 | |
| Company type | Partnership |
|---|---|
| Industry | Marketing |
| Founded | 1943 |
| Headquarters | New York City |
Key people | Rick Wise, (CEO) |
| Parent | Oliver Wyman Group |
| Website | lippincott |
Lippincott is an American brand strategy and design company. Based in New York, it is part of the Oliver Wyman Group, a business unit of Marsh & McLennan Companies.
Lippincott was founded in 1943 as Dohner & Lippincott by Donald R. Dohner and J. Gordon Lippincott, who taught together at Pratt Institute in Brooklyn, NY. After Dohner's sudden death in December of that year, the name was changed to J. Gordon Lippincott & Associates. In the late 1940s, Lippincott joined forces with Walter P. Margulies, and the firm was renamed Lippincott & Margulies. [1]
The company's early design work included the Campbell Soup Company's red-and-white can, the FTD Mercury logo, the Betty Crocker spoon, the G on General Mills products, and adaptations of the Coca-Cola logo. [2] In 1947, automobile designer Preston Tucker hired J. Gordon Lippincott & Associates to replace automotive designer Alex Tremulis in the body development of the 1948 Tucker Sedan.[ citation needed ] The Lippincott team designed a new front end and modified the rear end of the car to match the side panels and roof previously developed by Tremulis.
By the early 1960s, Lippincott & Margulies had moved into emphasizing marketing and corporate image. It was J. Gordon Lippincott who first coined the term "corporate identity", and the firm pioneered the linking of name, logo, advertising and packaging into an integrated and uniform marketing tool. Lippincott & Margulies designed many of the world's most familiar corporate logos, including those of S.C. Johnson, Chrysler, Eastern Air Lines, Del Monte, RCA, MGM, American Express, Amtrak, Pizza Hut, Red Lobster, Baskin-Robbins, Infiniti, and Nokia.
Lippincott & Margulies was acquired in 1986 by Marsh & McLennan, an insurance conglomerate expanding its focus into management consulting. [3] Lippincott & Margulies soon began working with another Marsh & McLennan property, Mercer Management Consulting; both shared some of the same corporate clients. In January 2003, Lippincott & Margulies was merged into Mercer as a division called Lippincott Mercer; this combined name was used until 2007, when the unit became known as simply Lippincott. [4]
The Tucker 48, commonly but incorrectly referred to as the Tucker Torpedo, was an automobile conceived by Preston Tucker while in Ypsilanti, Michigan and briefly produced in Chicago, Illinois in 1948. Only 51 cars were made including their prototype before the company was forced to declare bankruptcy and cease all operations on March 3, 1949, due to negative publicity initiated by the news media, a Securities and Exchange Commission investigation, and a heavily publicized stock fraud trial. Tucker suspected that the Big Three automakers and Michigan Senator Homer S. Ferguson had a role in the Tucker Corporation's demise.
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