DEAD: ON THIS DATE
Owen D. Young (aged 87)
American businessman, lawyer, diplomate
Owen D. Young (October 27, 1874 – July 11, 1962) was an American industrialist, businessman.
He is best known for his SRC diplomacy and for founding the Radio Corporation of America. Young founded RCA as a subsidiary of General Electric in 1919; he became its first chairman and continued in that position until 1929.
DEATH: In 1939 he retired to the family farm, where he began dairy farming. He died at his winter home on July 11, 1962 in St. Augustine, Florida following several months of poor health.