Many people seem surprised by the depth of job cutbacks at Chrysler--11,000 more hourly and salaried jobs in the United States and Canada, and reduced shifts at five other plants. That comes on top of 13,000 job cuts earlier this year. But this is the new reality...
Another New Face at ChryslerNardelli from Home Depot to Chrysler hmm..You know, I am recalling Jim Kramer's remarks about Nardelli at Home Depot Kramer calls it Home Despot and my personal experience shopping at Home Depot and how the stores look like trash (look more like Builder's Square did then...
Now that Chrysler is privately owned, executives can focus on the long-term without worrying about reporting quarterly or annual profit-and-loss statements. Some skeptics are questioning, however, whether new CEO Robert Nardelli ("synonymous with corporate excess") has been charged with turning the company around or merely protecting Cerberus' investment. If he's...
Jan 09, 2007 (The Australian Financial Review - ABIX via COMTEX) -- Home Depot is keen to overcome the investor backlash from its executive remuneration practices. Following the ousting of CEO Robert Nardelli on 2 January 2007, with a golden handsha Jan 09, 2007 (The...
Bob Nardelli resigned his position as The Home Depot's chairman, president and CEO effective January 2, 2007, following a year of negative publicity concerning his stewardship of the industry's largest retailer. Bob Nardelli resigned his position as The Home Depot's chairman, president...
-- Trevor M. Creed to retire after 23 years of service with the Company -- Ralph V. Gilles named Vice President - Design -- Andreas A. Schell named Vice President - Electrical / Electronics Engineering Core AUBURN HILLS, Mich., Aug. 18 /PRNewswire/ --...
- Chrysler selected among fifteen leading employers to receive top honor for Guard and Reserve support - Award recognizes Chrysler's leadership for supporting its employees and their families while on duty - Chrysler to receive Freedom Award on September 18, 2008, at the...
- Nancy A. Rae Appointed Executive Vice President - Human Resources and Communications - John S. Franciosi, Senior Vice President - Employee Relations Announces Retirement - Al Iacobelli - Vice President of Employee Relations realigned to report to Nancy Rae -...
Executives' salaries at Long Island's public companies aren't keeping up with inflation, bonuses are down and stock options have fallen out of favor. But compensation is increasing as companies pump up stock awards and incentive-based cash bonuses. Total compensation...
WASHINGTON AFP — Sacked American International Group chief executive Martin Sullivan is likely to walk away with a severance package of as much as 68 million dollars, a corporate watchdog group said Tuesday. The Corporate Library, a group that tracks governance and compensation issues, made the...
LOS ANGELES -- Stephen Xavier today issued the following op-ed: Many high-level decision-makers have been celebrated by the press for recession-busting during this sluggish economy, while others stumble. H-P's Ann Livermore, for instance, gets top grades for keeping her eye on the big picture, and...
Byline: Bradford Wernle CEO Bob Nardelli has asked Chrysler LLC's dealers nationwide to donate $5,000 apiece to the Walter P. Chrysler Museum. Chrysler, which has operated the museum as part of its communications department, is setting up...
Give credit to Chrysler LLC's management for finding creative ways to shed unnecessary or unwanted operations. Spinning off the automaker's Walter P. Chrysler Museum into a charitable 501c3 corporation is a bold stroke that can help the museum grow. CEO...
Byline: Bradford Wernle Daimler AG still owns 19.9 percent of Chrysler LLC, but the German carmaker has slashed the book value of its stake by nearly two-thirds to reflect ongoing losses at its former U.S. unit. Last...
Byline: Bradford Wernle When Daimler and Chrysler divorced last summer, Chrysler kept a small but significant subsidiary. With gasoline prices soaring and no relief in sight, Chrysler's Global Electric Motorcars could come in handy as appetites...
Interactive "SHIPWRECK! Pirates & Treasure" Exhibit Makes a Big Splash at DSC TAMPA, Fla. -- Mark D. Gordon, President of Odyssey Marine Exploration, Inc. (Nasdaq:OMEX), the world leader in the field of deep-ocean shipwreck exploration, will deliver the keynote speech at the 2008 Detroit Science Gala hosted by...
Byline: KEITH CRAIN I can only imagine the folks at Cerberus looking at one another and wondering how they ever got involved in the automobile business. What appeared to be a simple, straightforward means of making a ...
Byline: Bradford Wernle, Richard Truett Chrysler and Nissan have barely scratched the surface when it comes to sharing products and powertrains - a sign that their new tactical alliance could grow into a major strategic partnership. With...
Stephen Feinberg is no Howard Hughes after all. The reclusive chairman of Cerberus Capital Management, who generally refuses interviews and won't allow his picture to be taken, seems to have realized that the silent treatment may not be the best option when you ...
DETROIT, Michigan AFP — Chrysler LLC chief executive Robert Nardelli denied reports Thursday that the US carmaker was in talks with Italy's Fiat about a possible alliance. "There are no talks," Nardelli said after a speech in Detroit, Michigan, rejecting reports in Europe that Chrysler was in talks...
Choose up to 5" more legroom with Economy Plus. Starting at $14.
Powerful, Dell is built to fit your business needs Customized systems, experts trained in small business, 24/7/365 support, and powerful, reliable technology. Dell, big results for small business.
Innovative USB Sleep'n Charge. Stylish Fusion™ finish. Ultra-portable. It's clear why the Satellite® U405 is a smart choice for you and your small business. Only from the laptop expert, Toshiba.
