Ex-Chrysler Chair Dies; Sacrificed Self For Company

The New York Times, Friday, February 19, 2016 8 AM

John J. Riccardo, who as chairman and CEO of Chrysler recruited Lee Iacocca before stepping aside as the automaker neared bankruptcy, has died at 91. In his autobiography, Iacocca said of Riccardo, “But one thing was perfectly clear: John was sacrificing himself to save the company. He was over his head and he knew it. He blew himself out of the water to bring Chrysler back to life. And that is the test of a real hero.”

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