Bob Nardelli

NEW YORK (Reuters) - Former Chrysler Chief Executive Bob Nardelli is joining firearms and ammunition maker Freedom Group, the company said in a press release.Nardelli left Chrysler 2009 after the car maker emerged from bankruptcy and joined private equity firm Cerberus -- the former majority owner of Chrysler -- as an adviser.Freedom said it formed a CEO's office to provide strategic direction to the company's operating management and to facilitate decision making pending the appointment of a...Read Full Story

WHAT BOB NARDELLI DID RIGHT Although "Bob Nardelli's Wrong Turns" (News, May 4) doesn't mention a single accomplishment, Nardelli has achieved much in 21 months at the helm of Chrysler. He and his talented team have improved quality, created a more competitive cost structure, strengthened dealer relations, and reduced capacity and inventories to maximize the company's assets. Chrysler has also continued to develop products for the future, including an impressive lineup of electric vehicles...Read Full Story

BOB NARDELLI'S WRONG TURNS When Cerberus Capital Management hired Robert L. Nardelli to fix Chrysler in 2007, the private equity shop and majority owner figured an outsider like Nardelli would show those Detroit guys how to run a car company. After all, he had learned his stuff at General Electric, a company that reputedly bred the best managers in the world. It hasn't worked out quite the way Cerberus planned. Nardelli may not be Chrysler's chief much longer--either because the company is...Read Full Story

Sigh. Bob Nardelli "feels good." Those of you with elephantine memories will remember that I'm no fan of Bob Nardelli. The erstwhile CEO of Home Depot drove away customers by cutting back on full-time, experienced staff and replacing them with less knowledgeable part-timers. After torpedoing revenue, he then he spent money on customer service improvement programs (which would have been unnecessary had he just kept the original staff) and tried re-hiring the same sort of experienced staff he...Read Full Story

NEW YORK (Reuters) - Former Chrysler Chief Executive Bob Nardelli is joining firearms and ammunition maker Freedom Group, the company said in a press release. Related posts:Chrysler Dealers Eager to Sell Fiats Eager for fresh products to sell to consumers, Chrysler... Chrysler Warns It Will Be ‘Difficult’ to Make Net Profit in 2010 As it struggles to boost sales amid an economic... Chrysler Unveils New Midsized Sedan to Dealers Officials from Chrysler Group unveiled a new midsized...Read Full Story