With the historic sale of Chrysler to Cerberus Capital Management concluding last Friday, the born again carmaker will be reverting to its classic Pentastar logo and also gets a new CEO in the process. Stepping in as the new Chief and Chairman is former Home Depot boss Bob Nardelli, who replaces current CEO Tom LaSorda. It was previously reported that LaSorda would remain as Chief, but an insider close to the deal has told Automotive News that he will remain as vice chairman and president instead.
Read Article