J. Hugh Liedtke | |
Birth Date: | February 10, 1922 |
Birth Place: | Tulsa, Oklahoma, U.S. |
Death Date: | March 28, 2003 |
Death Place: | Houston, Texas, U.S. |
Occupation: | Businessman |
Relatives: | Bill Liedtke (brother) |
John Hugh Liedtke (February 10, 1922 – March 28, 2003) was an American petroleum executive.
John Hugh Liedtke was born on February 10, 1922, in Tulsa, Oklahoma.[1] [2] During World War II, he served in the United States Armed Forces.[2] Liedtke graduated from Amherst College in three years with a bachelor's degree, Harvard Business School with an MBA, and University of Texas School of Law.[2] [3]
Liedtke moved to Midland, Texas, then opened a law practice with his brother, William, in 1949.[2]
With the future President of the United States George H. W. Bush, the two brothers co-founded the Zapata Corporation in 1953.[4] In the 1960s the Liedtke brothers acquired control of the South Penn Oil Company and merged it with Zapata to form a new company they called Pennzoil.[5] In the 1980s, during his time as CEO of Pennzoil, he led the company to a court victory over Texaco.[6]
Liedtke died on March 28, 2003, in Houston, Texas.[6]