Harry McGowan, 1st Baron McGowan
Harry Duncan McGowan, 1st Baron McGowan KBE (3 June 1874 – 13 July 1961) LLD DCL, was a prominent Scottish industrialist who served as Chairman of Imperial Chemical Industries for 20 years.
The Lord McGowan | |
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Chairman - Imperial Chemical Industries | |
In office 1930–1950 | |
Preceded by | Alfred Mond, 1st Baron Melchett |
Succeeded by | Lord Fleck |
Personal details | |
Born | 3 June 1874 |
Died | 13 July 1961 London | (aged 87)
Nationality | Scottish |
Spouse | Lady Jean Boyle Young |
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Parents |
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Alma mater | |
Early life and education
editMcGowan was the only son of Henry McGowan Esq. and his wife Agnes (née Wilson). He was educated at Hutchesons' Grammar School, an independent school in Glasgow and Allan Glen's School. He joined the Nobel Explosives Company, the company founded by Alfred Nobel, as an executive officer. In 1918 he became Chairman and Managing Director of Explosives Trade Ltd (from 1920 known as Nobel Industries Ltd), a position he held until the formation of ICI.
Business career
editIn 1926 Nobel Industries merged with Brunner Mond, the United Alkali Company and the British Dyestuffs Corporation to form Imperial Chemical Industries (ICI). The merger, orchestrated by Alfred Mond, 1st Baron Melchett and McGowan, created one of the world's largest industrial corporations at the time.[2][3] McGowan succeeded Lord Melchett as Chairman and Managing Director in 1930 and remained Chairman until 1950. McGowan was appointed a KBE in the 1918 Birthday Honours and on 24 February 1937 he was raised to the peerage as Baron McGowan, of Ardeer in the County of Ayr, following the 1937 New Year Honours.[4]
Lord McGowan married Jean, daughter of William Young, in 1903. They had two sons and two daughters. He died in July 1961, aged 87, and was succeeded in the barony by his elder son Harry.
Arms
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In literature and popular culture
editAlthough personally far from wealthy by contemporary standards, McGowan's organisation of the purchase of General Motors shares to the value of £5 million by Explosives Trades Ltd., enabled Pierre S. du Pont's financial rescue of the American car manufacturer from bankruptcy; this episode was naively satirised by Neil Munro in his Erchie MacPherson story "Our Mystery Millionaire", first published in the Glasgow Evening News of 17th May 1920.[6]
References
edit- ^ Burke's Peerage, 1970, p. 1697.
- ^ Greenaway, Frank (2004) 'Mond family (per. 1867–1973)', Oxford Dictionary of National Biography, Oxford University Press. [1] Retrieved 9 March 2007.
- ^ "Mond, Alfred Moritz". Who's Who. Vol. 59. 1907. p. 1241.
- ^ "No. 34375". The London Gazette. 26 February 1937. p. 1324.
- ^ Cracroft's Peerage
- ^ Munro, Neil, "Our Mystery Millionaire", in Osborne, Brian D. & Armstrong, Ronald (eds.) (2002), Erchie, My Droll Friend, Birlinn Limited, Edinburgh, pp. 501 - 504, ISBN 9781841582023
- Oxbury, Harold. Great Britons: Twentieth Century Lives. Promotional Reprint Company, 1993.
- Kidd, Charles, Williamson, David (editors). Debrett's Peerage and Baronetage (1990 edition). New York: St Martin's Press, 1990.
- Leigh Rayment's Peerage Pages [self-published source] [better source needed]