Complex sentence: In 1953, the family moved from Detroit to the affluent suburb of Bloomfield Hills and his father became the chairman and CEO of American Motors the following year and helped the company avoid bankruptcy and return to profitability.
Split into simpler sentences: In 1953, the family moved from Detroit to the affluent suburb of Bloomfield Hills. His father became the chairman and CEO of American Motors the following year and helped the company avoid bankruptcy and return to profitability.