William M. Batten | |
|---|---|
| Born | June 4, 1909 Parkersburg, West Virginia |
| Died | January 22, 1999 (aged 89) Hilton Head, South Carolina |
| Nationality | American |
| Occupation(s) |
Chairman &
CEO at J. C. Penney Company (1969–1974), Chairman at New York Stock Exchange (1976–1984) |
William M. Batten (1909–1999) was an American businessman. [1] He served as chairman and chief executive officer of the J. C. Penney Company from 1964 to 1974, and as chairman of the New York Stock Exchange from 1976 to 1984. [1] [2] [3]
William Batten was born in Reedy, Roane County, West Virginia on 4 June 1909. [1] He received a Bachelor of Science in Economics from Ohio State University in 1932 and did graduate work at the University of Chicago. [1] [2]
In 1926, he started his career at J. C. Penney as a part-time salesman in his hometown. [2] In 1935, he worked as a full-time salesman in Lansing, Michigan. [2] He introduced the Penney credit card. [1] After serving in the Second World War, he worked in the New York City office of J. C. Penney in 1945. He became vice president in 1953 and a member of the board of directors in 1955. [2] In 1958, he became president and chief executive. [2] He served as chairman from 1964 to 1974. [2]
From 1976 to 1984, he served as chairman of the New York Stock Exchange, taking over from James J. Needham. [3] In this capacity, he oversaw a $70 million renovation of the exchange floor and the installation of electronic equipment that tripled the daily trading capacity to 150 million shares. [2]
He served on the boards of directors of AT&T, Boeing and Texas Instruments. [2] He served as chairman of The Business Council from 1971 to 1972. [4] From 1984 to 1986, he was a visiting fellow at the John F. Kennedy School of Government at Harvard University. [2]
He was married, with two children. [2] He died in Hilton Head, South Carolina on January 22, 1999. [2]
- The Penney idea: Foundation for the continuing growth of the J. C. Penney Company (1967)
- ^ a b c d e Harvard Business School
- ^ a b c d e f g h i j k l Sharon R. King, William M. Batten, Ex-Chief Of Stock Exchange, Dies at 89, The New York Times, January 27, 1999
- ^ a b New York Stock Exchange Past Presidents
- ^ The Business Council, Official website, Background Archived 2016-03-03 at the Wayback Machine
William M. Batten | |
|---|---|
| Born | June 4, 1909 Parkersburg, West Virginia |
| Died | January 22, 1999 (aged 89) Hilton Head, South Carolina |
| Nationality | American |
| Occupation(s) |
Chairman &
CEO at J. C. Penney Company (1969–1974), Chairman at New York Stock Exchange (1976–1984) |
William M. Batten (1909–1999) was an American businessman. [1] He served as chairman and chief executive officer of the J. C. Penney Company from 1964 to 1974, and as chairman of the New York Stock Exchange from 1976 to 1984. [1] [2] [3]
William Batten was born in Reedy, Roane County, West Virginia on 4 June 1909. [1] He received a Bachelor of Science in Economics from Ohio State University in 1932 and did graduate work at the University of Chicago. [1] [2]
In 1926, he started his career at J. C. Penney as a part-time salesman in his hometown. [2] In 1935, he worked as a full-time salesman in Lansing, Michigan. [2] He introduced the Penney credit card. [1] After serving in the Second World War, he worked in the New York City office of J. C. Penney in 1945. He became vice president in 1953 and a member of the board of directors in 1955. [2] In 1958, he became president and chief executive. [2] He served as chairman from 1964 to 1974. [2]
From 1976 to 1984, he served as chairman of the New York Stock Exchange, taking over from James J. Needham. [3] In this capacity, he oversaw a $70 million renovation of the exchange floor and the installation of electronic equipment that tripled the daily trading capacity to 150 million shares. [2]
He served on the boards of directors of AT&T, Boeing and Texas Instruments. [2] He served as chairman of The Business Council from 1971 to 1972. [4] From 1984 to 1986, he was a visiting fellow at the John F. Kennedy School of Government at Harvard University. [2]
He was married, with two children. [2] He died in Hilton Head, South Carolina on January 22, 1999. [2]
- The Penney idea: Foundation for the continuing growth of the J. C. Penney Company (1967)
- ^ a b c d e Harvard Business School
- ^ a b c d e f g h i j k l Sharon R. King, William M. Batten, Ex-Chief Of Stock Exchange, Dies at 89, The New York Times, January 27, 1999
- ^ a b New York Stock Exchange Past Presidents
- ^ The Business Council, Official website, Background Archived 2016-03-03 at the Wayback Machine