. Deputy Secretary of Defense from 1969–1971 during the Nixon administration. [On-line] http://www.agilent.com.org (accessed on August 15, 2002). Leading American Businesses. Retrieved October 16, 2020 from Encyclopedia.com: https://www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/packard-david. He felt he could not take the risk of an uncertain income at the time and accepted a position with General Electric in Schenectady, New York. Then-President Reagan asked him to serve as vice-chair of the Packard Commission, which was charged with suggesting reform of the process by which defense contractors like Hewlett-Packard were awarded Pentagon contracts. It also became a major producer of personal computers and laser and inkjet printers. From HP’s beginning in the late 1930s, Packard and Hewlett paid keen attention to their employees’ welfare. San Jose Mercury News (February 22, 2002). He was an enthusiastic patron of each, reported Philanthropy magazine in 2000, “donating his time, talents, and fortune to their success.” When AEI hit hard financial times in the early 1980s, Packard “helped very significantly with his finances and his advice,” according to former AEI president Christopher DeMuth. It was that sort of partnership. "Open Season on Carly." He took some graduate courses at the University of Colorado, and in 1935 relocated to Schenectady, New York, when General Electric hired him as a trainee. While on visit to Palo Alto, California, in the summer of 1929, Packard toured Stanford University. Packard was born in Pueblo, Colorado, in 1912. The HP Way describes HPs' management philosophy, which encourages creativity and shuns traditional business hierarchy and formality. ."

They often took the same classes, but their friendship didn't develop until their senior year. According to Computer Reseller News columnist Jeff Bliss, "The best talent at Eastern institutions such as the Massachusetts Institute of Technology and Bell Labs took notice, and the Western migration of the country's technological brain trust began. During World War II Hewlett-Packard expanded rapidly to meet the needs of various defense projects. Contribute to IMDb. The families used these tracts for vacations, hunting trips to which they often brought guests, cattle raising, and fishing, all favorite hobbies of Packard. 1984: Entered printer market for personal computers. (513)445-5000 Gale Encyclopedia of E-Commerce.

. As high technology changed, HP kept pace with the change, often directing it. David Packard built his first radio using a vacuum tube—a common device in early electronic equipment—two batteries, and a few other parts.

Husband of Lucile Packard David Packard Company, Inc., All rights reserved.Terms and Conditions • ISO Certificate of RegistrationWebsite design by the Larson Group.

In 1968 President Richard M. Nixon appointed Packard deputy to Secretary of Defense Melvin Laird. Public Company "Packard, David From 1948 until 1956 he chaired the Palo Alto School Board; he also gave money to the Republican Party. The company's original purpose was the design and manufacture of instruments for electronic measurement. It is regarded as one of the best pediatric hospitals in the country, with a physician staff of 650. He also served on the boards of Chevron, Boeing, General Dynamics, and U.S. Steel. Laird then asked Packard to come to Washington to serve as his deputy secretary. General Electric Co. hired Packard as an engineer in 1936, but two years later, Packard resigned and returned to Stanford to pursue a graduate fellowship. Even after he retired from direct administration in 1977, he continued as chairman of the board. Packard and Hewlett officially went into business in 1939 by pooling their combined savings of $538 to buy equipment. These practices—which eventually became known as the "HP Way"—included an Open Door Policy that was created to help facilitate frequent, comfortable, and candid communication between employees and management. Most products were successful as a result of HP’s policy of only becoming involved in areas they knew well. He was chairman of the Monterey Bay Aquarium Foundation; chairman and president of the Monterey Bay Aquarium Research; vice chairman of the California Nature Conservancy in 1983; and director of the Wolf Trap Foundation in Vienna, Virginia, a society dedicated to the performing arts, from 1983 to 1989.



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