Lee A. Iacocca '45
Former CEO and Chairman of the Board,
Lee A. Iacocca is the former Chief Executive Officer and Chairman of the Board of Chrysler Corporation. He joined the company in November 1978 and retired in December 1992. He retired as Director in September 1993 and continued to serve as a consultant to Chrysler until 1994. His greatest achievements while at Chrysler included development of the original “Minivan” vehicle platform with front wheel drive, and engineering of the bankruptcy rescue of Chrysler Corporation saving 600,000 jobs.
Before Chrysler, Mr. Iacocca spent 32 years with Ford Motor Company. During his career at Ford, he rose from Management Trainee to President and Chief Operating Officer and a member of Ford’s Board of Directors. He served in those capacities until October 1978. During his tenure at Ford, he was credited with the creation and development of the Mustang automobile, the “Performance Era” Ford cars and ushered prosperity into the company.
He is Chairman of The Iacocca Foundation, a philanthropic organization he established in 1984, dedicated to educational projects and the advancement of diabetes research. He is Chairman Emeritus of The Statue of Liberty-Ellis Island Foundation and led (as a request from President Ronald Reagan) the effort to restore the Statue of Liberty, and its companion monument, Ellis Island.
Mr. Iacocca is an Honorary Trustee of Lehigh University, and in 1987 founded Iacocca Institute at Lehigh. Its goal is to make American industry more competitive in the international marketplace.
Mr. Iacocca is the author of three best-selling books, IACOCCA, TALKING STRAIGHT and WHERE HAVE ALL THE LEADERS GONE? From 1985 to 1992 he wrote a nationally syndicated newspaper column. He has given over 600 speeches to business groups and universities, receiving numerous honorary doctorate degrees.
He earned a Bachelor of Science degree in industrial engineering from Lehigh University in Pennsylvania in 1945 and a Masters’ degree in mechanical engineering from Princeton University in 1946.
Lee (Lido Anthony) Iacocca was born October 15, 1924 in Allentown, Pennsylvania.
Mr. Iacocca is an honorary member of the Dean's Advisory Council.