William Procter

popular name: James Gamble

date_of_death: April 29, 1891

age: 88

cause_of_death: Natural causes

claim_to_fame: Business and Finance

best_know_for: In 1819, the George Gamble family set sail for American to seek their fortune in an area of Illinois that was being promoted. Because of illness of a son, they stopped and settled in Cincinnati, Ohio. A son, James Gamble, at 18 apprenticed in the soap business and eventually formed his own company. After marrying Ann Norris, he merged his company with that of William Proctor who married Ann’s sister. And in 1837 that was the start of the Proctor and Gamble Company. In 1858–1859, sales reached $1 million. By that point, about 80 employees worked for Procter & Gamble. During the American Civil War, the company won contracts to supply the Union Army with soap and candles. In addition to the increased profits experienced during the war, the military contracts introduced soldiers from all over the country to Procter & Gamble's products. In the 1880s, Procter & Gamble began to market a new product, an inexpensive soap that floated in water. The company called the soap Ivory. Beginning in the 1880s, P&G advertised its wares in full-page advertisements in many general-interest magazines; by 1921, it had become a major international corporation with a diversified line of soaps, toiletries, and food products; in that year, its annual advertising budget reached $1 million. In the 1920s, P&G advertised its products on the new medium of radio, and from 1932 forward was one of the biggest sponsors of daytime serials, which soon acquired the nickname of soap operas. In the television era, P&G sponsored and produced some twenty soap operas across six decades before the last of its shows ended in 2010. Today Procter and Gamble employees over 101,000 employees with total sales exceeding $76 billion. Upon his death in 1891, he was laid to rest at Spring Grove Cemetery in Cincinnati, OH.

popular name: David Sarnoff

date_of_death: December 12, 1971

age: 80

cause_of_death: Mastoid infection

claim_to_fame: Business and Finance

best_know_for: David Sarnoff was an American businessman and pioneer of American radio and television. Throughout most of his career he led the Radio Corporation of America in various capacities from shortly after its founding in 1919 until his retirement in 1970. It all began in 1920 when Sarnoff reiterated his “radio music box” memo and was given a small amount of money to develop a radio prototype. As RCA’s new general manager, he demonstrated radio’s market potential by broadcasting the boxing match between Jack Dempsey and Georges Carpentier (July 2, 1921); the broadcast created a sensation. Within three years RCA sold more than $80 million worth of receiving sets. In 1926 RCA formed the National Broadcasting Company (NBC). As early as 1923, Sarnoff had perceived the potential of television, which the contributions of several inventors were making technically feasible. His meeting in 1929 with Westinghouse engineer Vladimir Zworykin convinced him that home television was possible, and Sarnoff persuaded Westinghouse to back Zworykin’s work. In 1930 Westinghouse’s television research and Zworykin were transferred to RCA. By 1939 Sarnoff was able to give a successful demonstration of the new medium at the New York World’s Fair. And as they say ... the rest is history. Upon his death, he was laid to rest at Kensico Cemetery in Valhalla, New York.

popular name: Herman Armour

date_of_death: September 8, 1901

age: 64

cause_of_death: Heart attack

claim_to_fame: Business and Finance

best_know_for: At the young age of 18 Herman Armour left home and made his way to Milwaukee where he opened a butcher shop, eventually becoming Armour, Plankington & Co. With loads of ambition he left the business in charge of his partner, John Plankington, in 1862 and headed to Chicago where he established a grain commission business. Three years later he moved again, opening a branch office of Armour, Plankington & Co. (now a major pork packing business) in New York City. In 1868 Armour founded the commission house, H. O. Armour & Company, in New York City. By this time Herman's brother Philip oversaw the Midwestern packing business, renamed Armour & Co. in 1870. In 1875 that operation was moved to Chicago. With the death of his brother Philip in 1901, his son, J. Ogden Armour, took over the meatpacking business, hired thousands of African-American workers to break a union strike in 1904, and by 1923, as Armour Refrigerator Line was broken up for anti-trust violations, the business was at the brink of bankruptcy. After the younger Armour was fired, the company recovered and remained a major meatpacker for decades.