Elbert Gary is
an American industrialist and lawyer. He was born in 1846 in Wheaton, Illinois.
He became a popular lawyer and his popularity led him to become a mayor of
Wheaton. He was also a two-term county judge and
became known as Judge Gary.
Gary was
instrumental in the founding of the American Steel and Wire Company. In 1898,
JP Morgan appointed Gary to form the Federal Steel Company. He also organized
the US Steel Corporation in 1901, where he served as chairman of the board. He
held the position until his death in 1927.
As the chairman
of US Steel, Garry possessed a dominant personality. He was hands-on with the
company’s physical expansions. He pioneered the implementation of management
cooperation policy. He held what were called “Gary dinners” where he discussed
policies and informal agreements.
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