RARE "Borg Warner " Roy Ingarsoll Hand Signed 3X5 Card For Sale

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RARE "Borg Warner " Roy Ingarsoll Hand Signed 3X5 Card:
$499.99

Up for sale a VERY RARE! "BorgWarner" Roy Ingarsoll Hand Signed 3X5 Card.

ES-1312

Robert Stephen Ingersoll (January

28, 1914 – August 22, 2010) was an American businessman and former diplomat. Ingersoll

was Chief executive officer and

Chairman of the Board of BorgWarner and his international

business experience was an important factor in his selection as United States Ambassador

to Japan from 1972 to 1973, and assistant Secretary of State

for East Asian and Pacific Affairs from 1973 to 1974, both during

President Richard Nixon's term in

office. He served as United

States Deputy Secretary of State from 1974 to 1976 under both

Presidents Nixon and Gerald Ford. Ingersoll was

born on January 28, 1914 in Galesburg, Illinois. he attended the Phillips Academy in Andover, Massachusetts and

graduated from the Sheffield Scientific

School at Yale University in 1937. After two years with the Armco Steel Corporation, he was hired in 1939 by his father's

company, Ingersoll Steel and Disc Company. The company was a subsidiary of

Borg-Warner, and he was named in 1942 as works manager of the firm's Kalamazoo, Michigan plant

and as head of its Chicago plant in 1945, before being

named as division vice president in 1947 and president in 1950 and then as

Borg-Warner administrative vice president in 1953. Ingersoll was named in

1956 as the firm's president and chief operating officer, succeeding his father

in the post. He was named as that firm's chairman and chief executive in 1961. As

CEO, Ingersoll was an active supporter of Urban League programs,

supporting "better housing, economic opportunities and voting rights for

the colored race" and noting that "[o]ur labor force will be

increasingly Negro".By 1972, the firm did business in 22 countries around

the world and had global sales of $1.15 billion. Shifting to foreign car

companies as U.S. domestic manufacturers bought production in house, by 1971

Ingersoll saw automobile transmission sales

increase more than tenfold to 487,000 units in the preceding in dealing with business ventures in Japan played

a major role in his choice by President Nixon as United States Ambassador to

Japan in 1972, where he was only the second person who was not a career

diplomat to be chosen in the period following World War II and the first

businessperson to be selected. Ingersoll helped deal with differences between

the nations regarding Japan's $3.5 billion trade surplus with the United States, negotiating

agreements that led to Japanese imports in excess of $1 billion worth of

American agricultural and manufactured products. In 1974, he was named as Assistant Secretary of State for East Asian and Pacific Affairs and

served in that post until 1976. After the Lockheed bribery scandals were

disclosed to the public, Ingersoll played a lead role in the State Department's

handling of the affair, which he stated had done "grievous damage" to

U.S. foreign relations, with Lockheed having paid $3 million in bribes to the office

of Japanese Prime Minister Kakuei Tanaka and more than $1 million in improper

payments to Prince Bernhard of

the Netherlands. The scandal led to the downfall of governments

overseas and the resignations of two senior Lockheed officials. As a trustee of

the Aspen Institute of Humanistic Studies,

he was an active participant in the organization's programs conducted in Colorado, where he participated in discussions with labor

officials, politicians and religious leaders on major issues facing society in

addition to skiing. Ingersoll was former Chairman of the Panasonic Foundation and also served as the Vice

President of the Board of Directors of the United States Chamber of

Commerce. Ingersoll died at age 96 on August 22, 2010, at his home

in Evanston, Illinois. He was survived by three daughters,

11 grandchildren and 21 great-grandchildren. His wife, the former Coralyn Reed,

died in 2001 after 63 years of marriage.

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