Jerry York (businessman)
| Jerry York | |
|---|---|
 |
|
| Born |
Jerome Bailey York June 22, 1938 Memphis, Tennessee, U.S. |
| Died | March 18, 2010 (aged 71) Pontiac, Michigan, U.S. |
| Alma mater |
United States Military Academy at West Point University of Michigan Massachusetts Institute of Technology |
Jerome Bailey York (June 22, 1938 – March 18, 2010), commonly known as Jerry York, was an American businessman, and the Chairman, President and CEO of Harwinton Capital. He was the former CFO of IBM and Chrysler, and was CEO of Micro Warehouse. He was a chief aide to Kirk Kerkorian and his Tracinda investment company. In February 2006, Kerkorian helped elect York to the board of directors of General Motors, from which he had previously resigned.
York was born in Memphis, Tennessee in 1938 and lived in Oakland Township, Michigan. He earned degrees from the United States Military Academy at West Point, the Massachusetts Institute of Technology, and the University of Michigan's Ross School of Business, and was trained as an engineer. A gymnastics injury prevented York from serving in the military.
York eventually became the CFO at Chrysler. When Lee Iacocca retired as Chrysler CEO in 1992, York was a leading candidate to succeed him. After being passed over as Chrysler CEO, York became CFO of IBM Corporation. He later served as a special adviser to investor Kirk Kerkorian during Kerkorian's 2007 failed takeover bid for Chrysler and his other investments in Ford Motor Company and General Motors where he previously served as a board member from February to October 2006 before resigning over frustration resulting from GM's failure to distribute materials to the Board in advance of its meetings and a reluctance to implement change recommendations, including the shedding of peripheral brands, which GM ultimately affected during bankruptcy in the form of terminating the Pontiac, Saturn, and Hummer brands (after a failed sale attempt to Chinese Sichuan Tengzhong Heavy Industrial Machinery) and the sale of its SAAB division to Spyker Cars.
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