Economics
Philip Caldwell, First Ford CEO Who Wasn’t Ford, Dies
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Philip Caldwell, Ford Motor Co.’s first chief executive officer who wasn’t a member of the founder’s family, and who gambled the automaker’s future on the Taurus sedan in the 1980s, has died. He was 93.
He died July 10 at his home in New Canaan, Connecticut, his family said in a statement provided by the company. The cause was complications of a stroke.