Chrysler Announces new CEO and the winner is......
08-06-2007, 10:22 AM
#1
Administrator
Thread Starter
Chrysler Announces new CEO and the winner is......
former Home Depot CEO Bob Nardelli as the new chairman and CEO. Mr Nardelli left Home Depot in January with a $210 MILLION bonus.
I guess thats one way of making sure you are breaking from your past.
http://www.autonews.com/
I guess thats one way of making sure you are breaking from your past.
http://www.autonews.com/
08-06-2007, 12:12 PM
#5
Registered
Join Date: Jun 2005
Posts: 946
Likes: 0
Received 0 Likes
on
0 Posts
I wish them luck. One good think is that his pay will be based on performance of the company so at least he'll be motivated.
It would be nice to have good American alternatives avilable.
It would be nice to have good American alternatives avilable.
08-06-2007, 03:40 PM
#6
Its all about Style...
Join Date: May 2006
Location: South of Boston, MA
Posts: 3,337
Likes: 0
Received 0 Likes
on
0 Posts
So now instead of suit's car salesmen will wear a bright Orange apron with Chrysler on it. 
If this guy is a actual "Car Guy" then I'll be happy. If he's taking the job for the paycheck the car maker is dead.
If this guy is a actual "Car Guy" then I'll be happy. If he's taking the job for the paycheck the car maker is dead.
08-07-2007, 03:42 PM
#8
Screw gas mileage
08-07-2007, 04:00 PM
#9
Senor Carnegrande
Join Date: Jul 2003
Posts: 871
Likes: 0
Received 0 Likes
on
0 Posts
So let's see, this is the guy who led Home Depot during the last few years. A time when A) their stock was pretty much flat, even though B) we experienced the biggest housing boom in history. Hmmm.
08-07-2007, 04:15 PM
#10
Piston-free 07.11.2007
Join Date: Apr 2005
Location: Madison, WI
Posts: 314
Likes: 0
Received 0 Likes
on
0 Posts
I worked for Home Depot for a few years, beginning in 2002. I had a huge post planned out, but a glance at the wikipedia page on Bob Nardelli more than covers everything I wanted to say.
Basically Nardelli pissed off the customers and employees because he sucked all the personality out of Home Depot and installed a cold, hard, corporate robot in its place. Additionally, HD stock had fallen to less half it's previous value after his first three years as CEO. Here's a visual aid - HD's stock price starting in Dec 2000 (when Nardelli took over) to present.
As you can see, it's still not fully recovered, despite the housing boom.
Basically Nardelli pissed off the customers and employees because he sucked all the personality out of Home Depot and installed a cold, hard, corporate robot in its place. Additionally, HD stock had fallen to less half it's previous value after his first three years as CEO. Here's a visual aid - HD's stock price starting in Dec 2000 (when Nardelli took over) to present.
As you can see, it's still not fully recovered, despite the housing boom.
Last edited by RWagz; 08-07-2007 at 04:18 PM.
08-08-2007, 02:36 PM
#12
Piston-free 07.11.2007
Join Date: Apr 2005
Location: Madison, WI
Posts: 314
Likes: 0
Received 0 Likes
on
0 Posts
9/11 did not effect our economy much.
If you look below you can see the scale of the graph in years - the stock was still doing reasonably well at the end of 2001
If you look below you can see the scale of the graph in years - the stock was still doing reasonably well at the end of 2001
Thread
Thread Starter
Forum
Replies
Last Post
yapakanichi
Series I Interior, Audio, and Electronics
8
08-17-2015 09:47 AM