51:. and spent two years as a broker in the investment field before an uncle put him in charge of three family-owned coal mines in Pennsylvania. Also during this time he was active in other areas—in 1926, he was a vice-president of Pittsburgh Union collieries, and in 1933 he became president.
116:, who had been picked by Love, served as the company's chief administrative officer. Chrysler rebounded under Love and Townsend. Its market share grew from 7.3% in 1962 to 16.7% in 1966. Love stepped down as chairman in 1966, but remained on the board until 1972.
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Love's coal companies were heavily invested in
Chrysler and in 1958, he was elected to the company's board of directors. He joined the company at a time of lagging sales. In 1961, Love became Chrysler's chairman of the board and chief policy officer after
27:(September 4, 1900 – July 25, 1991) was a businessman and industrialist who was in control of two major corporations—the Consolidation Coal Company and the Chrysler Corporation—and lead both back to profitability.
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47:, and then, unable to immediately find work, became a miner and overseer in one of his family's coal mines. Later, he went on to get his MBA from
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group. After his retirement, he was a chief negotiator for the coal industry as a whole with labor, leading to a 13-year period of labor peace.
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rather than private distribution, major changes in the safety requirements of coal mining, removing primitive implements such as
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After Love was able to turn things around at the first three mines, Love took control of his uncle's struggling
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238:
Ingraham, Joseph C. (September 22, 1961). "G.H. Love Is Named
Chairman And Chief of Policy at Chrysler".
212:. September 19 - October 24, 1988. Pittsburg: University of Pittsburgh, Archives of Industrial Society.
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Stetson, Damon (April 16, 1958). "Chrysler Had Loss in 1st
Quarter On Sales Decline and High Costs".
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Livingston, J.A. (October 22, 1961). "Townsend, Energetic Six-Footer, Steers
Chrysler's Comeback".
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resigned due to a conflict of interest scandal. Love worked part-time while company president
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Love was well known for his even-handed and fair negotiations with union leader
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and picks with modern mechanical equipment. He left the helm in 1956.
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in total in the year 1944. He turned things around by a series of
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Amatucci, Francis; George H Love; Catherine
Marshall (1988).
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283:"Chrysler Profit Tripled in Quarter On Record Sales".
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184:"Local Man Named Head of Large Coal Company"
164:Harvard Business School leadership database
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377:20th-century American businesspeople
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387:Businesspeople from Pennsylvania
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298:Fowler, Glenn (27 July 1991).
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190:. May 25, 1944. p. 14
61:Consolidation Coal Company
55:Consolidation Coal Company
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210:George H. Love Interviews
300:"George H Love Obituary"
65:mergers and acquisitions
285:The Wall Street Journal
270:The Wall Street Journal
188:Pittsburgh Post-Gazette
41:Phillips Exeter Academy
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397:Deaths from emphysema
137:Sunny Hill Plantation
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339:Chrysler Corporation
272:. November 30, 1966.
145:Loveridge Plantation
141:Leon County, Florida
103:Chrysler Corporation
45:Princeton University
20:Image of George Love
392:Chrysler executives
323:Business positions
97:United Mine Workers
73:M. A. Hanna Company
331:Lester Lum Colbert
240:The New York Times
225:The New York Times
169:2007-08-13 at the
110:Lester Lum Colbert
49:Harvard University
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346:Succeeded by
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133:Walter Evans Edge
35:Love was born in
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349:Lynn A. Townsend
337:Chairman of the
328:Preceded by
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37:Pennsylvania
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372:1991 deaths
367:1900 births
123:, in 1991.
361:Categories
309:2009-06-09
194:2009-06-09
173:, hbs.edu.
151:References
93:John Lewis
31:Early life
127:Interests
121:emphysema
167:Archived
95:and the
71:and the
81:mules
43:and
139:in
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
