Walter Paepcke was an American industrialist, business
executive and philanthropist who rose to prominence in the mid-20th century.
Paepcke served as the executive of Container Corporation of America at one
point and was the founder of Aspen Institute and Aspen Skiing Company. He
reshaped skiing
and placed Aspen, Colorado on the map as the first choice of a destination for
vacation and skiing in the US.
In 1949, Aspen became the venue for the celebration of
Johann Wolfgang von Goethe’s 200th birthday anniversary through the efforts of
Paepcke. A few celebrities were at the celebration. In 1950, Paepcke
established what is known today as Aspen Institute. Thereafter, Paepcke
promoted Aspen through posters and other design works created by Bauhaus
renowned designer Herbert Bayer.
Through his wife, Elizabeth, the Paepckes also opened the Aspen Music Festival School where Walter Paepcke
served as the director. He stepped down from the position in 1954 following his
appointment of Mack Harrell as his replacement.
Being a wealthy man, Paepcke used his fortunes for the
benefits of others, especially for educational foundations.
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