Word: packers
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Dates: during 2000-2009
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Michael B. Packer ’76, an e-commerce entrepreneur who built harpsichords in his college years and maintained a lifelong love for the music of Bach and Liszt as he introduced a major Internet commerce project to the world’s largest brokerage house, died in the Sept. 11 terrorist attacks on the World Trade Center...
...Packer, who was a managing director at Merrill Lynch, usually worked in the firm’s offices in the World Financial Center. That complex, which is near the World Trade Center, was spared during the attacks. But on Sept. 11, Packer was delivering a keynote speech to an e-commerce conference on the 106th floor of the World Trade Center’s North Tower...
...Packer was a leading figure in the financial and technology worlds. At Merrill Lynch, he headed the firm’s major effort at online trading—enabling customers to do business with the investment giant directly over the Internet for the first time. In 1999, Institutional Investor, a prominent trade publication, named him one of the country’s top leaders in online finance...
...Packer was an executive at Simon & Schuster in 1999 when officials at Merrill Lynch tapped him to lead a major new Web-based initiative called “Direct Markets.” Merrill Lynch had widely been seen as lagging behind in Internet commerce, and Packer’s task was to design a new interface that would make online trading secure and easy. But since competitors had used the technology for years, he had to help Merrill Lynch catch...
...loved when people say things can’t be done. That’s when Michael got interested,” said his wife, Rekha D. Packer ’76. “Michael took it as a challenge...