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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".
Learn how Charles Ranlett Flint, a financier and businessman, initiated the merger of three data-processing companies in 1911, and how Thomas J. Watson, a visionary leader, transformed it into IBM. Discover how the tabulating machine, invented by Herman Hollerith, became the cornerstone of IBM's history and innovation.
Mar 27, 2024 · Learn how Flint pioneered the corporate trust model in the early 20th century, consolidating firms in rubber, chewing gum and office technology. Discover how his vision shaped IBM, one of the world's leading technology giants.
A founding philosophy. Watson takes THINK to C-T-R and then IBM. When Watson was recruited by Charles Ranlett Flint in 1914 to join the Computing-Tabulating Recording Company, the precursor to IBM, the company had been badly underperforming expectations.
1934 February 26. (d.) 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.
Collection of correspondence and business papers of Charles R. Flint, a financial capitalist and industrial consolidator known as the \"Father of Trusts\". The papers reflect his involvement in various commercial and financial ventures in America, South America, Russia, and China.
Charles Ranlett Flint had already created several successful consolidations, including creating industrial giant U.S. Rubber. Flint amalgamated the four companies into the new CTR holding company. CTR had a bonded indebtedness of $6.5 million, three times its current assets, of which the Guaranty Trust Company had loaned $4 million.
