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- Chrysler Boss Says Cerberus Not Second Guessing Deal
- NEW YORK (Reuters) - Chrysler LLC Chief Executive Robert Nardelli said on Tuesday that the private equity buyers of auto maker Chrysler weren't second guessing their decision to buy Chrysler, and that the business was ahead of target. Nardelli said at a Wall...
- News items 2008-06-10
- Does the Transition at Chrysler Signal Big Changes for the Big 3?
- Cerberus Capital Management LP announced today that former Home Depot Inc. Chief Executive Officer Robert Nardelli will take on the role of CEO at Chrysler, unleashing a flood of speculation about the meaning of the appointment. Nardelli left Home Depot under a cloud of controversy surrounding his compensation and the...
- Blog posts 2007-08-06
- Can a New Product Strategy Save Chrysler?
- 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...
- Blog posts 2007-08-23
- Chrysler, Private Equity and The Future Auto Industry
- 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...
- Blog posts 2007-11-02
- The Coke Board Gets It: A Lesson in CEO Succession
- Bravo to the board of Coca-Cola and Chairman and CEO Neville Isdell: This is how to handle CEO succession. Isdell, who is 64, announced he would step down as CEO and turn over the reins to Muhtar Kent, 55, who had been serving as president and chief...
- Blog posts 2007-12-10
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