Did George Romney turn down the presidency of Packard?

Posted by Dan On 2012/10/18 14:05:39
The following quote is from an article on the Rambler on ateupwithmotor.com ...

"In 1948, Mason hired Romney, who at the time was president of the Automobile Manufacturer's Association (AMA), as his special assistant. Romney was a hot commodity in the auto industry, and to take Mason's offer, he actually turned down a far more lucrative offer from Packard."

True?

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