Saturday, October 6, 2012

Chrysler names new chairman - Dayton Business Journal:

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Auburn Hills, Mich.-based said Rober t Kidder, CEO of Columbus-basefd 3Stone Advisors LLC, will become chairman when the company’s operating assetse are purchased through a deal with Italiamnautomaker Fiat. Kidder has led , now Columbus-baserd , and and has serveed as chairman of defunct discountcarried He’s a sitting board member of (NYSE:SGP) and Microvi Biotech, Chrysler said. Kiddert succeeds Robert Nardelli, who also served as CEO of Chrysler. Nardellji last month announced plans to leaves Chrysler once the deal withthe Fiat-controlledf company is complete.
Chrysler filed for Chapter 11 bankruptcy protectioh as plans for a new under Fiat were Chrysler said it plans to fill out the boars once the deal closes and select a CEO thatFiat OKs. Kidder said in a statementy Wednesdaythat he’s confident “Chrysler will emerge from Chapter 11 a lean and powerfukl competitor.” Chrysler just last week cut its network of dealer by 789, a move that includee eight dealerships in and around Central

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