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Article: After a long climb, Iacocca attains the presidency - temporarily.(Ford 100)
- Article from:
- Automotive News
- Article date:
- June 15, 2003
CopyrightCOPYRIGHT 2003 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Michelle Krebs
To the young and impatient Lee Iacocca, his ascent to the presidency of Ford Motor Co. seemed to take forever.
After receiving lavish praise and publicity for the successful launch of the Ford Mustang and for other important vehicle and marketing initiatives, Iacocca kept hearing from Henry Ford II that he was his man. Yet Iacocca stood by and watched Bunkie Knudsen get the job.
Even when Knudsen was fired in 1969, after only 19 months as Ford's president, Iacocca felt passed over again as Henry Ford II instituted a three-man office of the president, with Iacocca as head of Ford's North American operations.
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Article: Iacocca, Lido Anthony
Gale Encyclopedia of U.S. Economic History;
700+ words
... ... operation. The Mustang earned Iacocca instant fame as an industrial ... company. His only superior was Henry Ford II (1917 – 1987 ... never made clear, Chairman Henry Ford II discharged Lee Iacocca in June 1978. It was a shock ...
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