Executives: An Expected Departure

In the clouds over the Atlantic aboard Pan American Flight 55 last month, Ford Vice Chairman Arjay Miller leaned over to his companion and said he intended to quit. He said he had been invited to head Stanford University's Graduate School for Business effective next July. Miller recalls: "Mr. Ford understood why I wanted to go." So did other automen in Detroit. Miller's leavetaking had been expected since February, when Henry Ford II raided General Motors and came away with Semon E. Knudsen to replace him as president at Ford. Miller at 51...

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