About
Lido Anthony "Lee" Iacocca was a prominent American author, engineer, and automotive executive. He is best known for his leadership roles at Ford Motor Company and Chrysler Corporation. At Ford, he spearheaded the development of iconic cars like the Mustang and Pinto, and later, as CEO of Chrysler, he orchestrated a remarkable turnaround of the struggling company in the 1980s.
Career Timeline
Joins Ford Motor Company
Iacocca starts his career at Ford, beginning his ascent in the auto industry.
Introduces Ford Mustang
The Mustang's success elevates Iacocca's status within Ford.
Fired from Ford
A falling out with Henry Ford II leads to his dismissal.
Joins Chrysler as CEO
Iacocca takes over Chrysler and begins its turnaround.
Secures Government Loan Guarantees
Iacocca persuades the government to guarantee loans, saving Chrysler.
Introduces Chrysler Minivan
The minivan becomes a hit, solidifying Chrysler's recovery.
Retires from Chrysler
Iacocca retires after successfully reviving Chrysler.
Death and Legacy
Iacocca's death marks the end of a legendary career in the automotive industry. His turnaround of Chrysler is remembered.
Legacy in Automotive History
Continues to be regarded as influential business leader.
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Last updated: February 23, 2026