Alfred P. Sloan

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Cover of Time Magazine (December 27, 1926)

Alfred Pritchard Sloan, Jr. (May 23, 1875 – February 17, 1966) was the president and chairman of General Motors.

Sloan was born in a business family. He passed the examination of Massachusetts Institute of Technology when he was very young. When he was 26 his father bought a bearing company and made him president. The company did well and Sloan became president of General Motors. He managed the company with a new combination of centralization and decentralization and led the company into prosperity.

Besides, he was a philanthropist who donated considerable money to charity.[1]

References[change | change source]

  1. Alfred P. Sloan. (December 12, 1998). Encyclopedia of World Biography. Web. Retrieved on May 25, 2014.