Printer Friendly

CHRYSLER CHAIRMAN ISSUES STATEMENT ON JEROME YORK DECISION TO JOIN IBM

 HIGHLAND PARK, Mich., May 3 /PRNewswire/ -- Following is a statement by Robert J. Eaton, chairman of the board and CEO, Chrysler Corporation (NYSE: C), on Jerome B. York, executive vice president and CFO, decision to join IBM (NYSE: IBM).
 "Jerry York is an outstanding financial leader and a strong team player. He made significant contributions to Chrysler throughout his career here, but especially during the past several difficult years when he led our cost reduction efforts and oversaw a number of intricate transactions to put our financial house in order. He will be missed.
 "While I'm personally sorry to lose an executive of Jerry York's talent and abilities, Chrysler has developed a strong and capable finance organization under him. We have tremendous bench strength and I'm confident we'll find a successor who can pick up where Jerry left off and continue us on the sound financial path we're now on. We know we still have a lot to accomplish but Jerry has given us a very good start and we wish him every success in his new position at IBM."
 -0- 5/3/93
 /CONTACT: Steve Harris, 313-956-3164, or Rita McKay, 313-252-8790, both of Chrysler Corporation/
 (C IBM)


CO: Chrysler Corporation; IBM ST: Michigan IN: AUT SU: PER

ML -- DE002 -- 3605 05/03/93 09:10 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 3, 1993
Words:217
Previous Article:GIBSON GREETINGS, INC., ANNOUNCES NEW REVOLVING CREDIT AGREEMENT
Next Article:CHRYSLER CFO JEROME YORK ISSUES STATEMENT ON HIS DECISION TO JOIN IBM CORPORATION
Topics:


Related Articles
CHRYSLER ELECTS NEW TREASURER
CHRYSLER BOARD OF DIRECTORS ELECTS ROBERT J. EATON VICE CHAIRMAN AND CHIEF OPERATING OFFICER
STATEMENT BY L.A. IACOCCA ON THE DEPARTURE OF ROBERT S. MILLER JR., VICE CHAIRMAN, CHRYSLER CORPORATION
CHRYSLER ANNOUNCES STAFF REALIGNMENTS
JEROME B. YORK ELECTED TO CHRYSLER BOARD OF DIRECTORS
STATEMENT BY CHRYSLER CHAIRMAN LEE A. IACOCCA ON RESIGNATION OF GM CHAIRMAN ROBERT C. STEMPEL
CHRYSLER RESPONSE TO PRESS QUERIES
CHRYSLER HONORS EMPLOYEES FOR 1992 PATENT AWARDS
CHRYSLER CFO JEROME YORK ISSUES STATEMENT ON HIS DECISION TO JOIN IBM CORPORATION
CHRYSLER NAMES VALADE EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters