Louis F. Polk, Jr.
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Louis F. "Bo" Polk Jr. (born c. 1930) is an American businessman who was briefly president of
MGM Metro-Goldwyn-Mayer Studios Inc. (also known as Metro-Goldwyn-Mayer Pictures, commonly shortened to MGM or MGM Studios) is an American Film production, film and television production and film distribution, distribution company headquartered ...
.


Biography

Polk had studied engineering at Yale and had an MBA from Harvard. He joined
General Mills General Mills, Inc. is an American multinational corporation, multinational manufacturer and marketer of branded ultra-processed consumer foods sold through retail stores. Founded on the banks of the Mississippi River at Saint Anthony Falls in ...
in
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in 1960, working as financial controller and director, instigating rapid change, becoming a youth-conscious organization with a growing group of young managers and closing almost half of their mills and diversifying into other businesses such as
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and
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. He had no previous involvement in movie making but he had impressed Edgar Bronfman, Sr. then the major shareholder in MGM. There was opposition to his appointment within MGM but he was elected as a director in December 1968 and named president in January 1969. Polk replaced Robert O'Brien. He was greeted with reports of MGM incurring a loss of $2.5 million for the first financial quarter. Polk said he became interested in making the film after watching ''Blow Up''. He hired Harvard MBAs to work as executive assistants at the studio and appointed
Herbert F. Solow Herbert Franklin Solow (December 14, 1930 – November 19, 2020) was an American motion picture and television executive, screenwriter, motion picture and television producer, director and talent agent. Biography Solow was born to a Jewish ...
as head of production. During the year it became apparent MGM would record a loss of $19 million. Polk and Solow decided to drop a number of projects to which MGM had the rights, including ''Rosencrantz and Guilderstern are Dead'', ''The Homecoming'', ''Baker Street'' and the musical ''Say It with Music''. The following films were announced under Polk's regime: *''
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'' *''
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'' *''
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'' *''
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'' *''The Adventures of Augie March'' directed by
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*''Man's Fate'' to be directed by Fred Zinnemann *''She Loves Me'' directed by
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and starring
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– adapted from ''
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'' *''The Ballad of Dingus McGee'' *''Tai Pan'' from the novel by James Clavell starring Patrick McGoohan ''Augie March'', ''Man's Fate'', ''Tai Pan'' and ''She Loves Me'' were all cancelled and ''Dingus McGee'' was made later. There were also several TV series made at the studio: ''
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'', ''
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'' and '' Medical Center''. Polk lasted less than a year in the job.
Kirk Kerkorian Kerkor Kirk Kerkorian (; 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 Beverly Hills, California. Kerkorian ...
moved to control the company and eventually succeeded. When he did so he put James T. Aubrey as president. Following Polk's resignation MGM reported a $35 million loss, as opposed to the predicted $19 million. Polk then sued MGM and Kerkorian for $4 million.


References

{{DEFAULTSORT:Polk, Louis F. Year of birth uncertain Living people General Mills people Harvard Business School alumni Metro-Goldwyn-Mayer executives Yale University alumni Year of birth missing (living people)