Robert W. Woodruff

Woodruff in 1944.

Robert Winship Woodruff (December 6, 1889 – March 7, 1985) was the president of The Coca-Cola Company from 1923 until 1954. With a large net worth, he was also a major philanthropist, and many educational and cultural landmarks in the U.S. city of Atlanta, Georgia, bear his name. Included among these are the Woodruff Arts Center, Woodruff Park, and the Robert W. Woodruff Library.

Early life

Woodruff was born in Columbus, Georgia, the son of Ernest Woodruff, an Atlanta businessman who, among other things, was leader of the group of investors who bought The Coca-Cola Company from Asa Griggs Candler in 1919. His grandfather was Atlanta manufacturing magnate Robert Winship.

After graduating from the Georgia Military Academy he attended Georgia Tech, where he failed out; and then the Emory University campus at Oxford, Georgia, for one term, where he excelled at "cutting classes and spending money".[1]

Family

Woodruff died on March 7, 1985. The Robert W. Woodruff Foundation received funds from their estates and continues Woodruff's legacy of philanthropy in the state of Georgia.[2]

Career

In February 1909, at age 19, spurning his father's work offers, he began work as a laborer at the General Pipe and Foundry Company foundry in Inman Park, Atlanta. For a week he shoveled and shifted sand, then worked a lathe as a machinist's apprentice. After a year he was fired. But then he was rehired by General's parent company, General Fire Extinguisher where he worked his way into sales. He then accepted a job offer from his father at Atlantic Ice and Coal Company but left after differences with him. Woodruff parlayed his love of early automobiling into a sales position at White Motor Company based in Cleveland, Ohio, and quickly rose to become vice president of that company. During World War I, Woodruff joined the U.S. Ordnance Department where he promoted a truck design that only White Motors could fulfill, giving the company huge war-time sales.

In an effort to reconcile personal differences, his father Ernest offered Robert Woodruff the position as president of the Coca Cola Co.

In 1926, at the age of 37, Woodruff built Coca-Cola into an international company, establishing a foreign department.

In 1954, he stepped down as president but remained on the board of directors until 1984. His large shareholding and influence on the board's powerful Finance Committee gave him significant control over much of the company's direction for almost 60 years.

On 7 March 1985, he died and was buried at the Westview Cemetery in Southwest Atlanta.

Woodruff's personal chauffeur was Luther Cain, Jr., father of businessman and 2012 Republican presidential candidate Herman Cain.

Legacy

In 1979, Woodruff and his brother George W. Woodruff gave $105 million to Emory University and would eventually give a total of $230 million. Several buildings on the Emory campus are named for him and members of his family. The Robert W. Woodruff Professorships are named for him.

He also gave large sums of money to other area colleges and universities and to Woodward Academy (formerly Georgia Military Academy) in College Park and the Westminster Schools in Atlanta. A Boy Scout camp in Blairsville, Georgia named the Robert W. Woodruff Scout Reservation, which is run by the Atlanta Area Council, was built following major donations from the Woodruff Foundation and Coca-Cola.[3] Atlanta's largest cultural institution, the Woodruff Arts Center, benefited from his gifts and is named for him, as is Woodruff Park. The Robert W. Woodruff library is located in the Atlanta University Center and services Morehouse College, Spelman College, and Clark Atlanta University.

Mr. Woodruff was inducted into the Junior Achievement U.S. Business Hall of Fame in 1977.

Woodruff was instrumental in making a success the dinner held in Atlanta honoring The Reverend Dr. Martin Luther King Jr. after King received the Nobel Peace Prize in 1964. Ticket sales were lagging until Woodruff signaled his support for the dinner.[4]

References

  1. ↑ Mark Pendergrast, For God, country and Coca-Cola, p.152
  2. ↑ http://www.georgiaencyclopedia.org/articles/business-economy/robert-w-woodruff-1889-1985
  3. ↑ http://www.atlantabsa.org/OpenRosters/View_Homepage.aspx?orgkey=1457
  4. ↑ "Judgment Days: Lyndon Baines Johnson, Martin Luther King, Jr., and the Laws", First Mariner Books, 2006, p. 263

Further reading

Business positions
Preceded by
Ernest Woodruff		 President of The Coca-Cola Company
1923–1954 		Succeeded by
William E. Robinson[1]
  1. ↑ http://archives.chicagotribune.com/1969/06/08/page/42/article/robinson-dies-ex-president-of-coca-cola
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.