1870s-1880s. Drexel and Morgan add twelve partners, chosen from vetted family and business partners. The Drexels are a rare business at the time where employees are given raises and slowly promoted to positions of leadership, including share of profits and/or partnership. For instance, Edward T. Stotesbury rose from an entry clerk of seventeen in 1866 to become a partner in 1882.
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1870s-1880s. Drexel and Morgan add twelve partners, chosen from vetted family and business partners. The Drexels are a rare business at the time where employees are given raises and slowly promoted to positions of leadership, including share of profits and/or partnership. For instance, Edward T. Stotesbury rose from an entry clerk of seventeen in 1866 to become a partner in 1882.
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Citation
“1870s-1880s. Drexel and Morgan add twelve partners, chosen from vetted family and business partners. The Drexels are a rare business at the time where employees are given raises and slowly promoted to positions of leadership, including share of profits and/or partnership. For instance, Edward T. Stotesbury rose from an entry clerk of seventeen in 1866 to become a partner in 1882.,” Drexel Exhibits, accessed April 17, 2024, https://drexelexhibits.omeka.net/items/show/281.