Armund Schoen, a pioneer of automotive fleet leasing and an industry leader, passed away on December 6, 1992, at age 84.

 

Schoen, along with his late brother-in-law, Zollie Frank, co-founded Wheels, Inc. in 1939. Schoen also helped found the American Automotive Leasing Association in 1955 and served as its first president.

 

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