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 (commonly known as Ford) 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 automobi ...
.
Lundy was one of the
Whiz Kids, a group of 10 young and ambitious veterans of the
United States Army Air Forces
The United States Army Air Forces (USAAF or AAF) was the major land-based aerial warfare service component of the United States Army and ''de facto'' aerial warfare service branch of the United States during and immediately after World War II ...
led by
Charles B. "Tex" Thornton. Thornton offered their employment as a group to
Henry Ford II
Henry Ford II (September 4, 1917 – September 29, 1987), sometimes known as "Hank the Deuce", was an American businessman in the automotive industry. He was the oldest son of Edsel Ford I and oldest grandson of Henry Ford I. He was president ...
, and they were hired in 1946.
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.
Links and Reference
Automotive Hall of Fame Bio* ''The Whiz Kids''; John A. Byrne; Doubleday, N.Y., 1993
{{DEFAULTSORT:Lundy, J. Edward
1915 births
2007 deaths
Ford executives
United States Army Air Forces soldiers
United States Army Air Forces personnel of World War II
American chief financial officers