Sherwood Egbert

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Sherwood Harry Egbert (1920–1969), born Easton, Kittitas County, Washington, July 24, 1920, [1] a former U.S. marine, served as president of the Studebaker-Packard Corporation and Studebaker Corporation from February 1, 1961, [2] to November 24, 1963. [3]

Easton, Washington CDP in Washington, United States

Easton is a census-designated place (CDP) in Kittitas County, Washington, United States. The population was 478 at the 2010 census.

The Studebaker-Packard Corporation was the entity created in 1954 by the purchase of the Studebaker Corporation of South Bend, Indiana, by the Packard Motor Car Company of Detroit, Michigan. While Studebaker was the larger of the two companies, Packard's balance sheet and executive team were stronger than that of the South Bend company.

Contents

History

Egbert joined Studebaker from the McCulloch Motors Corporation with no experience of the automobile industry. [4]

McCulloch Motors Corporation manufacturer of chainsaws

McCulloch Motors Corporation is an American manufacturer of chainsaws and other outdoor power tools. The company was founded in Milwaukee, Wisconsin, in 1943 by Robert Paxton McCulloch as a manufacturer of small two-stroke gasoline engines and introduced its first chainsaw in 1948, the Model 5-49. McCulloch and its brand are owned by Husqvarna.

He replaced former president Harold E. Churchill under a corporate goal of diversification—to get the company out of carmaking and "absorb Studebaker's tax loss credits ($94 million) by merging with prosperous companies". [4] Instead, Egbert took a genuine interest in the cars and moved his home to the Studebaker proving grounds lodge. [5] :p257 He set out to resurrect the auto division's flagging fortunes, encouraged by industry reports of projected sales figures that indicated that there would still be room for a smaller manufacturer.

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He initiated production of the stylish Avanti, based on a Lark chassis and drivetrain with fiberglass bodywork designed by a team headed by Raymond Loewy. The car was in production by the spring of 1962, insufficient lead time for comprehensive assembly and distribution of the many orders soon received. He had hoped to sell 20,000 Avantis that year, but could only build 1200. [5] :p257 To revamp the Studebaker passenger cars, Egbert hired Brooks Stevens "on a minuscule budget", [5] with good results such as the Gran Turismo Hawk, but overall sales continued to be well below the break-even point.

Studebaker Avanti car model

The Studebaker Avanti is a personal luxury coupe manufactured and marketed by Studebaker Corporation between June 1962 and December 1963. The automaker marketed the Avanti as "America's Only 4 Passenger High-Performance Personal Car."

Studebaker Lark car model

The Studebaker Lark is a compact car which was produced by Studebaker from 1959 to 1966.

Chassis internal vehicle frame

A chassis is the framework of an artificial object, which supports the object in its construction and use. An example of a chassis is a vehicle frame, the underpart of a motor vehicle, on which the body is mounted; if the running gear such as wheels and transmission, and sometimes even the driver's seat, are included, then the assembly is described as a rolling chassis.

Disagreements between Egbert and Studebaker's board of directors exacerbated the illness with which he was diagnosed in 1962. Cancer surgeries and lengthy recuperation absence allowed the board to ease him out of office, replacing him as president with Byers A. Burlingame. [5] :p257 He resigned on November 24, 1963. [3] Studebaker closed its U.S. auto manufacturing operations just a month later. Production was moved to the Canadian plant where Studebaker continued building cars until March 1966.

Cancer disease of uncontrolled, unregulated and abnormal cell growth

Cancer is a group of diseases involving abnormal cell growth with the potential to invade or spread to other parts of the body. These contrast with benign tumors, which do not spread to other parts of the body. Possible signs and symptoms include a lump, abnormal bleeding, prolonged cough, unexplained weight loss and a change in bowel movements. While these symptoms may indicate cancer, they may have other causes. Over 100 types of cancers affect humans.

In 1964 Egbert established a management consulting firm in Los Angeles. [3]

Egbert died in Los Angeles in 1969, at the age of 49. [1]

See also

Footnotes

  1. 1 2 Seattle Daily Times, July 31, 1969, Page 38.
  2. Wall Street Journal, December 29, 1960, Page 2.
  3. 1 2 3 Seattle Daily Times, July 12, 1964, Page 96.
  4. 1 2 Business: Sherwood Harry Egbert Profile at Time.com, 21 April 1961.
  5. 1 2 3 4 Hendry, Maurice M. Studebaker: One can do a lot of remembering in South Bend. New Albany: Automobile Quarterly. pp. 228–275. Vol X, 3rd Q, 1972.External link in |publisher= (help)

Further reading

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