Charles M. Schwab
Though Bethlehem was originally spun off from U.S. Steel, Schwab positioned the company to become a major competitor of its former parent. Under Schwab’s leadership, Bethlehem was a large supplier for Allied Forces in World War I, filling orders to the tune of $500 million throughout the conflict. Schwab’s other achievements include the establishment of a profit sharing plan for Bethlehem employees and the creation of a unique leadership hierarchy that afforded lower managers much independence and greater pay.