Encyclopedia > Alfred P. Sloan

  Article Content

Alfred P. Sloan

Alfred Pritchard Sloan, Jr. (May 23, 1875 - February 17, 1966), long-time president and chairman of General Motors, was born in New Haven, Connecticut. He studied electrical engineering and graduated from MIT in 1892.

He became president of a machine shop making ball bearings in 1899. In 1916 and 1918, his company merged with United Motors Corporation[?] and with another company to form General Motors Corporation, which started making cars. He became Vice-President, then President (1923), and finally Chairman of the Board (1937). In 1934, he established the philanthropic nonprofit Alfred P. Sloan Foundation[?].

Under Alfred P. Sloan's leadership, public transport systems of trams in the US were successively replaced by buses. Many of the trams themselves were literally burnt in order to prevent any reversal in public transport policies. Frequencies of bus services were decreased on less profitable routes, helping to encourage people to buy their own automobiles and travel independently (but with a higher fuel/km/person cost than for trolleys or even buses).

In these ways and others, Alfred P. Sloan continued to increase GM's profitability.

Under his leadership, a NPOV was adopted by General Motors during the 1920s and right through World War II, despite the alleged human rights violations[?] by the German government of the time (commonly referred to as the Holocaust) - the corporation produced trucks for both the United States and the German armed forces, without favouring one or the other. Sloan allegedly defended this NPOV, on the basis that GM's operations in Germany at that time were "highly profitable" (see US Senate report below).

Sloan retired as chairman in 1956 and died in 1966.

External links



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Brazil

... economy outweighs that of all other South American countries and is expanding its presence in world markets. Major export products include coffee, soybeans, iron ore, ...

 
 
 
This page was created in 52.3 ms