Robert Townsend (author)

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This article is about the American author and businessman. For other people with similar names, see Robert Townsend.
Robert Townsend
Born 1920
Washington DC, USA
Died January 12, 1998(1998-01-12)
Anguilla
Education A.B., Princeton '42
Occupation author, businessman

Robert C. Townsend (1920–1998) was an American business executive and author who is noted for transforming Avis into a rental car giant. He was born in Washington, D.C. in 1920. His parents moved to Great Neck, New York where he spent his childhood. After high school, he was accepted to Princeton, graduating in 1942. After graduating college, he was commissioned as an officer in the United States Navy, serving for the remainder of World War II.

After the war, he was hired by American Express in 1948. By the time he left the company, he was the senior vice president for investment and international banking. In 1962, Lazard Freres bought Avis, a struggling auto rental company that had never made a profit in its existence. One of the partners, André Meyer, convinced Townsend to leave American Express and become CEO of Avis. Under his direction as president and chairman, the firm became a credible force in the industry, fueled by the “We Try Harder” advertising campaign (1962–65). Avis also began to have profits, which Townsend credited to Theory Y governance. In 1965, ITT acquired Avis, leading to his departure as president. After leaving Avis, he became a senior partner of Congressional Monitor (1969). He wrote the widely acclaimed essay on business management "Up the Organization",[1] which spent 28 weeks on the New York Times bestseller list upon its publication in 1970.[2]

In 1990, Townsend had to have triple bypass surgery. During the late 1990s, he was the chairman of the executive committee of Leadership Directories, Inc. On January 12, 1998, he was vacationing in Anguilla. While telling a fishing story on a ketch, he had a massive heart attack leading to his death.[3][4]

Personal life[edit]

Townsend was married to Joan Tours. He had two daughters, Jill [3] (b. 1945) and Joan, as well as two sons, Jeffrey and Robert Jr. [5]

References[edit]

  1. ^ Townsend, Robert L. (1970). Up the Organization; How to Stop the Corporation from Stifling People and Strangling Profits. New York: Alfred A. Knopf. p. 188. 
  2. ^ "Robert Townsend". Retrieved 2008-11-07. 
  3. ^ a b Pace, Eric (1998-01-14). "Robert Townsend, 77, Dies; Wrote 'Up the Organization'". The New York Times. Retrieved 2008-11-07. 
  4. ^ "Executive, Author Robert Townsend Dies". Retrieved 2008-11-07. 
  5. ^ The New York Times biographical service, Volume 29, 1998 Online, first result

Sources[edit]

(1) http://www.rileycom.co.uk/rileycom%5Cdata%5Cdocument.nsf/ID/68DC5461AC564A18802569D10042398D?OpenDocument
(2) http://query.nytimes.com/gst/fullpage.html?res=9B0CE6DD1039F937A25752C0A96E958260
(3) http://www.businessweek.com/careers/managementiq/archives/2007/05/paging_robert_t.html
(4) http://www.scu.edu/ethics/practicing/focusareas/business/ethics-human-resources.html