Milton E. Mohr

Milton E. Mohr (born April 9, 1915 in Sioux City , IA ; † July 17, 2000 in Malibu , CA ) was an American inventor and manager in the field of information technology in defense technology and finance .

life and work

Milton E. Mohr grew up near Sioux City , Iowa . He studied at the University of Nebraska-Lincoln (UNL) in Lincoln , Nebraska . In 1938 he completed his studies as the best of his year with a B.Sc. in Electrical Engineering . Mohr's exam results and final grades were the best ever at the College of Engineering and Technology. He then studied mathematics and physics at the Graduate School of the Stevens Institute of Technology . During World War II he developed based on early transistor -Schaltkreisen cryptography systems for Bell Labs . At Bell Labs and later at Hughes Aircraft , he obtained more than 30 patents as an inventor, first in the field of transistors and later at Hughes for electronic control and regulation systems in missile guidance systems. In 1948 Mohr was named "America's Most Promising Electrical Engineer".

In 1954 Mohr was involved in founding the defense company Ramo-Wooldridge (RW, later TRW ). RW had three divisions, control systems, communications and computer systems. Mohr was head of the control systems division. In 1959, Mohr was awarded an honorary doctorate in engineering from the UNL . In the 1960s Mohr worked as Vice-President of the Defense Division of the Bunker Ramo Corporation , which he led as CEO and President from 1966. Bunker Ramo was a spin-off from TRW (together with Martin Marietta ) and provided brokers and traders with stock market information.

In 1970, Mohr moved to Scantlin Electronics, Inc., a competitor, after a dispute with the board of directors of Bunker Ramo. As a first step, he renamed the company after the flagship product Quotron Systems, Inc. and parted ways with the founder, Jack Scantlin. Mohr was President and CEO of Quotron Systems from 1970 to 1988. During this time he led the company, which was on the verge of bankruptcy in the late 1960s, into a position of dominance of the market for stock information from American stock markets. At the height of the spread of the Quotron system, two thirds of all brokers in the US were using their terminals or broker services. Mohr organized the sale of Quotron to Citicorp in 1986 and was replaced as CEO and President in 1987 at the age of 72.

In 1989 Mohr established a scholarship program for students at the UNL's College of Engineering. He donated $ 1.8 million to the University of Nebraska Foundation, including a. established an endowed professorship with his name at the College of Engineering at UNL. Mohr was President of the Caltech Association. He was married and had three children.

literature

• Myrna Oliver: Milton Mohr; Architect of Quotron turnaround . In: Los Angeles Times, July 24, 2000.
• Robb Crouch: College pays tribute to philanthropist and graduate Milton Mohr . In: Contacts , Alumni Magazine of the Engineering Department, University of Nebraska Lincoln, Fall 2000, p. 30.
• Milton Mohr . In: EA Kral: 900 Famous Nebraskans . Lincoln, Nebraska 2008, pp. 35-36.

Web links

• Milton E. Mohr Scholarship & Fellowship at the University of Nebraska-Lincoln
• Mohr's patents on Google Patents

Individual evidence

1. ^ ^{A b} Robb Crouch: College pays tribute to philanthropist and graduate Milton Mohr . In: Contacts . University of Nebraska Lincoln, Fall 2000, p. 30.
2. ↑ Statement as of 2000: "graduated in 1938 with the highest scholastic record ever achieved at the College of Engineering and Technology", Robb Crouch: College pays tribute to philanthropist and graduate Milton Mohr . In: Contacts , Fall 2000, p. 30.
3. ^ ^{A b} Davis Dyer: TRW: Pioneering Technology and Innovation since 1900 . Harvard Business School Press, Boston 1998, ISBN 0-87584-606-8 , p. 172.
4. ^ "America's Most Outstanding Young Electrical Engineer". In: UNL Nebraska Alumnus , February 1949, p. 9.