Apple director, auto industry reformer Jerome York in Michigan hospital
By APThursday, March 18, 2010
Apple director, ex-auto exec York hospitalized
DETROIT — A spokeswoman says Apple Inc. board member and former auto industry executive Jerome York has been hospitalized in Pontiac, Mich.
The Wall Street Journal says York had a brain aneurysm on Tuesday and is gravely ill.
A spokeswoman for POH Regional Medical Center confirms the 71-year-old York is in the hospital but has no further information.
York worked for all three Detroit automakers starting in the 1960s. He helped Chrysler survive its first government bailout in 1980 and later helped oversee costs cuts and a return to profitability at the automaker. He made similar moves as IBM Corp.’s chief financial officer in the 1990s.
He also advised investor Kirk Kerkorian in a later takeover attempt of Chrysler and in efforts to reform GM.
