Alfred P. Sloan

American businessman

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

Cover of Time Magazine (December 27, 1926)

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]

ReferencesEdit

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