At the time of her death in 1980, Jacqueline Cochran held more speed, altitude, and distance records than any other pilot, male or female, in the world. The first woman to fly faster than the speed of sound, she also founded the Women's Air Force Service Pilots (WASP) program during World War II, and was the recipient of the Distinguished Service Medal and the Distinguished Flying Cross. In 1934, she established her own cosmetic company. A successful businesswoman, she was designated Woman of the Year in Business in 1963.