Former Ford Chairman and CEO Harold "Red" Poling dies at 86
Harold A. Poling, a former Ford Motor Company chairman and CEO who was credited for reviving the company in the 1980s, died at age 86. The Detroit Free Press reports Poling passed away on May 12 in Pacific Grove, Calif.
Ford Motor Company released this statement after the news of Poling's death.
“Red Poling was an extraordinary leader who had a profound impact on Ford Motor Company and everyone who worked with him. With a list of accomplishments that span 43 years, including leading the company through a remarkable turnaround during the 1980s and 1990s, Red was respected by all for his leadership, his passion for being the low-cost producer and his genuine affinity for people. Our thoughts and prayers go out to his family.”
The Detroit News reports Poling made difficult decisions in the 1980s, including decisions that led to plant closures and layoffs, that returned the company to profitability.
But earlier than most American car executives, he studied Japanese practices such as just-in-time parts delivery.
"I took some very harsh actions back then," he told The Detroit News in 1993. "Ford was losing large sums of money, and there were no road maps for turning a company around. So it was all up to me."
Poling focused on quality. During the 1980s, Ford was counting on the new Escort to shore up sagging sales. But Poling delayed the introduction of an automatic transmission for the car until quality problems had been solved.
He also delayed the introduction of the Taurus by nine months until quality issues had been resolved.
The Detroit Free Press reports when Poling retired in 1994 "the company was preparing to launch a new Mustang, introduce its first minivan with the Windstar and sell the tiny Aspire subcompact car," and that he was part of a management team that "approved $3 billion to develop the Ford Taurus and Mercury Sable."
As a child, Poling said he spent a lot of time with his father who was a mechanic. “We’d grind valves, change piston rings and clutches and do lots of other jobs. It was serious work but to me it was interesting.”
One of four children, he enlisted in the Navy and then went to graduate from Monmouth College before receiving his MBA from Indiana University.
The Freep reports Poling's "all-time favorite car was the 1932 Ford Model A, the first car he bought, used, but in good shape."