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Cummins Forum News  News and CF Staff Updates to the Members. Plans, site changes, things to look forward to, etc. Only staff may start new threads. |
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08-21-2009, 02:38 PM
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#1 (permalink) |
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Administrator
 
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Report: Chrysler Deputy CEO Jim Press to Leave By Year's End
 Chrysler's deputy CEO Jim Press is planning to quit his post before the year's end, reports the Wall Street Journal. Press took the helm of Chrysler in 2007 when Cerberus Capital Management took a controlling share in the company. He moved to the position after a lengthy 37-year career at Toyota Motor Corp. When Chrysler emerged from Bankruptcy in June under new ownership by Fiat, Pres was made deputy CEO under the leadership of Fiat boss Sergio Marchionne. Under the old Chrysler System, Press worked alongside former Chairman Robert Nardelli and vice-chair Tom LaSorda. But when Chrysler filed for bankruptcy LaSorda annouced his retirement. Then upon emerging from bankruptcy under the ownership of Fiat, Nardelli also stepped down. Neither Press nor Chrysler have made any official announcements regarding Press's decision to leave. More: Report: Chrysler Deputy CEO Jim Press to Leave By Year's End on AutoGuide.com |
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08-24-2009, 10:54 AM
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#2 (permalink) |
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Newbie
 
Join Date: Aug 2009
Location: Flat Rock, Michigan
Posts: 12
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What Exactly did he do?
How many millions was he paid and what exactly did he do for Chrysler?
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"Life isn't about how to survive the storm, but how to dance with the rain" |
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