John Gideon Searle Explained

John Gideon Searle
Birth Date:March 18, 1901
Birth Place:Iowa
Death Date:1978
Education:University of Michigan
Occupation:Businessman, philanthropist
Children:Daniel C. Searle
Parents:Claude Howard Searle
Relatives:Gideon Daniel Searle (paternal grandfather)

John Gideon Searle (1901 - 1978) was an American heir, businessman and philanthropist.[1] [2] [3] [4]

Early life

John Gideon Searle was born March 18, 1901, in Iowa.[1] [2] His paternal grandfather was Gideon Daniel Searle, founder of G. D. Searle & Company in 1888.[1] [4] His father, Claude Howard Searle, served as president of the family business after his grandfather's death in 1917.[1] He began working for the family business at the age of fourteen, working every summer through high school and college.[1] He graduated from the University of Michigan with a Bachelor of Science in pharmacy.[1] [4]

Business career

At Searle, he worked as a buyer in 1923, and then was appointed office manager and treasurer.[1] In 1931, he became vice president and general manager of Searle, up until 1966.[1] To remain competitive during the Great Depression, he reduced its product lines and focused on successful products such as Aminophyllin, Metamucil and Dramamine.[1] He also launched the first oral contraceptive drug Enovid in 1957.[2] [3] He moved its headquarters to Skokie, Illinois, in 1942.[4]

In 1966, his son Daniel C. Searle became president of Searle.[1] His other son, William L. Searle, as well as his son-in-law, Wes Dixon, also worked for the company.[4]

Philanthropy

In 1964, he set up the Searle Fund at The Chicago Community Trust.[3] The Searle Family Trust later created the Searle Scholars Program.[3] [4]

He was inducted in the American National Business Hall of Fame.[1] Northwestern University and Yale University have endowed professorships named for him.[5] [6] The John G. Searle Chair at the American Enterprise Institute, named in his honor, is currently held by Michael R. Strain.[7] Assistant professorships named after Searle exist in all departments at the University of Michigan School of Public Health.

Death

He died in 1978.[1] [3]

Notes and References

  1. http://www.anbhf.org/laureates/jsearle.html American National Business Hall of Fame biography
  2. http://www.hbs.edu/leadership/database/leaders/john_g_searle.html Harvard Business School: John G. Searle
  3. http://cct.org/give/meet-our-donors/john-g-searle The Chicago Community Trust biography
  4. http://www.searlescholars.net/go.php?id=7 Searle Scholars Program
  5. http://www.northwestern.edu/newscenter/stories/2009/08/choudharyhonor.html Northwestern University
  6. http://mba.yale.edu/news_events/CMS/Articles/6262.shtml Yale University
  7. https://www.aei.org/scholar/michael-r-strain/ American Enterprise Institute