Robert McNamara is named president of the Ford Motor Company, becoming the first non-Ford family member to serve in that post. He resigns a month later to join the newly elected John F. Kennedy administration.
Robert McNamara
Robert Strange McNamara was an American businessman and government official who served as the eighth United States secretary of defense from 1961 to 1968 under presidents John F. Kennedy and Lyndon B. Johnson at the height of the Cold War. He remains the longest-serving secretary of defense, having remained in office over seven years. He played a major role in promoting the U.S. involvement in the Vietnam War. McNamara was responsible for the institution of systems analysis in public policy, which developed into the discipline known today as policy analysis.
Ford Motor Company
The Ford Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand. The company is listed on the New York Stock Exchange under the single-letter ticker symbol F and is controlled by the Ford family. They have minority ownership but a plurality of the voting power.
John F. Kennedy
John Fitzgerald Kennedy, also known as JFK, was the 35th president of the United States, serving from 1961 until his assassination in 1963. He was the first Roman Catholic and youngest person elected president at 43 years. Kennedy served at the height of the Cold War, and the majority of his foreign policy concerned relations with the Soviet Union and Cuba. A member of the Democratic Party, Kennedy represented Massachusetts in both houses of the United States Congress prior to his presidency.