Vincent L. Gregory, Jr.
The information listed below is current as of the date the transcript was finalized.
Interview Details
Interview Sessions
Abstract of Interview
Vincent L. Gregory begins this interview with a description of growing up in a family of nine during the Depression. While deciding between entering the priesthood and a business career, Gregory opted to study economics at Princeton University. He finished a year at Princeton before enlisting in the US Army Air Force at the start of World War II, and served as a fighter pilot in Europe during the war. After the war, Gregory simultaneously gained both a Bachelor's degree at Princeton University and a Master's degree at Harvard University. Then in 1949, he began his career at the Rohm and Haas Company by conducting internal auditing in three plants. After three years, Gregory was transferred to France to start up the first Rohm and Haas plant outside the United States. He then ran Rohm and Haas' agricultural-chemical operations in England before becoming Director of European Operations. Under his leadership, Rohm and Haas-Europe's share of total company profits increased from one to thirty percent, building on postwar conditions and Rohm and Haas' quality products and customer service. Gregory then returned to the United States to head operations in Latin America and the Pacific. In 1970, F. Otto Haas chose Gregory as the first non-family president of Rohm and Haas. Gregory instituted such changes as a ten percent across-the-board downsizing, adding board directors from outside Rohm and Haas, and revamping the company's management system. The oil crisis, along with DuPont Lycra's increasing market share in polyesters, led to Gregory's decision to withdraw Rohm and Haas' stretch fabric, Anim-8, from the market. Gregory then focused the company's product lines on polymers, plastics, and agricultural chemicals. Additionally, he tightened the company's environmental controls when bis-chloromethyl ether was discovered to cause cancer in rats and participated in hearings leading to the passage of the Toxic Substance Control Act (TSCA). Gregory's support of R&D led to the development of Vacor, which was later taken off the market, and Blazer. Here, Gregory discusses the CEO's role in supporting R&D, his views on teamwork, and the future of innovation in the chemical industry. He ends the interview by describing his work with the Chemical Industry Institute of Toxicology (CIIT) and the Center for Cancer Prevention at Harvard University.
Education
Year | Institution | Degree | Discipline |
---|---|---|---|
1949 | Princeton University | BA | Economics |
1949 | Harvard University | MBA |
Professional Experience
US Army
Rohm and Haas
Honors
Year(s) | Award |
---|---|
1984 | Public Service Award, Harvard School of Public Health |
1988 | Chemical Industry Medal, Society of Chemical Industry (American Section) |
1989 | Alumni Achievement Award, Harvard Business School |
Table of Contents
Depression years in large family. High school career as class president and valedictorian. Decision to go to Princeton. Outbreak of World War II.
Fighter pilot with US Army Air Force in Europe. Parachute made into bridal gown for wife-to-be.
Simultaneous pursuit of B.A. at Princeton University and MBA at Harvard University Business School. Decision to work with Rohm and Haas Company. First job in plant accounting supervisors group. Mr. Otto Haas' dominance of Rohm and Haas and designation of successor, F. Otto Haas.
Transfer to France to build first Rohm and Haas plant in Europe. Managing European operations through branch in England. Promotion to directorship of European operations: growth from one to thirty percent of company's business. Market for Rohm and Haas products. Relationship with US management. Competition with other US firms. Joint product development work with Maag Company in Switzerland. Promotion to operations head of Latin America and the Pacific.
Selection as next president and CEO by F. Otto Haas. Decision to downsize company by ten percent and bring in outside directors. Discovery of bis-chloromethyl ether's carcinogenic qualities: overall plant shutdown. Oil crisis and effect on fiber business. Decision to discard ANIM-8. Ralph Nader and TOSCA (Toxic Substance Control Act). Adoption of market share-market growth approach, matrix management system, team management, Return On Net Assets program (RONA), and phased innovation. Introduction of president-Chief Operating Officer position. Development of Vacor and Blazer. Product line focus on polymers, plastics, and agricultural chemicals. Partial acquisitions of Borg-Warner and ion exchange from Diamond Shamrock.
CEO's role in developing R&D. Development of teamwork. Enactment of Superfund with Irving S. Shapiro. Public relations development. Relationship with Haas family.
Industry trends toward diversification, consolidation, and MBA leadership of chemical companies. Future of innovation in chemical industry. Significance of winning Chemical Industry Award. Involvement with Chemical Industry Institute of Toxicology (CIIT) and Center for Cancer Prevention at Harvard University.
About the Interviewer
James J. Bohning was professor emeritus of chemistry at Wilkes University, where he had been a faculty member from 1959 to 1990. He served there as chemistry department chair from 1970 to 1986 and environmental science department chair from 1987 to 1990. Bohning was chair of the American Chemical Society’s Division of the History of Chemistry in 1986; he received the division’s Outstanding Paper Award in 1989 and presented more than forty papers at national meetings of the society. Bohning was on the advisory committee of the society’s National Historic Chemical Landmarks Program from its inception in 1992 through 2001 and is currently a consultant to the committee. He developed the oral history program of the Chemical Heritage Foundation, and he was CHF’s director of oral history from 1990 to 1995. From 1995 to 1998, Bohning was a science writer for the News Service group of the American Chemical Society. In May 2005, he received the Joseph Priestley Service Award from the Susquehanna Valley Section of the American Chemical Society. Bohning passed away in September 2011.