Francis B. Davis Jr.
In 1928, United States Rubber lost $10 million due to the collapse of the world crude rubber market. Taking over the helm in 1929, Davis reorganized the company, putting in place a multi-divisional organizational structure. Davis reduced the company’s debt by $40 million in five years, and in 1935, United States Rubber gained a profit of $2 million. Davis introduced Kaylon, a foam rubber cushion material, in 1934, and in 1938, Davis developed a rayon cord to be used in tire production.