Executives

Durant loses GM a 2nd time; Sloan and DuPont usher in the modern era

Pierre DuPont and John Raskob: Allies in launching a new corporate era (HAGLEY MUSEUM AND LIBRARY)
RA
By:
Ronald Ahrens
September 14, 2008 05:00 AM
Pierre DuPont at GM

1915: Billy Durant regained control of GM; Pierre DuPont named chairman.

1920: Durant ousted; DuPont reluctantly added duties of president to protect family's investment in GM.

1922: DuPont took over Chevrolet when general manager became ill.

1923: Alfred Sloan became president of GM; DuPont continued as chairman.

1923: Sloan hired William S. Knudsen to run Chevrolet.

1928: DuPont resigned as GM chairman.

At age 50, all Pierre DuPont really wanted to do was work in his garden.

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