David Packard
David Packard (/ˈpækərd/ PAK-ərd; September 7, 1912 – March 26, 1996) was an American electrical engineer and co-founder, with Bill Hewlett, of Hewlett-Packard (1939), serving as president (1947–64), CEO (1964–68), and chairman of the board (1964–68, 1972–93) of HP. He served as U.S. Deputy Secretary of Defense from 1969 to 1971 during the Nixon administration. Packard served as president of the Uniformed Services University of the Health Sciences (USU) from 1976 to 1981 and chairman of its board of regents from 1973 to 1982.[1] He was a member of the Trilateral Commission. Packard was the recipient of the Presidential Medal of Freedom in 1988 and is noted for many technological innovations and philanthropic endeavors.
For his son, the professor and philanthropist, see David Woodley Packard.
David Packard
September 7, 1912
Pueblo, Colorado, U.S.
March 26, 1996 (aged 83)
Stanford, California, U.S.
Lucile Salter (d. 1987)
4; including David Woodley, Susan and Julie
Co-founder of Hewlett-Packard.
Member of Trilateral Commission.
Sylvanus Thayer Award (1982)
Presidential Medal of Freedom (1988)
Public Welfare Medal (1989)
Personal life[edit]
Packard was born in Pueblo, Colorado, the son of Ella (Graber) and Sperry Sidney Packard, an attorney.[2][3] He attended Centennial High School, where early on he showed an interest in science, engineering, sports, and leadership.[4] Packard earned his B.A. from Stanford University in 1934, where he earned letters in football and basketball and attained membership in the Phi Beta Kappa Society and was a Brother of the Alpha Delta Phi Literary Fraternity.[5] Stanford is where he met two people who were important to his life, Lucile Salter and Bill Hewlett.[6] Packard briefly attended the University of Colorado at Boulder before taking a position with the General Electric Company in Schenectady, New York. In 1938, he returned to Stanford, where he earned a master's degree in electrical engineering later that year.[6] In the same year, he married Lucile Salter, with whom he had four children: David, Nancy, Susan, and Julie. Lucile Packard died in 1987 (age 72).[7]
Hewlett-Packard[edit]
In 1939, Packard and Hewlett established Hewlett-Packard (HP) in Packard's garage with an initial capital investment of $538 (equivalent to US$11,785 in 2023).[4][6] Packard mentions in his book The HP Way that the name Hewlett-Packard was determined by the flip of a coin: HP, rather than PH.[6][8] Their first product was an audio frequency oscillator, 8 of which were sold to Walt Disney Studios for testing sound equipment used to produce Fantasia.[6]
The company grew into the world's largest producer of electronic testing and measurement devices.[9] It also became a major producer of calculators, computers, and laser and ink jet printers.[6][10]
HP incorporated in 1947, with Packard becoming its first president, serving in that role until 1964. He was then elected chief executive officer and chairman of the board, holding those positions through 1968.[11] Packard left HP in 1969 to serve in the Nixon administration until 1971, at which time he returned to HP and was re-elected chairman of the board, serving from 1972 to 1993.[12] In 1991, Packard oversaw a major reorganization at HP. He retired from HP in 1993. At the time of his death in 1996, Packard's stake in the company was worth more than $1 billion.[13]
Packard was criticized for expanding into South Africa, where HP equipment was used to implement apartheid. In 1980, he presided over the groundbreaking ceremony for HP's headquarters in Johannesburg.[14] When Nebraska became the first US state government to divest from South Africa, Packard remarked "I'd rather lose business in Nebraska than with South Africa."[15]
At Packard's instruction,[16] the domain name "HP.com" was registered on March 3, 1986, and as such was one of the earliest to be registered.[17][18]
Philanthropy[edit]
From the early 1980s until his death in 1996, Packard dedicated much of his time and money to philanthropic projects.[29] In 1964, Packard and his wife had established the David and Lucile Packard Foundation. In 1986, they donated $40 million toward building what became the Lucile Packard Children's Hospital at Stanford University; the new hospital opened in June 1991. Prompted by his daughters Nancy and Julie, in 1978 David and Lucile had created the Monterey Bay Aquarium Foundation. The couple eventually donated $55 million to build the new aquarium, which opened in 1984 with Julie Packard as its executive director.[4] In 1987, Packard gave $13 million to create the Monterey Bay Aquarium Research Institute.[4] Packard and Hewlett made a combined donation of $77 million to Stanford in 1994,[30] for which the university named the David Packard Electrical Engineering Building in his honor.[31]
Packard was a member of the American Enterprise Institute's board of trustees. He died on March 26, 1996, at age 83 in Stanford, California, leaving approximately $4 billion (the bulk of his estate) to the David and Lucile Packard Foundation, including large amounts of valuable real property in Los Altos Hills. All three Packard daughters sit on the foundation's board of trustees. David Woodley Packard, his son, serves as president of the Packard Humanities Institute.[32]
Packard's old home and garage in Palo Alto, California were placed on the California registry of historic places as "The Birthplace of Silicon Valley".[6] He also had an oil tanker named for him.[41] The David Packard, built in 1977, was operated for Chevron, had a capacity 406,592 long tons deadweight (DWT) and was registered under the Bahamian flag. In 2021, MBARI built a new research vessel named R/V David Packard in honor of him as their founder.[42]
Articles
Books
Interviews