Special Events :: U.S. Business Hall of Fame

 

Laureate Archive | Alpha Order: V
Theodore N. Vail
AT&T
Theodore N. Vail
(1845 - 1920)
Inducted: 1975
Region: Northeast
Industry: Communications
Theodore Vail, the first president of AT&T, made his fortune in the telephone and mining business. As a young man, he had a hard time finding work that interested him and worked as a Western Union telegraph operator and as the head of the railway mail division. Vail joined the troubled Bell Telephone Co. as general manager. During his tenure, Vail developed a long-distance service by merging and interconnecting local exchanges, set up the Western Electric Company to manufacture telephone equipment, and placed the telephone industry on a sound financial basis.