Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Cattle Boards
Trucks, Tractors & Machinery
Dodge is down, Chev next?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="DiamondSCattleCo" data-source="post: 662755" data-attributes="member: 2862"><p>From Automotive News:</p><p></p><p>Chrysler to replace Nardelli with former Duracell chief</p><p></p><p>Kidder to get chairman title; Fiat's Marchionne has said he'll be CEO</p><p></p><p>Dave Guilford</p><p>and Chrissie Thompson</p><p>Automotive News | May 20, 2009 - 3:54 pm EST</p><p></p><p>DETROIT -- C. Robert Kidder, former chairman of Borden Chemical Inc. and </p><p>of Duracell International Inc., will become chairman of Chrysler Group </p><p>LLC after it enters an alliance with Fiat S.p.A.</p><p></p><p>Kidder, 64, will succeed Robert Nardelli when Chrysler Group completes </p><p>its acquisition of the operating assets of its bankrupt predecessor and </p><p>completes the Fiat partnership.</p><p></p><p>Kidder will not take the CEO post. A board of directors to be selected </p><p>after the alliance is complete will choose a CEO with Fiat's </p><p>concurrence, Chrysler said. Fiat CEO Sergio Marchionne has said he will </p><p>become Chrysler's chief executive.</p><p></p><p>Kidder is chairman and CEO of 3Stone Advisors LLC, an investment firm </p><p>that focuses on clean-tech companies. Kidder serves on the boards of </p><p>Morgan Stanley, where he is the lead director, as well as </p><p>Schering-Plough Corp. and Microvi Biotech Inc.</p><p></p><p>A former Ford Motor Co. consultant, Kidder holds a master's degree in </p><p>industrial economics from Iowa State University and a bachelor's degree </p><p>in industrial engineering from the University of Michigan.</p><p></p><p>"I am confident that Chrysler will emerge from Chapter 11 a lean and </p><p>powerful competitor, combining its own rich history of innovation with </p><p>Fiat's technology and expertise to invigorate the American car market </p><p>and to challenge other car companies around the globe," Kidder said in a </p><p>statement.</p><p></p><p>Nardelli was installed as Chrysler's chairman and CEO when Cerberus </p><p>Capital Management LP bought the automaker in August 2007. He announced </p><p>his plan to leave the company on April 30, the day it declared </p><p>bankruptcy. He will return to Cerberus as an adviser.</p><p></p><p>Kidder and his family live in Columbus, Ohio.</p></blockquote><p></p>
[QUOTE="DiamondSCattleCo, post: 662755, member: 2862"] From Automotive News: Chrysler to replace Nardelli with former Duracell chief Kidder to get chairman title; Fiat's Marchionne has said he'll be CEO Dave Guilford and Chrissie Thompson Automotive News | May 20, 2009 - 3:54 pm EST DETROIT -- C. Robert Kidder, former chairman of Borden Chemical Inc. and of Duracell International Inc., will become chairman of Chrysler Group LLC after it enters an alliance with Fiat S.p.A. Kidder, 64, will succeed Robert Nardelli when Chrysler Group completes its acquisition of the operating assets of its bankrupt predecessor and completes the Fiat partnership. Kidder will not take the CEO post. A board of directors to be selected after the alliance is complete will choose a CEO with Fiat's concurrence, Chrysler said. Fiat CEO Sergio Marchionne has said he will become Chrysler's chief executive. Kidder is chairman and CEO of 3Stone Advisors LLC, an investment firm that focuses on clean-tech companies. Kidder serves on the boards of Morgan Stanley, where he is the lead director, as well as Schering-Plough Corp. and Microvi Biotech Inc. A former Ford Motor Co. consultant, Kidder holds a master's degree in industrial economics from Iowa State University and a bachelor’s degree in industrial engineering from the University of Michigan. "I am confident that Chrysler will emerge from Chapter 11 a lean and powerful competitor, combining its own rich history of innovation with Fiat's technology and expertise to invigorate the American car market and to challenge other car companies around the globe," Kidder said in a statement. Nardelli was installed as Chrysler's chairman and CEO when Cerberus Capital Management LP bought the automaker in August 2007. He announced his plan to leave the company on April 30, the day it declared bankruptcy. He will return to Cerberus as an adviser. Kidder and his family live in Columbus, Ohio. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Cattle Boards
Trucks, Tractors & Machinery
Dodge is down, Chev next?
Top