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Peter F. Drucker, expert on management, dies

LOS ANGELES (AP) — Peter F. Drucker, revered as the father of modern management for his numerous books and articles stressing innovation, entrepreneurship and strategies for dealing with a changing world, died Friday, a spokesman for Claremont Graduate University said. He was 95.

Drucker died of natural causes at his home in Claremont, east of Los Angeles, said spokesman Bryan Schneider.

"He is purely and simply the most important developer of effective management and of effective public policy in the 20th century," former U.S. House Speaker Newt Gingrich said Friday.