Procter, William (Cooper)

born Aug. 25, 1862, Glendale, near Cincinnati, Ohio, U.S.
died May 2, 1934, Cincinnati

U.S. manufacturer.

A grandson of the founder of Procter & Gamble Co., he started working at the company in 1883. He served as president from 1907 to 1930, during which time sales rose from $20 million to over $200 million. Under his leadership the company pioneered in labour relations: he introduced a profit-sharing plan for employees (1887), guaranteed them 48 weeks of work a year (1920), and introduced a disability pension plan, a life-insurance plan, and employee representation on the board of directors.

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Universalium. 2010.

Look at other dictionaries:

  • Procter, William Cooper — ▪ American businessman born Aug. 25, 1862, Glendale, near Cincinnati, Ohio, U.S. died May 2, 1934, Cincinnati       American manufacturer who established the nation s first profit sharing plan for employees.       The soapmaking firm of Procter & …   Universalium

  • Procter, William (Cooper) — (25 ago. 1862, Glendale, cerca de Cincinnati, Ohio, EE.UU.–2 may. 1934, Cincinnati). Industrial estadounidense. Nieto del fundador de Procter & Gamble Co., donde empezó a trabajar en 1883. Presidió la empresa entre 1907 y 1930, tiempo en que las… …   Enciclopedia Universal

  • William Cooper Procter — (1862 – May 2, 1934) was the grandson of William Procter, the co founder of Procter Gamble Company. He was notable for creating a profit sharing program for employees, the first in America. He was head of the company from 1907 to 1930. William… …   Wikipedia

  • Cooper — Cooper, Gary Cooper, James Fenimore Cooper, Leon N. * * * (as used in expressions) Cooper Creek, río Cooper Union (for the Advancement of Science and Art) Cooper, Alfred Duff, 1 vizconde Norwich de Aldwick Cooper, Dame Gladys Cooper, Gary Frank… …   Enciclopedia Universal

  • cooper — /kooh peuhr, koop euhr/, n. 1. a person who makes or repairs casks, barrels, etc. v.t. 2. to make or repair (casks, barrels, etc.). 3. to furnish or fix (usually fol. by up). v.i. 4. to work as a cooper. [1350 1400; ME couper < MLG kuper or MD… …   Universalium

  • Cooper — /kooh peuhr, koop euhr/, n. 1. Anthony Ashley. See Shaftesbury, Anthony Ashley Cooper. 2. Hugh Lincoln, 1865 1937, U.S. hydraulic engineer. 3. James Fenimore /fen euh mawr , mohr /, 1789 1851, U.S. novelist. 4. Leon N., born 1930, U.S. physicist …   Universalium

  • William — /wil yeuhm/, n. 1. a word formerly used in communications to represent the letter W. 2. a male given name: from Germanic words meaning will and helmet. * * * (as used in expressions) Huddie William Ledbetter Aberhart William George William… …   Universalium

  • Procter — Gamble Logo de Procter Gamble Co. Création 1837 Fondateur(s) William Procter James Gamble …   Wikipédia en Français

  • Procter & Gamble — Procter Gamble Logo de Procter Gamble Co. Création 1837 Fondateur(s) William Procter James Gamble …   Wikipédia en Français

  • Procter and Gamble — Procter Gamble Logo de Procter Gamble Co. Création 1837 Fondateur(s) William Procter James Gamble …   Wikipédia en Français

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