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Alfred P. Sloan facts for kids

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Alfred P. Sloan on the cover of TIME Magazine, December 27, 1926
Cover of Time Magazine (December 27, 1926)

Alfred Pritchard Sloan, Jr. (May 23, 1875February 17, 1966) was the president and chairman of General Motors.

Sloan was born in a business family. He passed the examination of Massachusetts Institute of Technology when he was very young. When he was 26 his father bought a bearing company and made him president. The company did well and Sloan became president of General Motors. He managed the company with a new combination of centralization and decentralization and led the company into prosperity.

Besides, he was a philanthropist who donated considerable money to charity.

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Alfred P. Sloan Facts for Kids. Kiddle Encyclopedia.