Bob Stempel’s good fortune came at an inopportune time.
Trained as an engineer and hailed as the “car guy” General Motors desperately needed when he was promoted to chairman and CEO, in 1990, Stempel’s tenure at the helm of what was then the world’s largest automaker lasted just two years before he fell victim to a boardroom coup.
But the amiable executive discovered there were plenty of opportunities after GM, and despite declining health continued to work in a variety of auto and technology-related ventures right until his death, over the weekend, at 77.
Born in Trenton, NJ on July 15, 1933, Bob Stempel’s first love was engineering, and he received a bachelor’s degree in the field from Massachusett’s Worcester Polytechnic Institute. But he also recognized that engineers could only go so far in the automotive world, so Stempel landed a master’s degree in business from Michigan State University in 1970.
In 1958, three years after getting his mechanical engineering degree, Stempel landed a job as a senior detailer with GM’s Oldsmobile division. Back then, the automaker’s various divisions operated as virtually autonomous fiefdoms, and Stempel remained with Opel for a number of years and through a variety of assignments.