Tags: US | York | Hospitalized

Apple Director, Former Auto Executive York Dies at 71

Thursday, 18 Mar 2010 12:24 PM

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.

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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...
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2010-24-18
 

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