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Tom Lasorda
Thomas William LaSorda, (born July 24, 1954 in Windsor, Ontario) is a Canadian-American automobile industry executive who was CEO and President of the Chrysler Group. In December 2011, he joined the board of Fisker Automotive and assumed the role of CEO until his resignation in August 2012. Personal life Tom LaSorda is the third generation of his family to work for Chrysler, being the son of a CAW union local president. He graduated from the University of Windsor in 1977 with a dual degree (Bachelor of Arts and a Bachelor of Commerce), and earned an MBA in 1980. He is married with two daughters, and lives in Birmingham, Michigan. Career In 1977, he joined General Motors, working chiefly in manufacturing. He helped to launch the GM-Suzuki joint venture plant, CAMI Automotive, in Ingersoll, Ontario, and he also was president of Opel's Eisenach plant in eastern Germany..He led GM"s quality and lean manufacturing activities as a corporate V/ref> Chrysler In 2000, he joined the Chry ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Windsor, Ontario
Windsor ( ) is a city in southwestern Ontario, Canada. It is situated on the south bank of the Detroit River directly across from the U.S city of Detroit, Detroit, Michigan. Geographically located within but administratively independent of Essex County, Ontario, Essex County, it is the southernmost city in Canada and marks the southwestern end of the Quebec City–Windsor Corridor. The city's population was 229,660 at the 2021 Canadian Census, 2021 census, making it the third-most populated city in Southwestern Ontario, after London, Ontario, London and Kitchener, Ontario, Kitchener. This represents a 5.7 percent increase from Windsor's 2016 population census of 217,188. The Detroit–Windsor urban area is North America's most populous trans-border conurbation. Linking the Great Lakes Megalopolis, the Ambassador Bridge border crossing is the busiest commercial crossing on the Canada–United States border, carrying about one-quarter of the two countries' trade volume. Windsor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ohio
Ohio ( ) is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders Lake Erie to the north, Pennsylvania to the east, West Virginia to the southeast, Kentucky to the southwest, Indiana to the west, and Michigan to the northwest. Of the 50 List of states and territories of the United States, U.S. states, it is the List of U.S. states and territories by area, 34th-largest by area. With a population of nearly 11.9 million, Ohio is the List of U.S. states and territories by population, seventh-most populous and List of U.S. states and territories by population density, tenth-most densely populated state. Its List of capitals in the United States, capital and List of cities in Ohio, most populous city is Columbus, Ohio, Columbus, with the two other major Metropolitan statistical area, metropolitan centers being Cleveland and Cincinnati, alongside Dayton, Ohio, Dayton, Akron, Ohio, Akron, and Toledo, Ohio, Toledo. Ohio is nicknamed th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sergio Marchionne
Sergio Marchionne (; 17 June 1952 – 25 July 2018) was an Italian-Canadian businessman, widely known for his turnarounds of the automakers Fiat and Chrysler, his business acumen and his outspoken and often frank approach, especially when dealing with unpalatable issues related to his companies and the automotive industry. Marchionne was the chairman of CNH Industrial, the chief executive officer (CEO) of Fiat Chrysler Automobiles (FCA), the chairman and CEO of FCA US LLC, the chairman and CEO of Ferrari, and the chairman of Maserati. He was the chairman of Swiss-based SGS and vice chairman of UBS from 2008 to 2010, as well as the chairman of the European Automobile Manufacturers Association for 2012 (first elected in January 2006). He was a member of the Peterson Institute for International Economics, and the chairman of the Italian branch of the Council for the United States and Italy. Noted for his keen observations of the automotive industry, Marchionne's insights ranged f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fiat
Fiat Automobiles S.p.A., commonly known as simply Fiat ( , ; ), is an Italian automobile manufacturer. It became a part of Fiat Chrysler Automobiles in 2014 and, in 2021, became a subsidiary of Stellantis through its Italian division, Stellantis Europe. Fiat Automobiles was formed in January 2007 when Fiat S.p.A. reorganized its automobile business, and traces its history back to 1899, when the first Fiat automobile, the Fiat 4 HP, was produced. Fiat Automobiles is the largest automobile manufacturer in Italy. During its more than century-long history, it remained the largest automobile manufacturer in Europe and the third in the world after General Motors and Ford Motor Company, Ford for over 20 years, until the car industry crisis in the late 1980s. In 2013, Fiat S.p.A. was the second-largest European automaker by volumes produced and the Automotive industry, seventh in the world, while FCA was the world's eighth-largest automaker. In 1970, Fiat Automobiles employed more th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leveraged Buyout
A leveraged buyout (LBO) is the acquisition of a company using a significant proportion of borrowed money (Leverage (finance), leverage) to fund the acquisition with the remainder of the purchase price funded with private equity. The assets of the acquired company are often used as collateral for the financing, along with any equity contributed by the acquiror. While corporate acquisitions often employ leverage to finance the purchase of the target, the term "leveraged buyout" is typically only employed when the acquiror is a financial sponsor (a private equity investment firm). The use of debt, which normally has a lower cost of capital than Equity (finance), equity, serves to reduce the overall cost of financing for the acquisition and enhance returns for the private equity investor. The equity investor can increase their projected returns by employing more leverage, creating incentives to maximize the proportion of debt relative to equity (i.e., debt-to-equity ratio). Whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jim Press
