Charles Williams Nash
American businessman (1864–1948)
Charles Williams Nash (28 January 1864 – 6 June 1948) was an American automobile entrepreneur who served as an executive in the automotive industry. He played a significant role in building up General Motors as its fifth president.2
From Wikipedia’s article on Charles Williams Nash (this version), CC BY-SA 4.0.
Born Jan 28, 1864, died Jun 6, 1948.1
About
In 1916, he bought the Thomas B. Jeffery Company, makers of the popular Rambler automobile, and renamed it Nash Motors. The resulting firm played an independent role in an automobile industry increasingly dominated by the Big Three: General Motors, Ford, and Chrysler.
Nash's profits came from focusing on one well-designed car in the upper-medium price range. He bought several distressed companies in Wisconsin, merging them and installing advanced managerial accounting procedures while cutting costs and focusing on long-term growth. He retired as president in 1932, but remained chairman of the board. He facilitated the merger in 1937 with Kelvinator, a refrigerator, home appliance, and commercial refrigeration manufacturer.
From Wikipedia’s article on Charles Williams Nash, shared under CC BY-SA 4.0.2
Companies
- Nash MotorsFounder8
Early life and education
Nash was born to a poor farming family in Cortland, Illinois, on what is now Route 38 — Lincoln Highway. His mother was Anna E. "Annie" Cadwell (1829–1909), who married David L. Nash. Other Nash siblings included Mazovia (b. 1862), George C. (b. 1866), and Laura W. (b. 1868).
Charles' parents separated when he was six years old and abandoned him. As a result of a court order, he worked as a farmhand in Michigan as an indentured servant under an agreement that was to last until he was 21. Nash had only three months of schooling per year while he was "bound out" to perform farm chores.
At age 12, Nash ran away and became a farmhand, first in Grand Blanc, Michigan, for $8 per month, then for Alexander McFarland in Mount Morris, Michigan, for $12 per month. On McFarland's farm, he learned the carpentry trade from John Shelben and formed the "Adams & Nash" concern to press hay.
While pressing hay on the Halleck farm, he met his future wife, Jessie Halleck, and married her on April 23, 1884. They moved to Flint, Michigan, due to Jessie's poor health. In 1890, Nash was hired by William C. Durant of the Flint Road Cart Company, which later became the Durant-Dort Carriage Company.
From Wikipedia’s article on Charles Williams Nash (this version), CC BY-SA 4.0.
Career
Occupation: entrepreneur.4
- Date not recordedFounded Nash Motors3
Personal life
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 2WikipediaCharles Williams Nash on Wikipedia
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- 8WikidataNash Motors, Founder