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Apple director, ex-auto executive York dies
3/18/2010 09:36:00 AMAP – FILE - In this Jan. 10, 2006 file photo, Jerome York is shown during an interview in Detroit. A spokeswoman … Video Link Auto Industry Video:Ft. Laud. Auto Show Helping Pinch Pennies On Gas CBS4 Miami Video Link Auto Industry Video:Union Members Ratify NUMMI Closure Plan CBS 5 San Francisco Related Quotes Symbol Price Change AAPL 224.65 +0.53 ^GSPC 1,165.82 -0.39 Thu Mar 18, 12:24 pm ETDETROIT – Apple Inc. says board member and former auto industry executive Jerome York has died. The Wall Street Journal says York had a brain aneurysm on Tuesday. The 71-year-old was taken to POH Regional Medical Center in Pontiac, Mich.. Apple CEO Steve Jobs said in a statement that York has been a pillar of financial and business expertise and insight on the board for a dozen years. York worked for all three Detroit automakers starting in the 1960s. He helped Chrysler survive its first government bailout in 1980 and later helped oversee costs cuts and a return to profitability at the automaker. He made similar moves as IBM Corp.'s chief financial officer in the 1990s. He also advised investor Kirk Kerkorian in a later takeover attempt of Chrysler and in efforts to reform GM. Search Google for this story. |
