| (1862
- 1934) |
| Inducted: |
1976 |
| Region: |
MidWest |
| Industry: |
Manufacturing
|
|
Cooper Procter joined Procter & Gamble in 1883. The company thrived because of customer loyalty based on the strict ethical standards it employed. Cooper continued this ethical tradition by championing the equitable treatment of his work force. He shortened the workweek to five and half days and established what seems to have been the first profit-sharing plan in a sizable U.S. company. Profit sharing increased employee loyalty during a time when strikes were crippling other companies. Cooper Procter stepped down in 1930 after 23 years as head of the company. |
