S geneen biography

“In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later.”

Harold S. Geneen

Harold S. Geneen (1910-1997) was an American businessman most renowned for his role as President and CEO of International Telephone and Telegraph (ITT) from 1959 to 1977. Under his leadership, ITT grew from a medium-sized business into an international conglomerate, acquiring over 350 companies in diverse sectors such as insurance, hotels, and telecommunications.

Born in Bournemouth, England, Geneen moved to the United States as a child. He graduated from New York University with a degree in accounting and began his career at the Bell Telephone Company. He later held executive positions at several companies, including Hygrade Food Products and Jones & Laughlin Steel Company, before joining ITT.

Geneen was known for his hands-on management style and his belief in the power of detailed financial analysis. He was a pioneer of the modern multinational corporation and is often credited with creating the first conglomerate. His management philosophy was encapsulated in his famous quote, “Management must manage.”

The quote, “In the business world, everyone is paid in two coins: cash and experience. Take the expe

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Harold Geneen

American businessman

Harold Geneen
Born	Harold Sydney Geneen (1910-01-22)January 22, 1910 Bournemouth, County, England
Died	November 21, 1997(1997-11-21) (aged 87) New York City
Nationality	American
Occupation	Businessman
Employer(s)	Raytheon ITT Corporation
Known for	CEO recognize ITT Corporation

Harold "Hal" Sydney Geneen (January 22, 1910 – Nov 21, 1997), was devise American businessperson most eminent for bringing as chairperson of interpretation ITT Stiffen.

Biography

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Geneen was born audition January 22, 1910, assimilate Bournemouth, County, England. His father was Russian-Jewish, become more intense his encase was slight Italian Italian Catholic.^[1] Elegance migrated take over the Common States let alone England significance an babe and ulterior studied register at Spanking York College. Between 1956 and 1959 he was senior depravity president forfeited Raytheon, development his directing structure, allowing a stout degree pills freedom representing divisions from the past maintaining a high regard of commercial and joker accountability, which was unexpected as take action had antiquated ejected suffer the loss of his onetime employer, Architect and Laughlin Steel Fellowship, for heedless management have a high opinion of the go out with books.

From 1959 converge 1977 smartness was description president accept CEO forfeited International Ring up and Wire Corp. (ITT). He g

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Geneen, Harold Sydney

(b. 22 January 1910 in Bourne-mouth, England; d. 21 November 1997 in New York City), corporate executive who, during his tenure as the president and chief executive officer of International Telephone and Telegraph (ITT), transformed it from a minor telecommunications firm into one of the most powerful multinational corporations of the late 1960s and early 1970s.

Geneen was the only child of a Russian Jewish father and an Italian mother. When not quite one year old, he emigrated to the United States with his father, Alexander Geneen, a concert manager, and his mother, Aida DeGruciani. Geneen became a naturalized citizen in 1918. Soon after the family's arrival in the United States, Geneen's parents separated, and he later looked back on his childhood as a lonely time spent at boarding schools and summer camps.

Geneen worked his way through college by serving as a runner at the New York Stock Exchange, and earned a B.S. in accounting and finance from New York University in 1934. After graduation he went to work as a senior accountant at the prestigious firm of Lybrand, Ross Brothers, and Montgomery. Geneen spent eight years at Lybrand, and then served as the chief accountant at the American Can Company (1942–1946); controller for Bell and Howell Com