Horace Hagedorn
Horace Hagedorn | |
---|---|
Born | March 18, 1915 |
Died | January 31, 2005 Sands Point, New York, US | (aged 89)
Education | University of Pennsylvania |
Occupation(s) | Advertising executive, businessman, philanthropist |
Years active | 1936–1997 |
Known for | Co-Founder of the Miracle-Gro brand |
Spouses |
|
Children | 6 |
Horace Hagedorn (1915 – 2005[1]) was an advertising executive, businessman and philanthropist, who was co-founder of the Miracle-Gro brand, with Otto Stern. He eventually bought out the 50% interest held by Stern.
Biography and career
[edit]Horace Hagedorn was born on March 18, 1915, in Manhattan, New York. He obtained a degree from the University of Pennsylvania in business, later selling radio advertising.[1]
Miracle-Gro, a water-soluble fertilizer, was developed after Hagedorn met nurseryman Otto Stern and learned of Stern's troubles shipping plants in 1944.[1][2][3] The pair hired O. Wesley Davidson, a Rutgers University professor to develop the fertilizer.[1] Hagedorn used royalties from producing a crime-drama "The Big Story" to fund the company.[2] In 1950, the company was formed after his wife Peggy named the product.[1][4] He is largely credited with the success of the company due to the nature of his effective marketing – employing advertisements in differing medias and working with emerging hardware chains.[1] Hagedorn, however, credits being at the right place at the right time for the success of the company. In 1963, he became the company's first full time salesman.[2] In 1995, the company merged with Scotts for $200 million in stock, with Hagedorn as the majority investor. The merger created the world's largest maker of lawn and garden products.[1][5] He retired from Miracle-Gro in 1997.[6]
Prior to moving to Sands Point, New York, Hagedorn lived in Flower Hill, New York and Plandome Manor, New York.[7][8][9][10][11]
In later life, Hagedorn donated large sums of money to various charities, particularly those dealing with children.[1][12] In 2000, he gave $45 million to the Long Island Community Foundation, funded a cleft palate clinic at North Shore University Hospital, and underwrote the Miracle-Gro Kids program.[13]
Death and legacy
[edit]Hagedorn died on January 31, 2005, in Sands Point, New York, of pulmonary fibrosis.[1] His second wife, Amy, founded the Hagedorn Foundation in 2005.[14]
The School of Business at Adelphi University and the School of Education at Hofstra University are both named after him; both their buildings are named Hagedorn Hall.[1]
References
[edit]- ^ a b c d e f g h i j Martin, Douglas (2005-02-01). "Horace Hagedorn, 89, Marketing Genius Behind Miracle-Gro, Dies". The New York Times. ISSN 0362-4331. Retrieved 2020-05-08.
- ^ a b c Weber, Sandra (1993-07-25). "Long Island Q&A;: Horace Hagedorn; A Small Company's Nuts-and-Bolts Approach, and Voila! (Published 1993)". The New York Times. ISSN 0362-4331. Retrieved 2020-11-18.
- ^ Weber, Sandra (1993-07-25). "Long Island Q&A;: Horace Hagedorn; A Small Company's Nuts-and-Bolts Approach, and Voila! (Published 1993)". The New York Times. ISSN 0362-4331. Retrieved 2020-11-19.
- ^ Perrone, Stephanie (2018-05-16). "The Sands Point Man Who Planted Miracle-Gro". LI Press. Retrieved 2020-05-08.
- ^ Ringer, Richard (1995-01-27). "COMPANY NEWS; Scotts Sets Merger Deal With Stern's (Published 1995)". The New York Times. ISSN 0362-4331. Retrieved 2020-11-19.
- ^ Fischler, Marcelle S. (2006-01-01). "The Legacies They Left (Published 2006)". The New York Times. ISSN 0362-4331. Retrieved 2020-11-19.
- ^ "Collection Guide". Local History Center. 2016-02-19. Retrieved 2024-04-02.
- ^ "LandRecord Lookup". lrv.nassaucountyny.gov. Retrieved 2020-12-18.
- ^ "Section 3, Block 139-01". Property Records, Section 3, Block 139-01. Nassau County, New York.
- ^ The Long Island Forum Fall 2002: Vol 65 Iss 4. Friends for Long Island's Heritage. Fall 2002.
- ^ "Estate Home Furnished at Auctions: Houses We Live In". Newsday. February 23, 1968. pp. 3B – via ProQuest.
- ^ Fischler, Marcelle S. (2006-01-01). "The Legacies They Left (Published 2006)". The New York Times. ISSN 0362-4331. Retrieved 2020-11-19.
- ^ Fischler, Marcelle S. (2000-11-12). "What a Little Miracle-Gro Will Do (Published 2000)". The New York Times. ISSN 0362-4331. Retrieved 2020-11-19.
- ^ "Retrospective | Hagedorn Foundation". hagedornfoundation.org. Retrieved 2020-11-19.
External links
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