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Charles Ranlett Flint (January 24, 1850 – February 26, 1934) was the founder of the Computing-Tabulating-Recording Company which later became IBM. For his financial dealings, he earned the moniker "Father of Trusts".
In June of 1911, a financier and businessman named Charles Ranlett Flint put the finishing touches on a fateful merger. The new business, which consolidated the Hollerith Tabulating Machine Company with two other market-leading purveyors of data-processing technologies, was called the Computing-Tabulating-Recording Company; later, it would ...
Mar 27, 2024 · The American industrialist Charles Ranlett Flint pioneered the corporate "trust" model at the turn of the 20th century, orchestrating sweeping consolidations across shipping, rubber, chewing gum and office technology firms.
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Charles Ranlett Flint (1850-1934), financial capitalist, merchant and industrial consolidator was born in Thomaston, Maine, the son of Benjamin Chapman, a shipbuilder and operator, and Sarah Tobey Flint.
Charles Ranlett Flint (January 24, 1850 – February 26, 1934) was the founder of the Computing-Tabulating-Recording Company which later became IBM. For his financial dealings, he earned the moniker "Father of Trusts".
Bio/Description. In 1868, Charles Flint graduated from the Polytechnic Institute in Brooklyn, and in 1871 entered the shipping business as a partner in Gilchrest, Flint & Co., and later W.R. Grace & Co. after a merger. From 1876 to 1879, he served as the Chilean consul at New York City.
In 1911, the financier and noted trust organizer Charles R. Flint, called the "Father of Trusts", amalgamated (via stock acquisition) four companies: Bundy Manufacturing Company, International Time Recording Company, the Tabulating Machine Company, and the Computing Scale Company of America; creating a fifth company – the Computing-Tabulating ...
