Chrysler, Walter P.
With the growing automotive industry; Walter Percy Chrysler, who was working in railroad, was offered a job by Charles W. Nash (president of Buick Motor Company). Buick offered him $6,000 per year. He was then earning $8,000 at American Locomotive and the company had offered an increase to $12,000 if he would stay. He took the job with Buick and relocated to Flint, Michigan as a plant manager in 1912.
By 1916, he improved the production efficiency of Buick (from 45 cars per day to 550) and Durant proposed a hefty salary hike that he couldn't resist. He made Chrysler the president of Buick. Chrysler resigned as president of the Buick Motor Company and vice-president of General Motors Corporation in 1920.
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