American businessman (1924–2019)
Lido Anthony "Lee" Iacocca (October 15, 1924 – July 2, 2019) was an American automobile executive best known for the development of the Ford Mustang and Ford Pinto cars while at the Ford Motor Company in the 1960s, and for reviving the Chrysler as its CEO during the 1980s. He was president and CEO of Chrysler from 1978 and chairman from 1979, until his retirement at the end of 1992. He was one of the few executives to preside over the operations of two of the Big Three automakers.
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Beacham used to talk about street smarts, the things you just know, the basic lessons that can’t really be taught. “Remember, Lee,” he would say, “the only thing you’ve got going for you as a human being is your ability to reason and your common sense. That’s the only real advantage we’ve got over the apes. Remember, a horse is stronger and a dog is friendlier. So if you don’t know a dip of horseshit from a dip of vanilla ice cream — and a lot of guys don’t — that’s just too bad, because then you can never really make it.
But I do think that our national leadership consists of too many lawyers and not enough people from business. I’d like to see a system where we brought in twenty top managers to run the business side of the country and maybe even paid them $1 million a year, tax-free. That would be a real incentive, and then we’d see a lot more talented people interested in public life.