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RARE! “Ford Motor Company CEO" Donald Petersen Hand Signed 8X10 Page

RARE! “Ford Motor Company CEO


$99.99 Buy It Now or Best Offer
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Seller Store historicsellsmemorabilia
(7035) 99.4%,

Location: Fort Lauderdale, Florida
Ships to: US,
Item: 156295094845

Return shipping will be paid by:Buyer
All returns accepted:Returns Accepted
Item must be returned within:14 Days
Refund will be given as:Money back or replacement (buyer’s choice)
Signed:Yes
Original/Reproduction:Original

Up for auction “Ford Motor Company” Donald Petersen Hand Signed 8X10 Page. ES-1702B Donald Eugene Petersen (born September 4, 1926) is an American businessman who was employed by the Ford Motor Company for 40 years, most notably as its chief executive officer from 1985 to 1990. Born in Pipestone, Minnesota, Petersen served in the U.S. Marine Corps in World War II and the Korean War. He received his BSME from the University of Washington in 1946. Donald E. Petersen joined Ford in 1949 after receiving his MBA from the Stanford Graduate School of Business. Prior to his election as chairman, Petersen was President and COO (chief operating officer) from March 13, 1980. He was a member of the board of directors from September 8, 1977 until his retirement in February 1990. Donald E. Petersen became chairman of the board and chief executive officer of Ford Motor Company on February 1, 1985. Hailed a “Most Valuable Person” of 1988 by USA Today and “CEO of the Year” by Chief Executive magazine in 1989, Petersen transformed Ford with his inclusive, team-oriented management style. Petersen was famously known for instructing the Ford design staff to design vehicles they would be proud to buy and park in their own driveways. Ford Vice President of Design Jack Telnack of the 1980 Thunderbird: “is this what you would want in your driveway?”. The negative response by Telnack prompted the company to request the Thunderbird be restyled completely. This watershed event culminated in the redesign of the ninth-generation Thunderbird marks the introduction of highly aerodynamic body design to Ford vehicles in North America (reducing its drag coefficient from 0.50 to 0.35), followed by similarly designed model lines, including the 1984 Ford Mustang SVO, 1984 Ford Tempo, 1986 Ford Aerostar, and 1986 Ford Taurus. The redesign of the Thunderbird became a groundbreaking and wildly successful design which pulled Ford out of its financial doldrums of the early 1980s and provided the motivation and profit which carried Ford for the next decade.

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