Jerome Bailey York (June 22, 1938 – March 18, 2010), commonly known as Jerry York, was an American businessman, and the chairman,

president President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university * President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ...

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 Kerkor Kerkorian ( hy, Գրիգոր Գրիգորեան; June 6, 1917 – June 15, 2015) was an American businessman, investor, and philanthropist. He was the president and CEO of Tracinda Corporation, his private holding company based in Beve ...

and his

Tracinda Tracinda Corporation is an American private investment corporation that was owned by the late Kirk Kerkorian. Its major investments included a minority interest of MGM Resorts International. Tracinda is headquartered in Las Vegas, Nevada. Th ...

investment company. In February 2006, Kerkorian helped elect York to the board of directors of General Motors, from which he had previously resigned.

Biography

York was born in

Memphis, Tennessee Memphis is a city in the U.S. state of Tennessee. It is the seat of Shelby County in the southwest part of the state; it is situated along the Mississippi River. With a population of 633,104 at the 2020 U.S. census, Memphis is the second-mos ...

, in 1938 and lived in Oakland Township, Michigan. He earned degrees from the

United States Military Academy The United States Military Academy (USMA), also known metonymically as West Point or simply as Army, is a United States service academy in West Point, New York. It was originally established as a fort, since it sits on strategic high groun ...

West Point The United States Military Academy (USMA), also known Metonymy, metonymically as West Point or simply as Army, is a United States service academies, United States service academy in West Point, New York. It was originally established as a f ...

, the

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the ...

, and the

University of Michigan , mottoeng = "Arts, Knowledge, Truth" , former_names = Catholepistemiad, or University of Michigania (1817–1821) , budget = $10.3 billion (2021) , endowment = $17 billion (2021)As o ...

Ross School of Business The Stephen M. Ross School of Business, also known as Michigan Ross, is the business school of the University of Michigan, a public research university in Ann Arbor, Michigan. Founded in 1924, the school is ranked among the best business schools i ...

, 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

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 Hummer (stylized as HUMMER) is a brand of pickups and SUVs that was first marketed in 1992 when AM General began selling a civilian version of the M998 Humvee. Although discontinued in 2010, Hummer returned as a sub-brand of GMC in 2020. ...

brands (after a failed sale attempt to Chinese Sichuan Tengzhong Heavy Industrial Machinery) and the sale of its SAAB division to

Spyker Cars Spyker Cars (, ) is a Dutch sports car marque. The modern Spyker Cars held the legal rights to the brand name. The company's motto is "''Nulla tenaci invia est via''", Latin for "For the tenacious, no road is impassable". The marque's logo dis ...

. From 1999 to 2003, York was chairman and CEO of Micro Warehouse, which went bankrupt. He was also on the board of

Apple Inc. Apple Inc. is an American multinational technology company headquartered in Cupertino, California, United States. Apple is the largest technology company by revenue (totaling in 2021) and, as of June 2022, is the world's biggest company ...

after Steve Jobs' comeback in 1997. York was also an enthusiast of alternative energy, particularly wind energy. He was the CFO and a member of the board at USWind, a wind energy company of which he was a co-founder and active management team member. York believed that moving the turbine from adjacent to the blades to on the ground, by using a series of conveyor belts, would significantly increase height, decrease weight, and improve efficiency of wind power generation. York was also part of a team developing the next generation portable computer. York was hospitalized on March 17, 2010, after collapsing in his suburban Detroit home from a brain aneurysm. He died the next day.

References

{{DEFAULTSORT:York, Jerry 1938 births 2010 deaths Deaths from intracranial aneurysm Massachusetts Institute of Technology alumni People from Rochester, Michigan United States Military Academy alumni Ross School of Business alumni Directors of Apple Inc. Military personnel from Michigan