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Thomas G. Pownall

Thomas G. PownallAKA Thomas Gilmore Pownall

Born: 20-Jan-1922
Birthplace: Cumberland, MD
Died: 24-Jun-2005
Location of death: Potomac, MD
Cause of death: Pneumonia

Gender: Male
Race or Ethnicity: White
Sexual orientation: Straight
Occupation: Business
Party Affiliation: Republican

Nationality: United States
Executive summary: CEO of Martin-Marietta, 1982-88

Military service: US Navy (1946-49)

A former Navy officer, Pownall managed the construction of both Viking probes to Mars for the National Aeronautics and Space Administration. In 1982 he rose to become CEO of Martin-Marietta. During an attempt by William M. Agee of Bendix Corporation (a very large electronics firm) to buy Martin-Marietta (an aerospace firm) with a $1.5B hostile offer, Pownall's innovative response was to purchase Bendix with a $1.6B hostile offer. This counter-action against takeover became known as the "Pacman Defense." Allied Corp. completed the takeover of Bendix with the help of a stock swap with Martin Marietta. The circumstances of this event rank among the most celebrated episodes in the history of business. Upon retirement, Pownall purchased a farm in Gordonsville, Virginia. He died from pneumonia in 2005 at a care facility in Potomac, Maryland.

Sister: Molly Peters
Wife: Marilyn Cunnick Pownall (two daughters)
Daughter: Suzi Locke
Daughter: Fuzzy Billings

    High School: Mercersburg Academy, Mercersburg, PA
    University: University of West Virginia
    University: US Naval Academy (1946)

    Martin Marietta CEO (1982-88)
    Martin Marietta VP (1963-)
    General Motors Chevrolet (1950s)
    General Dynamics Convair Division (1950s)
    Member of the Board of Martin Marietta (1971-91)
    Bush-Cheney '04
    Campaign America Inc.
    Freedom and Free Enterprise PAC
    National Republican Senatorial Committee
    New Republican Majority Fund

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