David Packard (1912-1996) co-founded Hewlett-Packard Company in 1939 out of his garage with an initial $538 investment. He met his co-founder William Hewlett while studying electrical engineering at Stanford University. Under Packard and Hewlett's leadership, HP grew into the world's largest producer of electronic testing and measurement devices as well as calculators, computers, and printers. Packard also served as U.S. Deputy Secretary of Defense from 1969-1971 under President Richard Nixon, bringing private sector management concepts to the Defense Department.

1. Presented To:
Sir Asif Tanveer
Presented By:
Syed Muhammad Maaz Aqeel
275 BBA (Hons.) R-2 8th

2. PRESENTATION ON:
DAVID PACKARD

3. David Packard (1912-1996) was the co-founder and a
longtime executive officer of Hewlett-Packard
Company, a leading manufacturer of electronic
measuring devices, calculators, and computers. He
also served as deputy secretary of defense under
President Richard Nixon and was a major benefactor
to many philanthropic organizations.

4. EARLY LIFE:
 David Packard was born September 7, 1912, in Pueblo,
Colorado, the son of a lawyer and a high school teacher.
 He attended Centennial High School, where early on he
showed an interest in science, engineering, sports, and
leadership.
 After graduating from his local public high school, Packard
enrolled as an electrical engineering student at Stanford
University in California.
 There he met William Hewlett, a fellow student who
shared his interest in electronics and the out-of-doors.
 In college he was a varsity athlete and president of his
fraternity. He received a B.A. with honors in 1934.

5. EARLY CAREER:
 Packard went to Schenectady, New York, to work in the
vacuum tube engineering department of General Electric
Company.
 He returned to Stanford in 1938 to study the theory of the
vacuum tube.
 That year he also married Lucile Salter of San Francisco,
whom he had met at Stanford.

6. HEWLETT – PACKARD:
 In 1939, Packard and Hewlett established Hewlett-
Packard (HP) in Packard's garage with an initial capital
investment of $538.
 Packard mentions in his book The HP Way that the name
Hewlett-Packard was determined by the flip of a coin: HP,
rather than PH.
 Packard won the coin toss but named their electronics
manufacturing company as “Hewlett-Packard company”.
 Their first product was an audio frequency oscillator sold
to Walt Disney Studios for use on the soundtrack
of Fantasia.

7.  The company, where Packard proved to be an
expert administrator and Hewlett provided many
technical innovations, grew into the world's largest
producer of electronic testing and measurement
devices.
 It also became a major producer
of calculators, computers, and laser and ink jet
printers.

8. DEFENSE DEPARTMENT:
 Upon entering office in 1969, President Richard M.
Nixon appointed Packard U.S. Deputy Secretary of
Defense under Secretary of Defense Melvin Laird.
 Packard resigned in December 1971 and returned to
Hewlett-Packard in 1972 as Chairman of the Board.
 While serving in the Department of Defense, he brought
concepts of resource management used in business to the
military, as well as establishing the Defense Systems
Management College.