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Packard, David,1912–96, American business executive, b. Pueblo, Colo., grad. Stanford (B.A., 1934; M.S., 1939). He and classmate William R. HewlettHewlett, William Redington
, 1913–2001, American engineer and business executive, b. Ann Arbor, Mich., grad. Stanford (B.S. 1934, Engineer 1939), Massachusetts Institute of Technology (M.S. 1936).
..... Click the link for more information. opened a garage-based business, which became (1938) the Hewlett-Packard Co. (HP), the company that gave rise to Silicon ValleySilicon Valley,
an industrial region, approximately 20 mi (32 km) long, in the Santa Clara Valley between Palo Alto and San Jose, mainly in Santa Clara and San Mateo counties, W central Calif., where many computer manufacturing and design companies are located.
..... Click the link for more information. and eventually became a multinational producer of computers, printers, calculators, and other electronic equipment. Like Hewlett, Packard favored an innovative approach to management, eschewing hierarchy, promoting individual creativity, and creating a unique corporate culture. Considered HP's business genius, he was its president (1947–64), CEO (1964–67), and chairman of the board (1964–68, 1972–93). He also served (1968–71) in the Nixon administration as deputy secretary of defense, and founded of the David and Lucile Packard FoundationDavid and Lucile Packard Foundation,
private philanthropic institution that funds nonprofit organizations. It was founded in 1964 by David Packard (1912–96), co-founder of Hewlett-Packard Co., and his wife Lucile (1914–87). Headquartered in Los Altos, Calif.
..... Click the link for more information. .
See his The HP Way (1995, repr. 2006); J. S. Malone, Bill & Dave (2007).