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Floyd Odlum
From Wikipedia, the free encyclopedia
Floyd Bostwick Odlum (b. March 30, 1892, Union City, Michigan – d. June 17, 1976, Indio, California) was a wealthy lawyer and industrialist.
He was first married to Hortense McQuarrie, first woman department store head; his second wife was aviatrix Jackie Cochran.
Odlum was one of the 10 wealthiest men in the U.S. when he married Cochran in 1932. He owned Atlas Corporation, a Wall Street investment firm, RKO Studios, Convair, Northeast Airlines, Bonwit Teller, among other businesses, and was associated in aviation business with the well-known financier George Newell Armsby; his association with Armsby provided a link to the Armsby's and Cowdin's enterprise Transcontinental Air Transport, Inc.
Odlum sold RKO to Howard Hughes.[1]
He and Cochran were close friends of Amelia Earhart and her husband George Putnam Palmer and the Odlums were financial backers of Earhart's flying activities. They developed the Cochran-Odlum (C-O) Ranch in Indio, California where they lived after the 1950s.
Odlum was an investor in the 1954 production of the Broadway show The Pajama Game and convinced Goldman Sachs's head Sidney Weinberg to invest as well.[2]