Age, Biography and Wiki

Neil H. McElroy (Neil Hosler McElroy) was born on 30 October, 1904 in Berea, Ohio, U.S., is a businessman. Discover Neil H. McElroy's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 68 years old?

Popular As Neil Hosler McElroy
Occupation N/A
Age 68 years old
Zodiac Sign Scorpio
Born 30 October, 1904
Birthday 30 October
Birthplace Berea, Ohio, U.S.
Date of death (1972-11-30)
Died Place Cincinnati, Ohio, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 30 October. He is a member of famous businessman with the age 68 years old group.

Neil H. McElroy Height, Weight & Measurements

At 68 years old, Neil H. McElroy height not available right now. We will update Neil H. McElroy's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
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Who Is Neil H. McElroy's Wife?

His wife is Camilla F. McElroy

Family
Parents Not Available
Wife Camilla F. McElroy
Sibling Not Available
Children Not Available

Neil H. McElroy Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Neil H. McElroy worth at the age of 68 years old? Neil H. McElroy’s income source is mostly from being a successful businessman. He is from United States. We have estimated Neil H. McElroy's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

1972

McElroy died of cancer on November 30, 1972, in Cincinnati at the age of 68. He was survived by his wife Camilla; children Nancy, Barbara, and Malcolm; and nine grandchildren.

1959

McElroy shared some responsibility for the missile gap controversy. When asked whether the United States was behind the Russians in the satellite and missile fields, he responded affirmatively. Later he qualified his statement by noting that while the Soviet Union was ahead in satellites, it was not necessarily ahead in missiles, and he repeatedly pointed out that U.S. IRBMs deployed overseas were just as much a threat to the Soviet Union as Soviet ICBMs deployed in Russia were to the United States. But charges of a missile gap persisted. When he left office in December 1959 McElroy stated that the two nations had about the same number of ICBMs, but that if the USSR built missiles up to its capacity and the United States built those it planned to build, the Soviet Union would probably have more missiles than the United States during the 1961-63 period. The missile gap debate lasted throughout the rest of Eisenhower's term and became a prominent issue in the presidential campaign of 1960.

When McElroy acceded to Eisenhower's request in 1957 that he become secretary of defense, he limited his availability to about two years. Although there was criticism that the secretary was leaving just as he had learned the job, McElroy confirmed early in 1959 that he would resign before the end of the year. Speculation that Deputy Secretary of Defense Donald A. Quarles would succeed him ended with Quarles's death in May 1959. Secretary of the Navy Thomas S. Gates, Jr., succeeded Quarles, and when McElroy's resignation became effective on December 1, 1959, Gates replaced him. Actually, McElroy served longer as secretary of defense than any of his predecessors except Wilson. That same day, President Eisenhower presented McElroy with the Medal of Freedom. After leaving the Pentagon, he returned to Procter & Gamble and became chairman of the board.

1958

Without waiting for completion of final tests and evaluations, McElroy ordered the Air Force Thor and Army Jupiter IRBMs into production and planned to begin their deployment in the United Kingdom before the end of 1958 and on the European continent shortly thereafter. McElroy also ordered accelerated development of the Navy solid-fuel Polaris IRBM and the Air Force liquid-fuel Atlas and Titan ICBMs. In February 1958, he authorized the Air Force to begin development of the Minuteman, a solid-fuel ICBM to be deployed in hardened underground silos, with operational status expected in the early 1960s.

In some measure the Soviet sputniks may have hastened the landmark Defense Reorganization Act of 1958. Although President Eisenhower provided strong leadership in achieving the necessary legislation, McElroy was instrumental in seeing it through. The Defense Reorganization Act of 1958 significantly influenced the evolution of DoD organization and the role of the secretary. McElroy considered the most important aspects of the 1958 reorganization to be the replacement of service executive agents by the JCS in directing the unified commands and the creation of a strong director of defense research and engineering including the Advanced Research Projects Agency headed by Roy Johnson, a vice-president of General Electric.

As always, the budget greatly influenced the shaping of Department of Defense plans and programs. Although the Eisenhower administration maintained a determined interest in controlling expenditures and balancing the budget, McElroy did not place economy above preparedness. A strong supporter of military assistance, he argued effectively for continued congressional and public support for the program. "Military Assistance," he said, "is to the defense of our Country as fire prevention is to fire fighting. You can have the best, most modern sprinkling system in your factory but it will be useless if you don't take steps to prevent fires from getting out of control before they reach your plant." Nonetheless, he presided over a budget that remained stringent. In spite of public concern about preparedness in the wake of the Russian Sputnik and pressures from Democratic critics to spend more money, the Eisenhower administration did not panic. While it shifted some expenditure priorities, especially toward missile development, production, and deployment, it did not support a drastic increase in the defense budget. The president and Secretary McElroy contended that the budget was adequate to insure the nation's security. For the McElroy period, the Defense Department's total obligational authority by fiscal year was as follows: 1958, $41.1 billion; 1959, $42.1 billion; and 1960, $40.2 billion.

1957

On October 4, 1957, just four days before Defense Secretary Charles E. Wilson left office, the Soviet Union launched into orbit the world's first satellite (Sputnik I), suggesting that the Soviets were ahead of the United States in missile development. This event, which raised important questions about the U.S. defense program, served as a backdrop to the swearing in, on October 9, 1957, of McElroy as Secretary of Defense. Although a well-known businessman, McElroy's only experience in the federal government prior to 1957 had been as chairman of the White House Conference on Education in 1955–56. Given his background in the industry, and given President Eisenhower's predominance in defense matters, McElroy's appointment was not unusual. He spelled out his mandate the day he assumed office: "I conceive the role of the Secretary of Defense to be that of captain of President Eisenhower's defense team."

1931

McElroy returned to Cincinnati to work in the advertising department of the Procter & Gamble Company. In 1931, as a junior executive managing the advertising campaign for P&G's Camay brand of soap, McElroy wrote what became a famous three-page company memo that laid out the principles of modern brand management. In the memo, McElroy argued that companies should assign a separate marketing team to each individual product brand, as if it were a separate business. This innovative system of brand management would eventually be adopted by consumer product companies all throughout the U.S. He advanced rapidly up the managerial ladder, subsequently becoming company president in 1948.

1925

Born in Berea, Ohio, to school-teacher parents, McElroy grew up in the Cincinnati area. He received a bachelor's degree in economics from Harvard in 1925.

1904

Neil Hosler McElroy (October 30, 1904 – November 30, 1972) was United States Secretary of Defense from 1957 to 1959 under President Eisenhower. He had been president of Procter & Gamble.