Apple director, ex-auto executive York dies

Mar 18, 2010
In this Jan. 10, 2006 file photo, Jerome York is shown during an interview in Detroit. A spokeswoman on Thursday, March 18, 2010 said York, an Apple Inc. board member and former auto industry executive, has been hospitalized in Pontiac, Mich. (AP Photo/Paul Sancya, File)

(AP) -- Apple Inc. says board member and former auto industry executive Jerome York has died.

The Wall Street Journal says York had a on Tuesday. The 71-year-old was taken to POH Regional Medical Center in Pontiac, Mich..

Apple CEO 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 in the 1990s.

He also advised investor Kirk Kerkorian in a later takeover attempt of Chrysler and in efforts to reform GM.

Explore further: Court halts ridesharing service Uber in Germany (Update)

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Apple up sharply on tablet computer reports

Dec 24, 2009

Apple Inc. shares hit a record high on Wall Street on Thursday following reports that the California company may unveil a long-awaited portable tablet computer next month.

Apple 2Q profit gains 15 percent, beats Street

Apr 22, 2009

(AP) -- Strong sales of the iPhone helped Apple Inc. lift its quarterly profit 15 percent, well ahead of Wall Street's expectations Wednesday despite the global economic downturn.

Recommended for you

Netflix unveils new way to share recommendations

8 hours ago

Netflix is giving its Internet video subscribers a more discreet way to recommend movies and TV shows to their Facebook friends after realizing most people don't want to share their viewing habits with large ...

Job listing service ZipRecruiter raises $63 million

Sep 01, 2014

ZipRecruiter, a California start-up that tries to simplify tasks for recruiters, has raised $63 million in initial venture capital funding as the 4-year-old service races to keep up with growing demand.

User comments : 0