Description:
(Business Executive) Errett Lobban "E. L." Cord was an influential American business executive in the transportation industry in the early to mid-20th century. He founded the Cord Corporation in 1929, serving as a holding company for numerous transportation-related businesses. Cord's corporation controlled prominent companies such as Auburn Automobile Company, Lycoming Engines, Duesenberg Inc., New York Shipbuilding, Checker Motors, Stinson Aircraft Company, and American Airways (later American Airlines). Additionally, he played a key role in the Aircraft Development Corporation and its contributions to the development of the Vultee V-1.