Charles Ranlett Flint

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Charles Ranlett Flint
Charles Ranlett Flint.jpg
Flint in 1907
Born (1850-01-24)January 24, 1850
Thomaston, Maine, U.S.
Died Script error: The function "death_date_and_age" does not exist.
Washington, D.C., U.S.
Occupation Financial capitalist
Spouse(s)
  • Emma Kate Simmons (m. 1883; d. 1926)
  • Charlotte Reeves (m. 1927; wid. 1934)

Charles Ranlett Flint (January 24, 1850 – February 26, 1934) was an American businessman, best known as the founder of the Computing-Tabulating-Recording Company which later became IBM. For his financial dealings he earned the moniker "Father of Trusts".[1][2]

Early life and family

Flint was born on January 24, 1850 in Thomaston, Maine.[3] His father, Benjamin Chapman, had changed the family name to Flint after being adopted by an uncle on his mother's side. The family moved from Maine to New York where his father ran the family's mercantile firm Chapman & Flint, which had been founded in 1837.[4]

Business career

In 1868, Charles Flint graduated from the Polytechnic Institute in Brooklyn, and in 1871 entered the shipping business as a partner in Gilchrest, Flint & Co., and later W.R. Grace & Co. after a merger.[4]

From 1876 to 1879, he served as the Chilean consul at New York City. He also served as consul general to the United States for Nicaragua and Costa Rica.

In 1892, he consolidated several companies to form U.S. Rubber.[5] In 1899 he repeated the same with Adams Chewing Gum, Chiclets, Dentyne, and Beemans to form American Chicle. He was also responsible for the formation of American Woolen in 1899.

In 1911 he consolidated four companies to form the Computing-Tabulating-Recording Company.[6][7] In 1924, the company was re-christened as International Business Machines. Flint served on the board of directors of IBM until 1930 when he retired.[2][8]

He negotiated the Wright Brothers' first sales of airplanes overseas.[9]

Legacy

Charles Flint was an avid sportsman and loved swimming, hunting, fishing, sailing, and aviation. He helped found the Automobile Club of America.

Bibliography

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References

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  4. 4.0 4.1 Stinson, John: The Charles Ranlett Flint Papers, 1872–1930, New York Public Library, November 1991.
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External links

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  • Charles Ranlett Flint at the IBM Archives