Lee Iacocca, Star CEO Who Led Ford, Saved Chrysler, Has Died
- He rescued Chrysler from looming bankruptcy in the 1980s
- ‘The first modern example of a charismatic business leader’
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Lee Iacocca, the U.S. auto executive and television pitchman whose feel for consumers’ changing tastes helped produce the Ford Mustang and the Chrysler minivan and made him one of the first celebrity CEOs, has died. He was 94.
His death was confirmed Tuesday by Fiat Chrysler Automobiles in a statement. The cause was complications from Parkinson’s disease, according to the Washington Post, citing his daughter Lia Iacocca Assad.