At the urging of Terman, Packard took a leave from his job later that year to return to Stanford on a fellowship. I, DAVID PACKARD, declare that this is my will. They also helped build a new home for the School of Engineering, a gift in the name of their mentor, the late Frederick Terman, whose support played an essential role in the founding of their company.

Last week, he traveled to New York and Boston, meeting privately with several large institutional shareholders.

''It's not even close.''. The founders' children had different inclinations, and they were raised in a different time. Mr. Hewlett, then, is in an unusual, touchy position. Until February, Ms. Orr was a member of the Hewlett-Packard board, and she served on a board committee that was crucial in hiring Ms. Fiorina in 1999. There is time, because the shareholder vote will not come until late February at the earliest, the company says, awaiting antitrust reviews in the United States and Europe. Packard served as president or chairman of the board from the date of the company's incorporation in 1947 until his retirement in 1993, taking a leave of absence from 1969 to 1971 to serve as deputy secretary of the U.S. Defense Department during the first Nixon administration. Her brother, David, now 61, was a classics scholar at Harvard in the 1960's, but he found himself attracted to a niche known as computational linguistics. And David Woodley Packard, who is no longer on the Packard Foundation board, has talked to his sisters. People who know Mr. Platt say Mr. Hackborn's opinion should carry a lot of weight with Mr. Platt. In 1958, Packard was selected as a member of Sports Illustrated magazine's Silver Anniversary All-America team. The merger plan calls for a cut of 15,000 jobs, and cost savings of $2.5 billion annually by 2004. Protect yourself and your family with a legally binding Will.

His wife, Lucile Packard, died in 1987. Two former Hewlett-Packard executives, Lewis E. Platt, who was chief executive from 1992 to 1999, and Dean O. Morton, a former chief operating officer, also have seats. and Sun Microsystems, which will gain market share while Hewlett-Packard is distracted. Income from the Terman Fellows Fund, which was created in 1994, helps some of Stanford's brightest young faculty launch academic careers in science and engineering by providing three years of initial research funding. Following a varsity football loss to USC in 1932, the freshman team, which later joined Packard on the varsity, vowed never to be defeated by USC. © 2020 Trial Data Inc. All Rights Reserved. If the foundation votes against the deal, the merger is not necessarily dead, but 18 percent of the shares will be securely in the opposition camp. ''Susan has been very supportive of Carly, and they have a dialogue,'' said a person who knows Ms. Orr, who declined to be interviewed. But football wasn't Packard's only extracurricular activity. A former HP board member (1987-1999), David is best known for his opposition to the HP-Compaq merger and his support for classical studies, especially the digitization of classics research. They select the nonfamily directors. With more than 10 percent of the company's shares, the Packard Foundation is the largest single shareholder in Hewlett-Packard. Those seven include Richard T. Schlosberg III, the chief executive of the foundation; Colin S. Wilbur, the former executive director of the foundation; and experts in the main fields that receive grants from the foundation, like environmental protection, public health and marine biology. Fourth: I give to my issue who survive me, by right of representation, all my jewelry, clothing, household furniture and furnishings, automobiles and other articles of tangible personal property not disposed of in any other manner. But the composition of the board -- particularly the members who are likely to shape the discussion -- and what is known of the foundation's review process suggest that the merger stands a far better chance of receiving a nod of approval from the Packard Foundation than it did from Walter Hewlett or David Woodley Packard. Second, the document contends that Hewlett-Packard shareholders will suffer because the company's highly profitable printing business will be diluted in a combined enterprise with a larger collection of troubled, low-profit businesses -- especially a much larger personal computer business. But he will make his own decision, and he says the prospect weighs on him as he works the fields and greenhouses of his business, the Elkhorn Native Plant Nursery in Moss Landing, Calif. Hewlett-Packard may be a big global corporation, but for all the family members, the decision will be both personal and local. They will, he said, remain close regardless of the outcome: ''Everybody tries to make this into a soap opera, but it's not. Mr. Hewlett and his advisers plan to present their case to as many of the top 50 shareholders as possible. Far removed from the Depression-era commercial ambitions of their fathers, they made their choices about their education and career paths mainly in the 1960's and early 1970's. OF the board's 12 members, five come from the family: three Packard sisters and two of their husbands. TimesMachine is an exclusive benefit for home delivery and digital subscribers.

