Scribner to Publish New Book from Auto Legend Lee Iacocca

NEW YORK, June 7 -- Scribner, an imprint of the Simon & Schuster Adult Publishing Division, will publish a new book by New York Times bestselling author and legendary business icon Lee Iacocca in time for Father's Day 2007. The book, titled "WHERE HAVE ALL THE LEADERS GONE?" will showcase Iacocca's forthright and provocative opinions on a series of topics that are critical to the future of America and its citizens.

Iacocca asks and addresses questions on leadership in government and business, what happened to the American automotive industry, the relationship between America and its allies, the challenge to America from China and India, and the future for American workers and their families. It's a no-nonsense perspective on what's wrong -- and how to fix it.

Jack Romanos, President and CEO of Simon & Schuster, Inc., acquired world rights to "WHERE HAVE ALL THE LEADERS GONE?," which will be edited by Scribner Senior Editor Colin Harrison. Terms of the publishing agreement were not announced.

The acquisition reunites Iacocca and Romanos, who as author and publisher collaborated on Iacocca's first book, "IACOCCA: An Autobiography" (1984.) The book sold more than six and a half million copies, made publishing history, was published in seventeen countries and broke bestseller records around the world. Mr. Iacocca's second book, "Talking Straight" (1988), was also published to great success, and spent more than seven months on the New York Times bestseller list.

"Lee Iacocca is our country's most beloved business leader, the author of one of the bestselling autobiographies of all time, and is trusted by millions of Americans," said Romanos. "His opinions -- on a wide variety of current affairs -- matter, and readers will respond to both his wisdom, which was forged in the crucible of an exemplary career in American business and public service, and the straightforward manner which has made him so phenomenally popular."

"I'm writing this book because I flunked retirement," said Iacocca. "There is too much happening in the world and too much to be done to sit on the sidelines. I hope that with this book I can engage others to take action to address the myriad challenges we face at home and abroad. This is urgent. We are a great people with a great history and yet we need to wake up and make changes."

In the years since leaving the Chrysler Corporation, Iacocca has turned his visionary thinking to pinpoint issues which have become this generation's crises. He established the Iacocca Institute at Lehigh University in 1988 to understand the effects of globalization; he's raised millions for the Statue of Liberty - Ellis Island Foundation knowing the central role immigration has played in creating the strength and diversity of the American people. Mr. Iacocca is also Chairman of the Advisory Board of Nourish the Children, a global program to alleviate hunger in children.

His driving force in life is to find a cure for diabetes. He continues to support innovative research that, in 2003 successfully cured the disease in mice. A grassroots campaign to raise funds continues in order to translate this research to human clinical trials.

Last year the Chrysler Corporation featured Iacocca in a well-received series of television advertisements. The commercials helped Chrysler Group, now part of DaimlerChrysler, sell a record 240,146 vehicles in July, a 32% jump over July 2004.

"The audience response to him was passionate and immediate," noted Romanos. "Lee connects with viewers of all ages, and is fondly remembered from his earlier days as Chrysler CEO and spokesperson."

"We're delighted that Mr. Iacocca is bringing his optimism, enthusiasm, and thought-provoking insights to Scribner," said Susan Moldow, Executive Vice President and Publisher. "He's refreshing and honest, and I'm confident that readers will find these new observations enormously rewarding."

Scribner is a division of Simon & Schuster, part of the entertainment operation of CBS Corporation, a global leader in the field of general interest publishing, dedicated to providing the best in fiction and nonfiction for consumers of all ages, across all printed, electronic and multi-media formats. Its divisions include the Simon &Schuster Adult Publishing Group, Simon & Schuster Children's Publishing, Simon & Schuster Audio, Simon & Schuster Digital, and international companies in Australia, Canada, and the United Kingdom. For more information, visit our website at http://www.simonsays.com/