Word: vices
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Next, come the executives. Chrysler CEO Robert Nardelli and his key lieutenants, Vice chairman Jim Press who came from Toyota in 2007 and vice chairman Tom LaSorda, are also thought to have stakes in Chrysler via their employment agreements with Cerberus. Since Chrysler is a private company, the details of executive stock ownership are not public...
...present, Chrysler officials believe Fiat is indeed serious about the deal. Fiat executives came through Chrysler's design studios in Auburn Hills in mid-December to look at Chrysler's latest designs and future products, says Chrysler vice president Ralph Gilles, who believes they left with a better understanding of where the company is headed from a design perspective and of Chrysler's potential. "We're very flexible," he added...
With Fiat now in Chrysler's picture, though, there's more optimism than dread. Notes Sean McAlinden, vice president of research at the Center For Automotive Research in Ann Arbor: "The thing you have to remember about Chrysler is that it seems to have more lives than...
...Vice-President Biden stood to his right, apparently unsure if he or Lisa Brown, the staff secretary, should pick up the documents as Obama finished. Biden handled a couple, and then decided he'd better not. "Why don't you take the last one," he told Brown, with a smile. A few moments later, Biden was caught by surprise when Obama asked him to swear in the senior staff. "Am I doing this again?" he asked, confused, having just sworn in the members of the cabinet in a private ceremony. (See Who's Who in Barack Obama's White House...
...Apple's Steve Jobs: "At one point, [EMI's top new-media exec Ted] Cohen remembers John Rose, then an EMI vice president, writing demographic sales statistics on a thirty-foot-long whiteboard in an Apple conference room. Afterward, Jobs stood up, walked to the whiteboard, which was entirely empty save for the one square foot where Rose had scribbled, and erased it completely. Rose was undeterred by this blatant power maneuver. 'John, God bless him, erased what Steve Jobs wrote and wrote something else over that,' Cohen recalls. 'They were erasing each other's words for about ten minutes...