Donald E. Noble
Donald E. Noble was an American businessman and the CEO of Wooster Rubber Company, the predecessor of Rubbermaid, from 1959 to 1980. He also founded TechniGraphics in Wooster.
Education and work history
Noble was born January 21, 1915, in Lansing, Michigan, and he was raised in Cleveland, Ohio. Noble worked through the Depression while in university at National City Bank of Cleveland, starting as a messenger and advancing over his eight years of employment to a management position. He earned a degree in business administration from Western Reserve University in 1941.Noble moved to Wooster, Ohio, in 1941 to join the Wooster Rubber Co, predecessor of Rubbermaid Inc., initially as chief accountant and assistant office manager. He was named CEO of Rubbermaid in 1959 and held the position until his retirement in 1980. During his tenure, Rubbermaid made the transformation from rubber products to plastic products, increased sales and developed a business plan which provided innovation through research and development. He increased sales over 1100 percent from $24.5 million to $305 million. Net earnings during his time as CEO increased from 21 cents to $2.96 per share.