Brooks McCormick
| Brooks McCormick | |
|---|---|
| Born | February 23, 1917 |
| Died | August 15, 2006 (aged 89) |
| Occupation | Businessman, Art collector |
| Spouse(s) | Hope Baldwin |
| Parent(s) |
Chauncey McCormick Marion Deering |
Brooks McCormick (February 23, 1917 – August 15, 2006) was a member of the American family that ran International Harvester and a noted philanthropist and equestrian. He was the chief executive officer of International Harvester in the 1970s, and was the final member of the McCormick family to lead the company that they had founded.
Born February 23, 1917 in Chicago, Illinois, to the distinguished McCormick family, McCormick was the great-grandnephew of Cyrus McCormick, whose 19th century development of the horse-drawn reaper was the start of a large agricultural machinery business. His father, Chauncey McCormick (1884–1954), was a cousin of Chicago Tribune publisher Robert R. McCormick, and his mother, Marion Deering, was daughter of Charles Deering. Charles' father William Deering had founded the Deering Harvester Company, which merged with the McCormicks' harvester business in 1902 to form the basis for International Harvester. Chauncey and Marion Deering wed in 1914.
Brooks McCormick attended the Groton School in Massachusetts. He graduated from Yale University in 1940 with a degree in English.
McCormick joined International Harvester out of Yale, working for the company from 1940 until retiring in 1980. He was groomed for executive positions his entire career, and he became president and chief operating officer in 1968. He was promoted to be chief executive officer from 1971 until January 1978.
During his tenure, McCormick tried to stem financial losses at International Harvester by selling the company's Wisconsin Steel subsidiary and exiting the money-losing pickup truck manufacturing business.
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