![]() “The first half of 1941 is crucial,” Knudsen told a gathering of the most powerful Motor City executives. ![]() Soon after, at the New York Auto Show, Knudsen gave a keynote speech that lit the flame of industrial Detroit. So Knudsen gave up one of the most well compensated jobs in the nation to take on a government position at a salary of $1. William Knudsen was president of General Motors-the largest corporation in history-in 1940 when President Franklin Roosevelt charged him with heading up all military production in the U.S. Knudsen traded his high-paying auto-executive job for a $1 government salary to help lead Detroit's war-production effort. Roosevelt at the White House for the first meeting about the new National Defense Advisory Commission. William Knudsen, president of General Motors, meeting with President Franklin D.
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