Eugene McDermott
In 1951, McDermott, along with Cecil Howard Green, Patrick E. Haggerty, and J. Erik Jonsson co-founded Texas Instruments. This was done when the company changed its name to Texas Instruments; GSI becoming a wholly owned subsidiary of the new company. This acknowledged that the company had changed its focus from one primarily devoted to oil exploration to one focused on manufacturing. McDermott was the Chairman of TI from 1951-1957, Chairman of the Executive Committee of Board of Directors from 1957-1964 and Director until his death in 1973. During this period of time, Texas Instruments rose to be one of the world's largest corporations.
Tau Beta Sigma
Tau Beta Sigma was founded at Texas Technological College (now Texas Tech University) by Mrs. Wava Banes (Turner Henry). Due to corporation laws in the state of Texas at the time, however, the Texas Tech sisters surrendered their name, ritual, jewelry, constitution and Alpha Chapter designation in January 1946 to the local band sorority at Oklahoma State University. The Alpha chapter of Tau Beta Sigma was installed at OSU on March 26, 1946. This had the additional effect of locating both of the Alpha chapters of Tau Beta Sigma and Kappa Kappa Psi at the same school. The founding members of the Alpha Chapter were: Rosemary Wright, Frances Martin, Ebba Jensen, Mary Belle Reece, Margaret Stanffer, Bernice Friend, and Maribeth Crist. Later, on May 4, 1946, the Beta chapter of Tau Beta Sigma was founded at Texas Tech.