Great American Business Leaders of the 20th Century
Henry S. Dennison
Dennison Manufacturing Company
1912–1952
1912–1952
Dennison Manufacturing Company
1912–1952
1912–1952
- Industry: Wood, Paper & Forestry
- Era: 1910
In 1916, Dennison Manufacturing established the first employer-initiated unemployment insurance system in the United States. Dennison also initiated a program to end absentee stockholder control over company policy, called the “Management Industrial Partner” program, in which absentee stockholders were issued preferred (non-voting) stock, and working managers controlled voting stock. From 1917 to 1951, Dennison Manufacturing’s sales increased from $3.5 million to over $37 million.
Personal
- Born-Died: 1877–1952
- Birthplace: Massachusetts
- Race: White
- Gender: Male
- Father: Head, Same Company
Education / Military
- Undergraduate: Harvard University