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August 7, 2007
Has newly privatized automaker Chrysler just gotten a CEO a little harsher than Attila, or is Robert Nardelli, ex-Home Depot CEO, a driven, goal-oriented cost-cutter who's widely misunderstood, USA Today asks.
Regardless, what happens next not only will test anew the controversial argument that only a "car guy" can run a car company, but also will become a study in the contrasting styles of the two outsiders running Detroit automakers, Nardelli and Ford Motor's Alan Mulally, hired from Boeing last September.
Nardelli — to the shock of nearly everyone — was picked to be chairman and CEO of Chrysler by private investment company Cerberus Capital Management, which bought 80% of Chrysler from German automaker DaimlerChrysler.
Cerberus had said it would leave management intact, with then-CEO Tom LaSorda, veteran of the auto industry, running the show. LaSorda becomes vice chairman and president.
Posted by Peter C. T. Elsworth 
at 11:02 AM to Chrysler
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