James E. Press is the former deputy CEO of Chrysler Group LLC, having served in that capacity from June to December 2009. Previously, he served as president of sales and marketing operations of Chrysler LLC from September 2007 to June 2009. He also served as senior advisor to Chrysler Financial Company. During this assignment, he assisted Sergio Marchionne in the transition to Fiat. Press was heavily involved in maintaining company operations and product development during the bankruptcy period. Press was also senior advisor to the Renault–Nissan Alliance, working closely with the CEO, Carlos Ghosn. Presently he is senior advisor to Hyundai Motor North America, AMCI Doppler in Torrance, California and Work Truck Solutions in Chico California. Career After starting his career at Ford, he joined Toyota in 1970 and rose steadily in the organization, serving in most key executive positions before being named COO of Toyota Motor North America, the consolidating company for all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chairman
The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group or organisation, presides over meetings of the group, and is required to conduct the group's business in an orderly fashion. In some organizations, the chair is also known as '' president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. The term chairman may be used in a neutral manner, not directly implying the gender of the holder. In meetings or conferences, to "chair" something (chairing) means to lead the event. Terminology Terms for the office and its holder include ''chair'', ''chairman'', ''chairwoman'', ''chairperson'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chair of a parliamentary chamb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bob Nardelli
Robert Louis "Bob" Nardelli (born May 17, 1948) is an American businessman who was the CEO of Freedom Group from September 2010 to March 2012. Prior to that role, Nardelli served as chairman and CEO of Chrysler from August 2007 to April 2009 and CEO of The Home Depot from December 2000 to January 2007. Before joining The Home Depot, Nardelli spent most of his career at General Electric and had risen to become one of the top three executives competing to succeed Jack Welch. Early life Born in Old Forge, Lackawanna County, Pennsylvania, Nardelli attended Rockford Auburn High School in Rockford, Illinois and received his Bachelor of Science in business from Western Illinois University in Macomb, where he was a member of the Tau Kappa Epsilon fraternity. Nardelli also earned an MBA from the University of Louisville. He is married to Susan L. Schmulbach with four children and attends Roman Catholic church. Career General Electric He joined General Electric in 1971 as an e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chrysler LLC
FCA US, LLC, Trade name, doing business as Stellantis North America and known historically as Chrysler ( ), is one of the "Big Three (automobile manufacturers), Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan. It is the American subsidiary of the multinational automotive company Stellantis. Stellantis North America sells vehicles worldwide under the Chrysler (brand), Chrysler, Dodge, Jeep, and Ram Trucks nameplates. It also includes Mopar, its automotive parts and accessories division, and Street and Racing Technology, SRT, its performance automobile division. The division also distributes Alfa Romeo, Fiat, and Maserati vehicles in North America. The original Chrysler Corporation was founded in 1925 by Walter Chrysler from the remains of the Maxwell Motor Company. In 1998, it merged with Daimler AG, Daimler-Benz, which renamed itself DaimlerChrysler but in 2007 sold off its Chrysler stake. The company operated as Chrysler LLC thr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cerberus Capital Management
Cerberus Capital Management, L.P. is an American global alternative investment firm with assets across credit, private equity, and real estate strategies.Leaders Magazine"Providing Economic Opportunity: An Interview with The Honorable Dan Quayle, Chairman, Cerberus Global Investments, LLC". The firm is based in New York City, and run by Steve Feinberg, who co-founded Cerberus in 1992, with William L. Richter, who serves as a senior managing director. The firm has affiliate and advisory offices in the United States, Europe and Asia. Cerberus has around US$60 billion under management in funds and accounts. The company is a U.S. Securities and Exchange Commission Registered Investment Adviser. Investors include government and private sector pension and retirement funds, charitable foundations, university endowments, insurance companies, family savings and sovereign wealth funds. History Cerberus is named after the Greek mythological three-headed dog that guarded the gate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daimler AG
Mercedes-Benz Group AG (formerly Daimler-Benz, DaimlerChrysler, and Daimler) is a German multinational automotive company headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-Benz was formed with the merger of Benz & Cie., the world's oldest car company, and Daimler Motoren Gesellschaft in 1926. The company was renamed DaimlerChrysler upon the acquisition of the American automobile manufacturer, Chrysler Corporation in 1998, it was renamed to Daimler upon the divestment of Chrysler in 2007. In 2021, Daimler was the second-largest German automaker and the sixth-largest worldwide by production. In February 2022, Daimler was renamed Mercedes-Benz Group as part of a transaction that spun-off its commercial vehicle segment as an independent company, Daimler Truck. The Mercedes-Benz Group's marques are Mercedes-Benz for cars and vans (including Mercedes-AMG and Mercedes-Maybach). It has shares in other vehicle ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
