Chrysler is surely experiencing the largest restructuring plan it could get and, after the company’s CEO Robert Nardelli announced he will leave the company, another key official confirms his departure. This time we’re talking about Tom LaSorda, Vice Chairman and President, who decided to retire from the automaker immediately. The reason? Unknown for the time being but Chapter 11 is probably the best hint we could get.
LaSorda, born on July 24, 1954, in Windsor, Ontario, was appointed President and CEO of the Chrysler Group in 2005 after working as Chief Operating Officer for the Chrysler Group. He previously worked for General Motors in many key roles, including President of Opel Eisenach GmbH and Vice President of Quality, Reliability and Competitive Operations.
"As the head of our global business development, Tom LaSorda arranged the first meeting with Fiat and played a pivotal role in developing the alliance," said Bob Nardelli, Chrysler Chairman and CEO.
"His leadership has been instrumental in steering Chrysler through many challenges and has helped our company lay the foundation for a great future. Tom is the fourth generation of LaSordas to work for Chrysler, so he truly has the company in his blood. We thank him for his many contributions and wish him all the best in his future endeavors."
As mentioned in the first paragraph, Nardelli will also leave the company after the automaker gets out of bankruptcy, with a new board, consisting of six members picked by the US and three Fiat officials, to become responsible for the future Chrysler.
“Now is an appropriate time to let others take the lead in the transformation of Chrysler with Fiat,” said Nardelli. “I will work closely with all of our stakeholders to see that this new company swiftly emerges with a successful closing of the alliance.”
LaSorda, born on July 24, 1954, in Windsor, Ontario, was appointed President and CEO of the Chrysler Group in 2005 after working as Chief Operating Officer for the Chrysler Group. He previously worked for General Motors in many key roles, including President of Opel Eisenach GmbH and Vice President of Quality, Reliability and Competitive Operations.
"As the head of our global business development, Tom LaSorda arranged the first meeting with Fiat and played a pivotal role in developing the alliance," said Bob Nardelli, Chrysler Chairman and CEO.
"His leadership has been instrumental in steering Chrysler through many challenges and has helped our company lay the foundation for a great future. Tom is the fourth generation of LaSordas to work for Chrysler, so he truly has the company in his blood. We thank him for his many contributions and wish him all the best in his future endeavors."
As mentioned in the first paragraph, Nardelli will also leave the company after the automaker gets out of bankruptcy, with a new board, consisting of six members picked by the US and three Fiat officials, to become responsible for the future Chrysler.
“Now is an appropriate time to let others take the lead in the transformation of Chrysler with Fiat,” said Nardelli. “I will work closely with all of our stakeholders to see that this new company swiftly emerges with a successful closing of the alliance.”