Charles Carpenter Tillinghast Jr. (January 30, 1911 – July 25, 1998) was a chairman of Trans World Airlines and chancellor of Brown University.
[1][2][3] He was on the staff of district attorney Thomas E. Dewey in New York City and a partner with the law firm Hughes, Schurman and Dwight.
Because control of the airline was in litigation, Tillinghast received an employment contract, dubbed a “golden parachute”, the first known use of that term.
[1] Tillinghast oversaw a golden era for TWA as it moved to a hub system and achieved dominance in the trans-Atlantic market, and expanded TWA's reach into the hospitality industry by way of its purchase of the Hilton Hotels chain through a newly created division called the Trans World Corporation.
During his tenure the airline industry went through major changes, including spikes in fuel prices and the advent of terrorism.