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Lido Anthony "Lee" Iacocca (/ ˌ aɪ. ə ˈ k oʊ k ə / EYE-ə-KOH-kə; October 15, 1924 – July 2, 2019) was an American automobile executive best known for the development of the Ford Mustang, Continental Mark III, and Ford Pinto cars while at the Ford Motor Company in the 1960s, and for reviving the Chrysler Corporation as its CEO during the 1980s. [1]
Lee Iacocca, the charismatic U.S. auto industry executive who gave America the Ford Mustang and was celebrated for saving Chrysler from going out of business, has died at the age of 94, Fiat ...
He was recruited to the Chrysler Corporation by Lee Iacocca in 1979. [7] While with Chrysler in the 1980s, he was the executive in charge of arranging with hundreds of banks the U.S. Government insured program of loans [ 7 ] that enabled Chrysler to avoid bankruptcy and become an industrial powerhouse under the leadership of Iacocca.
In a recent interview, Lee Iacocca stated that Chrysler, the company that he famously led in the 1980s, should repay its government loans as fast as possible. Citing onerous oversight and ...
- Iacocca quickly rose through the ranks and was made Ford president in 1964. Not long afterward, he switched to Ford's marketing and sales side. Factbox: 'I Am Chairman Of Chrysler Corporation ...
In 1978, Chrysler brought on recently dismissed Ford president Lee Iacocca to help turn around the struggling auto maker. [9] In 1979, Chrysler sought assistance from the federal government. On September 17, 1979, Riccardo announced his resignation – citing poor health and his belief that the company would be more likely to receive government ...
Lee Iacocca’s outsized legacy in the automotive world ranges from the brash mixture of muscle and sports car that was the Ford Mustang to the stylistically boring but practical cars that rescued ...
The Board of Directors at Chrysler announced that Lee Iacocca would retire at the end of 1992. [1] Iacocca was promoting Gerald Greenwald as his replacement, but that bought opposition. [ 1 ] Although some suspected that he would later turn the leadership over to Bob Lutz, the board instead designated an outsider, the straitlaced Bob Eaton as ...