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Latest Jerry York Stories

2010-03-18 12:33:00

AUBURN HILLS, Mich., March 18 /PRNewswire/ -- Chrysler Group LLC wishes to express our deepest sympathies to the family and friends of Jerry York. Jerry was a significant figure on the American business landscape for many years and will be remembered for his major contributions to so many leading American companies. SOURCE Chrysler Group LLC

2010-03-18 11:00:00

CUPERTINO, Calif., March 18 /PRNewswire-FirstCall/ -- Apple® is sad to announce the death of Apple Board member Jerome B. (Jerry) York. York, the chairman, president and CEO of Harwinton Capital, joined Apple's Board of Directors in 1997. He was the former CFO of IBM and Chrysler, and former vice chairman of Tracinda. He is widely acknowledged for his contributions at Chrysler and IBM during their turnarounds. "Jerry joined Apple's Board in 1997 when most doubted the...

2006-02-07 09:30:00

DETROIT -- General Motors Corp. on Tuesday halved its dividend, the first cut in more than 13 years, and slashed executive pay as it struggles to save money after a year of billions of dollars in losses. GM's board of directors -- which had been under pressure to make these moves from Kirk Kerkorian, its largest single shareholder -- cut the dividend to an annual rate of $1 a share, saving about $565 million a year. At the same time, Chairman and Chief Executive Rick Wagoner's salary will be...

2006-01-10 15:50:00

By Tom Brown DETROIT -- An adviser to Kirk Kerkorian, the billionaire Las Vegas casino mogul who is the biggest individual investor in General Motors Corp., on Tuesday told the automaker to step up efforts to stanch its mounting financial losses. Saying it was time for GM "to go into crisis mode," Jerome York, a former Chrysler Corp. chief financial officer, urged the ailing automaker to sell off or close noncore businesses and assets and halve its $2 annual dividend, which costs the company...

2006-01-10 14:38:14

DETROIT (Reuters) - General Motors Corp. Chief Financial Officer Fritz Henderson said on Tuesday that the automaker is operating in a "crisis mode" and shares the sense of urgency of Jerome York, a close aide to billionaire investor Kirk Kerkorian. York, in a speech in Detroit, called for GM to step up efforts to stanch its mounting financial losses. "This is one of our largest shareholders who is articulating his vision for what we need to do and frankly there is a lot that he had...


Word of the Day
ween
  • To think; to imagine; to fancy.
  • To be of opinion; have the notion; think; imagine; suppose.
The word 'ween' comes from Middle English wene, from Old English wēn, wēna ("hope, weening, expectation"), from Proto-Germanic *wēniz, *wēnōn (“hope, expectation”), from Proto-Indo-European *wen- (“to strive, love, want, reach, win”).
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