Donald E. Petersen, the former Ford Motor Co. CEO whose visionary leadership won praise for saving the company in the 1980s, died Wednesday at his home in Bloomfield Hills at age 97, according to numerous reports citing a family member.
Petersen, a mechanical engineer and native of Pipestone, Minnesota, began at Ford in 1949 and left in 1990. He spent his last decade at the top — as chief operating officer from 1980-85, then chairman and CEO from 1985 to 1990...
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Petersen, a mechanical engineer and native of Pipestone, Minnesota, began at Ford in 1949 and left in 1990. He spent his last decade at the top — as chief operating officer from 1980-85, then chairman and CEO from 1985 to 1990...
Read more