Re: Had They Merged

Posted by Packard53 On 2008/12/23 20:49:41

If the merger would have gone through combining Hudson, Packard and Nash, this would have been the pecking order of the leadership.

1. Mason President and Chairman of the Board
2. Romney as Executive Vice President
3. Nance as Vice president and Manager of the Packard
Division.
4. Abraham from Hudson would have had a seat on the new
Board of Directors.

Studebaker was never considered part of the equation in the merger talks that took place between the three auto firms.

The reason the merger failed to take place is because Nance wasn't going to place second fiddle to either Mason or Romney. Nance upon learning that he wouldn't be head of the new company, convinced Packard's Board to back out of the deal.

John F. Shireman