Swope, Gerard

Swope, Gerard
born Dec. 1, 1872, St. Louis, Mo., U.S.
died Nov. 20, 1957, New York, N.Y.

U.S. business leader.

After graduating from the Massachusetts Institute of Technology, he joined Western Electric in 1895 and became a director in 1913. He was made president of General Electric Co.'s international subsidiary in 1919 and greatly increased the company's foreign business. As president of General Electric (1922–39, 1942–44), he expanded its line of consumer products and pioneered profit sharing and other employee benefit programs. He also served on the Department of Commerce's Business Advisory Council, and his ideas and support underlay such important New Deal programs as the National Recovery Administration and Social Security.

* * *

▪ American executive
born Dec. 1, 1872, St. Louis, Mo., U.S.
died Nov. 20, 1957, New York, N.Y.
 president of the General Electric Company (General Electric Co.) (1922–39; 1942–44) in the United States. He greatly expanded the company's line of consumer products and pioneered profit-sharing and other benefits programs for its employees.

      Fascinated by electricity early in life, Swope graduated from the Massachusetts Institute of Technology in 1895 and went to work for the Western Electric Company, becoming a director of the company in 1913. In 1919 he was appointed the first president of General Electric's international subsidiary. An excellent salesman, he substantially increased the company's foreign business and was made president of General Electric in 1922. At the time of his promotion the company primarily sold industrial electrical products, but under Swope's direction it began to develop and market such household appliances as refrigerators and vacuum cleaners.

      Swope expanded General Electric's employee benefits, implementing a system of matching contributions by workers and the company. In addition to profit-sharing, he instituted cost-of-living wage adjustments as well as a form of unemployment insurance.

      During his career Swope held a number of administrative and advisory posts with government. He was also associated with the early development of radio, serving as a director on the boards of the National Broadcasting Company, RCA Victor, and other firms. After his retirement from General Electric in 1939, Swope chaired the New York City Housing Authority until 1942.

* * *


Universalium. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • SWOPE, GERARD — (1872–1957), U.S. electrical engineer and industrialist. Born in St. Louis, Missouri, where his father was a watchcase manufacturer, Swope became fascinated with electricity as a child. He graduated from the Massachusetts Institute of Technology… …   Encyclopedia of Judaism

  • Swope, Gerard — (1872 1957)    Gerard Swope was an engineer with the Western Electric Company in Chicago, Illinois, who served as an assistant to George W. Goethals during World War I. In 1919, he joined General Electric as president of its international… …   Historical Dictionary of the Roosevelt–Truman Era

  • Swope, Gerard — (1872 1957)    American electrical engineer and philanthropist. He was born in St Louis. He became president of the International General Electrical Company …   Dictionary of Jewish Biography

  • Swope, Gerard — (1 dic. 1872, St. Louis, Mo., EE.UU.–20 nov. 1957, Nueva York, N.Y.). Líder empresarial estadounidense. Después de graduarse en el Massachusetts Institute of Technology, ingresó a Western Electric Co. Inc. en 1895 y pasó a ser director en 1913.… …   Enciclopedia Universal

  • Swope — is a surname that refers to: *Earl Swope (1922–1968), American jazz trombonist; brother of Rob Swope *Gerard Swope (1872–1957), American businessman; president of General Electric 1922–44 *Guy J. Swope (1892–1969), American politician from… …   Wikipedia

  • Gerard — López Segú, conocido por su nombre de pila, Gerard , es un futbolista catalán del FC Barcelona, campeón de la Liga española de fútbol en la temporada 2004 2005. Nacido en Granollers (Barcelona) el 12 de marzo de 1979, es el menor de una saga de… …   Enciclopedia Universal

  • Gerard — /jeuh rahrd /, n. Also, Gérard. a male given name, form of Gerald. * * * (as used in expressions) Gerard Adams David Gerard Gerard Dou Anton Herman Gerard Fokker Hopkins Gerard Manley Gerard Kremer Gerard of Burgundy Swope Gerard Terborch Gerard… …   Universalium

  • Gérard — /zhay rddahrdd /, n. Comte Étienne Maurice /kawonnt ay tyen moh rddees /, 1773 1852, French marshal under Napoleon. * * * (as used in expressions) Gerard Adams David Gerard Gerard Dou Anton Herman Gerard Fokker Hopkins Gerard Manley Gerard Kremer …   Universalium

  • Gerard Swope — (December 1, 1872 November 20, 1957) was a U.S. electronics businessman. He served as the president of General Electric Company between 1922 and 1939, and again from 1942 until 1944. During this time Swope expanded GE s product offerings,… …   Wikipedia

  • SWOPE, HERBERT BAYARD — (1882–1958), U.S. journalist and public official; brother of gerard swope . One of the leading newspapermen of his time, he continued to exert wide influence for 30 years after his retirement from journalism. A man of colorful personality and… …   Encyclopedia of Judaism

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”