词条 | Zachary Hochschild |
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| name = Berthold Hochschild | image = | caption = | birth_name = | birth_date = May 16, 1854 | birth_place = Dieblis-on-the-Rhine, Hessen, Germany | residence = | death_date = November 6, 1912 (age 58) | death_place = Munich | nationality = German | other_names = | education = | alma_mater = | known_for = Co-founder of the Metallgesellschaft AG | occupation = Businessman | years_active = | spouse = Philippine Ellinger | children = Henriette Hochschild Euler | family = Berthold Hochschild (brother) Harold K. Hochschild (nephew) Walter Hochschild (nephew) | parents = Justina Bendheim Hochschild Koppel Jakob Hochschild }} Zachary Hochschild (May 16, 1854 – November 6, 1912) was a German businessman, metal trader, and co-founder of Metallgesellschaft AG. BiographyHochschild was born to a Jewish family, the son of Justina (née Bendheim) and Koppel Jakob Hochschild.[1] His brother was Berthold Hochschild (1860–1928) who later founded the American Metal Company.[1] Zachary worked as a youth for the Frankfurt metal company, Philipp Abraham Cohen and received in 1878, procuration or the authority to act on behalf of the company.[1] In 1881, Hochschild along with his brother-in-law Leo Ellinger and Wilhelm Merton took over the activities of Philipp Abraham Cohen and co-founded Metallgesellschaft AG in Frankfurt with 2 million Marks in share capital.[1] As Hochschild was a long term executive at Cohen, he was its sole member of the board.[1] Responsibilities were divided: Hochschild focused on marketing, trading, and international activities; Merton was responsible for business strategy; and Ellinger for operations.[2] Their main competition were the two other large metal trading companies of Germany: Aron Hirsch & Sohn in Halberstadt, and Beer, Sondheimer & Co in Frankfurt am Main, also closely held Jewish family companies.[2] Although Metallgesellschaft was a joint stock company, it was operated like a family business with key positions allocated to long-time loyal employees who were gradually rewarded with stock in the company.[2] He is credited with opening up the company to international sources of metals which satisfied German demand.[1] In 1884, Hochschild sent his brother Berthold to the United States to establish an operation.[3] In 1887, the American Metal Company was incorporated as a joint stock company in New York with 51% Metallgesellschaft ownership so as to facilitate local decision-making; Metallgesellschaft executive Jacob Langeloth was named its president.[2] In 1889, Hochschild saw the company through the Paris "copper crash".[1] In 1906, he was named as a member of the Supervisory Board of Berg- und Metallbank AG (renamed Metallbank und Metallurgische Gesellschaft AG in 1910) which became the primary financial institution supporting the trading business of Metallgesellschaft AG.[1] Personal life and deathIn 1881, he married Philippine Ellinger; they had one daughter, Henriette (1882–1965) who married Rudolf Euler in 1903.[1] He died on November 6, 1912 at the age of 58 in Munich.[1] The son of his cousin was Bolivian tin baron Mauricio Hochschild.[4] His nephews were American Metal executives Harold K. Hochschild and Walter Hochschild. References1. ^1 2 3 4 5 6 7 8 9 {{Cite web|last=Prenzel |first= Eva-Maria |authorlink= |title=Hochschild, Zachary |publisher=Neue Deutsche Biographie 9 (1972), S. 290|date= |url=https://www.deutsche-biographie.de/sfz32724.html }} {{Authority control}}{{DEFAULTSORT:Hochschild, Zachary}}2. ^1 2 3 {{cite book|url=https://books.google.com/books?id=W1pDvaPJ2q4C&pg=PT50&lpg=PT50&dq=Metallgesellschaft#v=onepage&q=Metallgesellschaft&f=false|first2=Susan |last2=Becker|first1=Geoffrey G. |last1=Jones|title=The Multinational Traders - Chapter 4 the German Metal Traders before 1914|pages=|publisher=|date=|ISBN=}} 3. ^Stack, Elizabeth. [https://www.immigrantentrepreneurship.org/entry.php?rec=139 Immigrant Entrepreneurship: "German American Biographies: "Carl Morris Loeb"] Retrieved December 21, 2017 4. ^{{Cite web|last= |first= |authorlink= |title= A Review of Helmut Waszkis' "Dr. Moritz (Don Mauricio) Hochschild 1881-1965. The Man and His Companies. A German Jewish Mining Entrepreneur in South America"|publisher=|date= |url=https://www.mininghistoryassociation.org/Journal/MHJ-v10-2003-Hillman_rev_Waszkis.pdf |accessdate=}} 6 : German Jews|1854 births|1912 deaths|Businesspeople in metals|Hochschild family|German commodities traders |
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