Career
The son of a doctor, Binger grew up on Summit Avenue in St. Paul, Minnesota. He attended Saint Paul Academy, where he met his wife Virginia McKnight, daughter of 3M Chairman, William L. McKnight. He earned an economics degree from Yale University (class of 1938). His lifelong interest in the theatre was sparked while he was at Yale. He next earned a law degree from the University of Minnesota Law School and on graduation, he joined Minneapolis law firm Dorsey & Whitney, where a client was Honeywell.
In 1943 he joined Honeywell, and became its president in 1961 and its chairman in 1965. On becoming Chairman of Honeywell, Binger revamped the company sales approach, placing emphasis on profits rather than on volume. he also stepped up the company's international expansion - it had six plants producing 12% of the company's revenue. He also officially changed the company's corporate name from Minneapolis-Honeywell Regulator Co to Honeywell.
Under Binger's stewardship from 1961 to 1978 he expanded the company into such fields as defense, aerospace, computers and cameras. Honeywell was one of the eight major computer companies (with IBM - the largest, Burroughs, Scientific Data Systems, Control Data Corporation, General Electric, RCA and UNIVAC) through most of the 1960s. In 1970, Honeywell bought General Electric's computer division.
Read more about this topic: James H. Binger
Famous quotes containing the word career:
“I doubt that I would have taken so many leaps in my own writing or been as clear about my feminist and political commitments if I had not been anointed as early as I was. Some major form of recognition seems to have to mark a woman’s career for her to be able to go out on a limb without having her credentials questioned.”
—Ruth Behar (b. 1956)
“Like the old soldier of the ballad, I now close my military career and just fade away, an old soldier who tried to do his duty as God gave him the light to see that duty. Goodbye.”
—Douglas MacArthur (1880–1964)
“The problem, thus, is not whether or not women are to combine marriage and motherhood with work or career but how they are to do so—concomitantly in a two-role continuous pattern or sequentially in a pattern involving job or career discontinuities.”
—Jessie Bernard (20th century)