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Packard, David

Born: 1912 AD
Died: 1996 AD
Nationality: American
Categories: Businessmen, Founder

1912 – David Packard, born on the 7th of September in Pueblo, Colorado. He was a cofounder of Hewlett-Packard.

1934 – He received his B.A. from Stanford University.

1938 – He returned from New York to Stanford.

1939 – He received a master’s in electrical engineering and he married Lucile Salter with whom he had four children: David, Nancy, Susan, and Julie.

       – He and William Hewlett established their firm in his garage with an initial capital investment of $538.

1947 – 1964 – Served as Hewlett-Packard’s president.

1964 – 1968 – Served as chief executive officer.

1964 – The couple founded the David and Lucile Packard Foundation.

1969 – President Richard M. Nixon appointed him U.S. Deputy Secretary of Defense under Secretary of Defense Melvin Laird.

1972 – 1993 – Served as chairman of the board.

1982 – For his philanthropic efforts, he was awarded the United States Military Academy’s Sylvanus Thayer Award.

1987 – Gave $13 million to create the Monterey Bay Aquarium Research Institute, and the Packard Foundation has since provided about 90% of the institute’s operating budget.

1991 – They donated $40 million towards building what became the Lucile Salter Packard Children’s Hospital at Stanford University; the new hospital opened in June.

1996 – Died on the 26th of March in Stanford, California.