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News Watch
- 4/30/2009 3:35:27 PM
By Chip Brian, SmarTrend Analytics Team
Chrysler's CEO Robert Nardelli said today that he would leave his position after the company completes the bankruptcy. Nardelli, who said on CNBC that he was not asked to do so by the Treasury, has been standing CEO since a majority of the company was bought by Cerberus Capital Management in 2007. A new CEO will be selected by the the 9 member board of a new partnership with Fiat SpA (OTC:FIATY), who will have three slots along with the six selected by the government.
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