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Harry McGowan, 1st Baron McGowan

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The Right Honourable
The Lord McGowan
KBE
Chairman - Imperial Chemical Industries
In office
1930–1950
Preceded byAlfred Mond, 1st Baron Melchett
Succeeded byLord Fleck
Personal details
Born(1874-06-03)3 June 1874
Died13 July 1961(1961-07-13) (aged 87)
London
NationalityScottish
SpouseLady Jean Boyle Young
Children
Parents
  • Henry McGowan Esq.
  • Agnes Wilson
Alma mater

Harry Duncan McGowan, 1st Baron McGowan KBE (3 June 1874 – 13 July 1961) LLD DCL, was a prominent Scottish industrialist who served as Chairman of Imperial Chemical Industries for 20 years.

Early life and education

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McGowan was the only son of Henry McGowan Esq. and his wife Agnes (née Wilson). He was educated at Hutchesons' Grammar School, an independent school in Glasgow and Allan Glen's School. He joined the Nobel Explosives Company, the company founded by Alfred Nobel, as an executive officer. In 1918 he became Chairman and Managing Director of Explosives Trade Ltd (from 1920 known as Nobel Industries Ltd), a position he held until the formation of ICI.

Business career

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In 1926 Nobel Industries merged with Brunner Mond, the United Alkali Company and the British Dyestuffs Corporation to form Imperial Chemical Industries (ICI). The merger, orchestrated by Alfred Mond, 1st Baron Melchett and McGowan, created one of the world's largest industrial corporations at the time.[2][3] McGowan succeeded Lord Melchett as Chairman and Managing Director in 1930 and remained Chairman until 1950. McGowan was appointed a KBE in the 1918 Birthday Honours and on 24 February 1937 he was raised to the peerage as Baron McGowan, of Ardeer in the County of Ayr, following the 1937 New Year Honours.[4]

Lord McGowan married Jean, daughter of William Young, in 1903. They had two sons and two daughters. He died in July 1961, aged 87, and was succeeded in the barony by his elder son Harry.

Arms

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Coat of arms of Harry McGowan, 1st Baron McGowan
Crest
A tower Or between two horseshoes Proper.
Escutcheon
Quarterly per saltire Argent and Azure two lions rampant in pale Gules and as many horseshoes in fess Proper
Supporters
Dexter a figure representing St Barbara Proper holding in the exterior hand a tower Or sinister a figure representing St Kentigern Proper holding in the exterior hand his Crozier Or.
Motto
Juncta Juvant (Union Is Strength)[5]
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Although personally far from wealthy by contemporary standards, McGowan's organisation of the purchase of General Motors shares to the value of £5 million by Explosives Trades Ltd., enabled Pierre S. du Pont's financial rescue of the American car manufacturer from bankruptcy; this episode was naively satirised by Neil Munro in his Erchie MacPherson story "Our Mystery Millionaire", first published in the Glasgow Evening News of 17th May 1920.[6]

References

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  1. ^ Burke's Peerage, 1970, p. 1697.
  2. ^ Greenaway, Frank (2004) 'Mond family (per. 1867–1973)', Oxford Dictionary of National Biography, Oxford University Press. [1] Retrieved 9 March 2007.
  3. ^ "Mond, Alfred Moritz". Who's Who. Vol. 59. 1907. p. 1241.
  4. ^ "No. 34375". The London Gazette. 26 February 1937. p. 1324.
  5. ^ Cracroft's Peerage
  6. ^ Munro, Neil, "Our Mystery Millionaire", in Osborne, Brian D. & Armstrong, Ronald (eds.) (2002), Erchie, My Droll Friend, Birlinn Limited, Edinburgh, pp. 501 - 504, ISBN 9781841582023
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Peerage of the United Kingdom
New creation Baron McGowan
1937–1961 		Succeeded by
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