“I am delighted to have Scott and Walter assume key roles at Chrysler Group. Their background and expertise will support the further development of our company," Sergio Marchionne, Chrysler's CEO said in a release.
"These appointments are part of the Chrysler Group’s strategy to continuously reinforce its management team, a strategy pursued through internal professional growth and the alliance with Fiat Group. I thank Jan for her contribution provided to the company and wish her the best in her future endeavors.”
Bodden on the other hand is a Chrysler veteran, as he joined the carmaker in 1984. He was promoted to vice president and treasurer after serving as Chief Investment Officer. Bodden will be in charge with the group's cash management processes, domestic and foreign investments, US and Canadian pension funds, retiree trusts, employee managed savings, and banking.
Both the appointments will become effective, Chrysler says, on December 1. The two positions were previously held by one person, Jan Bertsch, who decided to leave the company. Interesting downsizing strategy, wouldn't you say?