You can’t keep a good CEO down! Or something. Robert “Big Bob” Nardelli, the CEO who famously ran Home Depot into the ground by deemphasizing customer service in favor of the “business supply” division and then ran away with over $200 million in severance pay and other bonuses, has been named CEO of the Chrysler Group.
“I am very excited to be part of a team focused on re-establishing Chrysler as a standalone industry leader, with a renewed focus on meeting the needs of customers,” said Nardelli.
Robert Nardelli Named CEO of Chrysler [CNN Money]