Harold Arthur Poling

Harold Arthur "Red" Poling (October 14, 1925 – May 12, 2012) was an American automobile businessman who was CEO and chairman of Ford Motor Company from 1990 to 1993.

Early life and education

Poling was born October 14, 1925, in Troy, Michigan, and grew up in Fairfax, Virginia, in Northern Virginia.<ref name='latimes-obit'>Template:Cite web</ref> Poling graduated from Monmouth College in 1949. He earned his MBA at Indiana University.

Career

United States Navy

Poling was a fighter pilot in the United States Navy. His sometime corporate rival, Robert Lutz, had been a fighter pilot in the United States Marine Corps. Their clashes sometimes led subordinates to joke about "who won the dogfight today?"Template:Citation needed

Ford Motor Company

Poling started at Ford Motor Company as an intern, while still attending Indiana University.<ref name='latimes-obit'/> After school, he took a job in 1951 as a cost analyst at Ford's Steel Division. Poling made his swift climb through the company as a financial executive, manager, assistant controller, and controller of the transmission and chassis division during the 1960s, then as controller of the engine division, then controller of the car product development group. During this time he was responsible for codification of much of Ford's "Finance Manual", directing his subordinates in standardization of the company's financial reporting and analysis practices. During the mid-1970s he worked in Ford's European Operations.<ref name='latimes-obit'/>

In the late 1970s he was vice president of corporate staffs, then in 1980 replaced William O. Bourke as executive vice-president of North American Automotive Operations (the company's biggest operating unit). The company was in cash and cost trouble, and Bourke refused to make some of the cost cuts that chairman Philip Caldwell thought necessary. Poling was never averse to cutting cost and succeeded in returning the unit to profitability. He was often cited as the man that saved Ford Motor Company in the 80's.Template:Citation needed

He was the president of the Ford Motor Company between February 1985, and October 1987, when he took the role of second vice chairman alongside then vice chairman William Clay Ford Jr.<ref name='vice-chairman-poling'>Template:Cite web</ref> He became the CEO and chairman in March 1990, and remained in that role until 1993.<ref>Template:Cite news</ref><ref name='petersen-leaves'>Template:Cite web</ref> He made his mark at Ford's European operations in the late 1970s and was widely considered as a savior of the company in his stint as executive vice-president for North America in the early 1980s.

Personal life

Poling married Marian Lee in 1957.<ref name='latimes-obit'/> He had three children: Pamela, Kathryn, and Douglas.<ref name='latimes-obit'/> Poling was an avid and accomplished golfer.<ref name="profile">Template:Cite news</ref>

Death

He died at the age of 86 on May 12, 2012, at his home in Pacific Grove, California.<ref name='reuters'>Template:Cite web</ref>

Awards and honors

In 1993, Poling was awarded the Lone Sailor Award by the U.S. Navy Memorial Foundation for his naval career.

External links

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