P.M. BRIEFING : Lutz Named Chrysler President
From Times Wire Services
HIGHLAND PARK, Mich. —
Chrysler Corp. today named Robert A. Lutz president in a reorganization setting up a structure for specific vehicle development.
The move could be a sign that Lutz, 58, who worked for General Motors Corp., Ford Motor Co. and BMW before joining Chrysler in 1986, is being groomed to succeed Chrysler Chairman Lee A. Iacocca. Another executive seen as having a shot at succeeding Iacocca is Vice Chairman Robert S. Miller. His duties were unchanged.
Last June, Iacocca said he would stay on past his planned retirement in December, 1991, because of the sudden resignation of former Vice Chairman Gerald Greenwald. Greenwald, Iacocca’s heir-apparent, left the auto maker to lead an unsuccessful three-union bid to buy United Airlines.
