Tom LaSorda, Vice Chairman and Co-President of Chrysler, has announced he will be stepping down from his position, effective immediately. News of LaSorda’s retirement comes just one day after Chrysler CEO Bob Nardelli announced he would be resigning from Chrysler once the automaker emerged from Chapter 11 bankruptcy.
LaSorda, who was appointed to his position in 2007, was in charge of Chrysler’s Manufacturing, Procurement and Supply, Employee Relations, Global Business Development and Alliances. LaSorda was named President and CEO of Chrysler in 2005. LaSorda joined Chrysler in 2005 as the company’s Chief Operation Officer.
During his time at Chrysler, LaSorda championed Jeep’s Toledo Supplier Park in Ohio, which was recently named the most productive assembly plant in North America.
05/01, 7:15 PM
posted by:
JakeK66
It should also mention Tom LaSorda saw over the worst automotive company collapse in history.
I’m sure he’s a good guy and all but he wasn’t given any help from the state of the company when he took the helm – we’ll thank Dr. Z for the REAL collapse.
You remember the ask Dr. Z ad campaign? Well I guess the only question he got was if he can create an epic failure of Chrysler. That was one thing he knew he could answer with an astonding “Yes!”
05/01, 7:17 PM
posted by:
tzu13
Go go golden parachute!
05/01, 7:58 PM
posted by:
mayer_ray_nagin
I guess he doesnt speak italian.
05/01, 8:20 PM
posted by:
Borat
Jake, when LaSorda joined company he knew what he was doing and what he is stepping into. He had 3 years to find more honorable position then overseeing collapse and degeneration of the company. I am sure that he was extremely well compensated and I am not eager to believe that this compensation was not deciding factor. When companies bought or sold, execs are usually encouraged to stay on for a period of time to keep continuity. That encouragement at least 7 figures per period of time. For LaSorda it probably was very high 7 figures or maybe 8. I’ll never know, but in any case he wasn’t impersonating Mother Teresa.
05/01, 8:22 PM
posted by:
Spingood Tanoya
I liked him better when he managed the Dodgers.
05/01, 8:40 PM
posted by:
Mutant@DCX
Thanks Tom, well done, enjoy your retirement.
05/01, 11:11 PM
posted by:
johnnycanuck
It’s already Fiat’s company. They wouldn’t be moving this fast if it wasn’t. Don’t be fooled into thinking Mr. LaSorda had a say in the matter, people appear and disappear very quickly under a new regime. Sometimes it’s justified and sometimes it’s just to make point but it doesn’t matter. There’s a new sheriff in town and the best way to grab people’s attention is with a good old fashioned hanging- or two. Forget Clint Eastwood and those stereotypical shoot ‘em ups from the past, the term Spaghetti Western is about to take on a whole new meaning.
05/01, 11:55 PM
posted by:
teahead
Time to get rid of all the dead wood.
05/02, 1:02 PM
posted by:
jackjimturkey
Still bleedin’ Dodger Blue.
No better stadium treat than the Dodger Dogs.
05/03, 2:20 PM
posted by:
TomF
Are those anything like the dogs crowding Chrysler dealer lots all over the country?
05/04, 5:56 PM
posted by:
slider5634
Bye Bye Tom. Have fun with your retirement.
05/04, 11:10 PM
posted by:
Pazzo Canguri
Johhny c…your a jelous racist is all……….
05/04, 11:25 PM
posted by:
johnnycanuck
I’m a what? Pazzo, read my post again. I think you kind of have it backwards.