He was still around in the company for a while as representative and counsellor/developer which was part of the deal to sell it to them until they finally forced him out a few years later the nasty way which was the beginning of his end, don't know exactly where I read it, I think it was Jim Wanger's "Glory Days", have to look that up. He still developed the hydraulic "scissors" for cutting off car roofs after that, actually a whole system with a rescue car, don't know the English name for it, which is a standard for rescue in extreme traffic collisions.
Edit: The're called jaws of life, developed in 1972
http://jawsoflife.com/About/Default.aspx
Not true...
In 1968, Greenwald and Hurst
took the
company public.[SUP]
[6][/SUP] The company was bought out in 1970 by
Sunbeam Products, a maker of
small appliances.[SUP]
[6][/SUP] Hurst was promised an executive position and seat on the
board of directors as part of the buyout, but Sunbeam did not follow through.[SUP]
[6][/SUP] (A variation of this account has Sunbeam specifically telling Mr. Greenwald and Mr. Hurst that they would no longer be part of the Company.) Greenwald fully retired at age 67.
The Jaws of Life was developed and invented by the company Research and Development Department and Hurst/Campbell didn't patent it or get any compensation for it. I'm sure that is something that Hurst/Campbell regretted in retrospect.
The original company was called
Hurst-Campbell. It was started in 1958 as an auto repair company when George Hurst was a young man. An older man named Lawrence Greenwald (who is credited, among other things, to be one of the inventors of stretch
nylon hosiery), took certain cars from his collection to Hurst's shop for repair. Not only satisfied, Greenwald saw promise in Hurst, whom he then decided to finance in a venture to manufacture
aftermarket large bumpers for
VW buses, which were gaining popularity.
When VW started manufacturing its own large bumpers for the buses, Hurst-Campbell branched out into the piston-driven gearshift business. They also manufactured, at different times, engine mounts, wheels, and shift knobs in addition to the line of gearshifts.
In the company's research department, they developed and invented the
Jaws of Life. The company gave away the patent without any compensation