Lee Iacocca biography

Profile

Lee Iacocca was born October 15, 1924 in Allentown, Pennsylvania. He was hired by Ford Motor Co. and was noted for his successful promotion of Mustang. He rose rapidly, becoming president of Ford in 1970. In 1979 he was hired by the nearly bankrupt Chrysler Corp. Within a few years Chrysler was showing record profits, and he was a national celebrity. He retired in 1992.