Business Career
After graduating from Yale, Bush moved his family to West Texas. His father's business connections proved useful when he ventured into the oil business, starting as a sales clerk with Dresser Industries, a subsidiary of Brown Brothers Harriman. His father had served on the board of directors there for 22 years. Bush started the Bush-Overby Oil Development company in 1951 and co-founded the Zapata Petroleum Corporation, an oil company which drilled in the Permian Basin in Texas, two years later. He was named president of the Zapata Offshore Company, a subsidiary which specialized in offshore drilling, in 1954. The subsidiary became independent in 1958, so Bush moved the company from Midland, Texas to Houston. He continued serving as president of the company until 1964, and later chairman until 1966, but his ambitions turned political. By that time, Bush had become a millionaire.
Read more about this topic: George H. W. Bush
Famous quotes containing the words business and/or career:
“I am succeeding very well so far with my legging, but it is a very mean business for a man that has been well brought up to engage in. It is the only way to get a bill from Cincinnati through, so it must be done.”
—Rutherford Birchard Hayes (1822–1893)
“I began my editorial career with the presidency of Mr. Adams, and my principal object was to render his administration all the assistance in my power. I flattered myself with the hope of accompanying him through [his] voyage, and of partaking in a trifling degree, of the glory of the enterprise; but he suddenly tacked about, and I could follow him no longer. I therefore waited for the first opportunity to haul down my sails.”
—William Cobbett (1762–1835)