''It shows you can't escape your destiny.''. So far, the shares of the family members who oppose the deal, and those of the foundations they control, total 7.5 percent of Hewlett-Packard. But the next step is the decision of the company's biggest shareholder, the Packard Foundation. During the 1990's, the reliance on Hewlett-Packard helped make the foundation one of the nation's largest, but the reversal has been striking. As a director, Mr. Hewlett attended the meetings when the Compaq merger was weighed and, along with the other directors, voted in favor of the deal announced on Sept. 4. With Hewlett, Dave Packard endowed the Terman Fellows program, which provides financial support to young science and engineering professors. It would also add momentum to Mr. Hewlett's campaign. They became academics and philanthropists with interests in music, the humanities, conservation and marine biology. or knows people who work for H.P. DESTINY is decidedly knocking at the door of the founders' heirs because of the controversial Compaq merger. Sixth: A. I authorize (but do not require) my executor: 1. I, DAVID PACKARD, declare that this is my will. David Woodley Packard, for example, left the Packard Foundation in 1999, after it gave his own Packard Humanities Institute a grant of $1.6 billion. In a merger with Compaq, Ms. Fiorina says, Hewlett-Packard will combine with a company that is pursuing much the same strategy and that has some overlapping and some complementary businesses. ''We're not diversified like other foundations,'' said George Vera, its chief financial officer. ''They know what I think,'' he said. The foregoing instrument was by DAVID PACKARD, the maker thereof, signed in our presence and in the presence of each of us, and at the time of his subscribing said instrument he declared to us and to each of us that it was his will, and at his request and in his presence and in the presence of each other we hereto subscribe our names as witnesses thereto, all on the date last above written. Although he and his advisers say there is no personal edge to his campaign, Mr. Hewlett is directly confronting Ms. Fiorina, who was recruited from Lucent Technologies two years ago. He declared his opposition to the merger on Nov. 6, after the four-member stock committee of his family foundation and an investment advisory firm both concluded that the Compaq deal would be bad for Hewlett-Packard shareholders. "It was as much Dave's business sense and drive as Bill Hewlett's creative genius in the scientific field that made Hewlett-Packard such an outstanding international success and the 'HP Way' so envied and copied everywhere," said Lyle Nelson, director of university relations from 1961 to 1972. Packard is survived by four children: David Woodley Packard, Nancy Ann Packard Burnett, Susan Packard Orr and Julie Elizabeth Stephens.

STANFORD -- David Packard, a Silicon Valley pioneer and noted philanthropist whose generous contributions to his alma mater helped build Stanford University into one of the nation's preeminent research universities, died on Tuesday, March 26, at the age of 83. Packard and Hewlett made personal donations of more than $300 million to Stanford University.

It has since grown to become Silicon Valley's largest employer with 100,000 employees and revenues last year of more than $31 billion. Yet they share a common lineage and legacy, and a few inherited the engineering gene. More than 41,000 hectares of ruins buried by Vesuvius attract about 31,000 tourists a year, an alternative to the nearby ruins of Pompeii … His wife, Lucile, played an active role in the family's charitable foundation. At the same time, they also donated $30 million to Stanford University and the School of Medicine to modernize perinatal facilities and pediatric research laboratories.

Guests were handed printed programs, with a sepia-toned photograph of David Packard looking back as he drives a tractor on his ranch. We welcome your comments, questions and suggestions about this site: White Label Documents for Estate Planners, Life Insurance Specialists, and Funeral Providers. The value of its roughly 201 million shares in Hewlett-Packard have dropped to $4.4 billion from more than $13.5 billion in July 2000, as the company's stock price went to $21.99 on Friday from more than $67 a share.