J. Edward Lundy

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J. Edward Lundy (January 6, 1915 October 2, 2007) was an American automobile executive who became the chief financial officer of Ford Motor Company.

Ford Motor Company American automobile manufacturer

Ford Motor Company is an American multinational automaker that has its main headquarter in Dearborn, Michigan, a suburb of Detroit. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand and most luxury cars under the Lincoln brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom and a 32% stake in Jiangling Motors. It also has joint-ventures in China, Taiwan, Thailand, Turkey, and Russia. The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power.

Lundy was one of the Whiz Kids, a group of 10 young and ambitious veterans of the United States Army Air Forces led by Charles B. "Tex" Thornton. Thornton offered their employment as a group to Henry Ford II, and they were hired in 1946.

Whiz Kids (Ford) group of ten United States Army Air Forces veterans

The Whiz Kids were a group of ten United States Army Air Forces veterans of World War II who became Ford Motor Company executives in 1946.

United States Army Air Forces Aerial warfare branch of the United States army from 1941 to 1947

The United States Army Air Forces, informally known as the Air Force,or United States Army Air Force, was the aerial warfare service component of the United States Army during and immediately after World War II (1939/41–1945), successor to the previous United States Army Air Corps and the direct predecessor of the United States Air Force of today, one of the five uniformed military services. The AAF was a component of the United States Army, which in 1942 was divided functionally by executive order into three autonomous forces: the Army Ground Forces, the Services of Supply, and the Army Air Forces. Each of these forces had a commanding general who reported directly to the Army Chief of Staff.

Charles Bates Thornton was an American business executive who was the founder of Litton Industries.

He was assigned as financial planning manager, and his influence grew quickly. He was a leader in developing financial forecasting as a business management tool. He was also highly focused on recruiting, and was credited with developing a legion of executives. He reportedly kept records about the people who left Ford, and how well they were doing.

For several years he was deputy to Arjay Miller, a fellow whiz kid who rose to become president of Ford in the mid-1960s. Lundy was successively assistant controller and controller. He became chief financial officer in 1967 and remained in the position until he retired in 1979. He remained a member of the board of directors, reportedly at Henry Ford II's request, until 1985.

Some in Ford Motor Company's finance staff still use the term Lundyism to refer to grammatical, typographical, and formatting conventions in the preparation of financial reports.

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