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James A. Farrell
James Augustine Farrell (February 15, 1863 - 1943) was president of US Steel from 1911 to 1932. A major business figure of his era, Farrell expanded US Steel by a factor of five during his Presidency, turning it into America's first billion-dollar company. Farrell was also a champion and early pioneer of export markets, who massively expanded US steel exports to the world with the help of the shipping subsidiary he founded, the Isthmian Steamship Company.
==Early career==
He was born in New Haven, Connecticut on February 15, 1863 to John Guy Farrell and Catherine Whalen.
A classic example of the self-made man, Farrell rose from humble beginnings as a salesman with US Steel and Wire - US Steel's export division - to become the firm's manager by 1899. Under his leadership. US Steel and Wire massively expanded its exports to foreign markets from 200,000 tons per year to 1.5 million tons by 1903.〔(Foreign Traders ), ''Time'' magazine, June 6, 1927.〕
The son of a ship's captain who was lost at sea, Farrell never lost his interest in maritime affairs and in 1910 established the Isthmian Steamship Company, a subsidiary of US Steel. Farrell believed that if US Steel exported using its own ships instead of leasing cargo space from other shipping companies, it could achieve substantial savings. His assessment proved correct and Isthmian became a highly lucrative subsidiary of the parent firm.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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