John M. Budd

John Marshall Budd
John Marshall Budd
	Civil Engineering)
Spouse	Frances Bullard
Children	John M. Budd, Jr.; William B. Budd
Parents	Ralph Budd; (father) Georianna Marshall Budd (mother);

John Marshall Budd (1907-1979) was

chairman and chief executive officer of Burlington Northern Railroad from 1970 to 1971, chairman from 1971 to 1972, and a director from 1970 to 1977.^[1]

Budd was born November 2, 1907, in

Penn Central Transportation between 1968 and 1970, which became the largest corporate bankruptcy in the United States to that time.^[2]

Background

Budd graduated from

Civil Engineering in 1930.^[3]

Budd joined the

Sioux City, South Dakota, Wenatchee, Washington, and Spokane, Washington. From 1940 to 1942 he served as division superintendent at Klamath Falls, Oregon, then Whitefish, Montana

.

In 1942 Budd was commissioned a major in the

U.S. Army's Military Railway Service. He served in Algeria, Italy, France and Germany

. Promoted to lieutenant colonel, he commanded the 727th Railway Operating Battalion. He was discharged in November 1945.

From November 1945, to May 1947, Budd was assistant general manager for Lines East of Williston, North Dakota, on the Great Northern. In June 1947, he joined the Chicago and Eastern Illinois Railroad as its president, a position he held until May 1949. In this capacity he was the youngest president of any U.S. Class I railroad.

He returned to the Great Northern in May 1949, following the death of Thomas F. Dixon to become the Great Northern's vice-president in charge of operations. He held this position until May 1951, when he was named president, succeeding

Francis J. Gavin who had been in office since 1939. John Budd's father, Ralph Budd, another civil engineer, was president of the Great Northern from 1919 to 1930, and president of the Chicago, Burlington and Quincy Railroad, a company half-owned by the Great Northern in cooperation with the Northern Pacific Railway

, from 1930 until his retirement in 1949.

In 1955, Budd entered discussions with

U.S. Supreme Court, which resulted in the creation of the Burlington Northern Railroad

in March 1970.

Member of the American Association of Railroad Superintendents; Boy Scouts of America; Hamline University.^[4]

He died at the age of seventy-one on October 25, 1979.^[5]

Sources

^ Moore, Russell F., editor. Who's Who in Railroading in North America. New York: Simmons-Boardman, 1964, p. 69
^ "John Budd Goes to GN; Roddewig Heads C&EI," Railway Age, 126 (May 28, 1949): 41-42.
^ White, W. Thomas III. "John M. Budd." Encyclopedia of American Business History and Biography; Railroads in the Age of Regulation, 1900-1980. New York: Facts On File, 1988, pp. 53–55.
^ "John M. Budd, New President of the C&EI," Railway Age, 122 (May 24, 1947): 1081.
^ "JOHN M. BUDD, 71, A RAILROAD LEADER". New York Times. October 27, 1979. Retrieved 2020-01-05.

[1] Moore, Russell F., editor. Who's Who in Railroading in North America. New York: Simmons-Boardman, 1964, p. 69

[2] "John Budd Goes to GN; Roddewig Heads C&EI," Railway Age, 126 (May 28, 1949): 41-42.

[3] White, W. Thomas III. "John M. Budd." Encyclopedia of American Business History and Biography; Railroads in the Age of Regulation, 1900-1980. New York: Facts On File, 1988, pp. 53–55.

[4] "John M. Budd, New President of the C&EI," Railway Age, 122 (May 24, 1947): 1081.

[5] "JOHN M. BUDD, 71, A RAILROAD LEADER". New York Times. October 27, 1979. Retrieved 2020-01-05.

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