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    Official: Tom LaSorda named Fisker CEO [UPDATED]
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    Tom LaSorda, former Chrysler CEO and current Fisker vice chairman, has been named CEO of Fisker Automotive Group. LaSorda takes the reigns from the company's namesake, Henrik Fisker, and will continue to help manage the up-start automaker with the help of former BMW, Ford and General Motors board ...

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    Report: Ousted Mercedes-Benz USA boss Lieb fighting dismissal in court
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    Deposed Mercedes-Benz U.S.A. chief Ernst Lieb may be gone, but he won't soon be forgotten. Lieb is suing Benz parent company Daimler for wrongful dismissal, with a German court date scheduled for March, according to Automotive News. The automaker claims Lieb, 56 improperly spent a six-figure sum ...

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    Report: Mercedes-Benz USA announces Cannon as new CEO
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    Mercedes-Benz USA has named marketing boss Steve Cannon as its new Chief Executive Officer effective January 1. Automotive News reports that Cannon, who has been with MB for 20 years, is only the second American to hold the post in the luxury brand's long history. Financial boss Herbert Werner had ...

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    Report: List of Mulally successors narrowed down to four
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    How do you replace the man credited by Time Magazine with managing "the biggest business turnaround of the Great Recession?" That's a very good question, and one that the Ford board of directors is grappling with as company CEO Alan Mulally edges closer to retirement age. At 66, Mulally isn't ...

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    Official: Tata CEO Forster steps down after only 18 months
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    Tata Motors has announced that its group chief executive officer, Carl-Peter Forster, resigned with immediate effect, only 18 months after joining the company. Tata, India's leading maker of trucks and buses, and owner of Jaguar and Land Rover, says Forster resigned due to "unavoidable personal ...

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    Infographic: Wage gap between CEO and employees
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    As you're probably already aware, Ford CEO Alan Mulally earned well over $26 million last year. Fiat and Chrysler head Sergio Marchionne was next in the ranks of highest-paid CEOs among automakers with $17 million in compensation, and Nissan/Renault chief Carlos Ghosn was third at $13 ...

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    Report: Fiat looking to up Chrysler stake to 46% by June
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    Fiat has been in a big, fat hurry to increase its stake in Chrysler, as the Italian automaker has managed to increase ownership from 20 percent to 30 percent so far this year. A report out of Automotive News Europe (via Italian newspaper Corriere della Sera) shows that the stakes may raise once ...

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    Fiat gets a new chief executive
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    Your eyes doth not deceive you: Fiat has a new CEO. But before we get ahead of ourselves, Sergio Marchionne isn't going anywhere. The Italian-Canadian executive mastermind directing both the Fiat and Chrysler groups is not relinquishing his position. But a number of years ago, he did hand over ...

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    Officially Official: VW of America names Browning as new CEO
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    Yesterday, we reported that Volkswagen was planning to name Jonathan Browning as its new CEO of United States operations. At 11:00 AM today, VW did just that – Browning will officially assume the role on October 1st of this year. Browning has held many executive sales and marketing positions ...

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    Ducati North America seeks new CEO
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    Amidst recent rumors, Ducati has officially announced that its CEO of North American operations, Michael Lock, will step down at the end of July to pursue other opportunities. Since Lock took the reins in North America in late 2003, Ducati has bridged the gap from something of a novelty brand ...

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    Report: Chung, Mullaly, Winterkorn named top car company CEOs
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    Automotive News has put together its list of 2010 auto industry all-stars, and taking first place in American, European and Asian CEO categories are Ford CEO Alan Mulally, Volkswagen CEO Dr. Martin Winterkorn, and Hyundai-Kia CEO Chung Mong-koo. Hard to fault the choices, and it shouldn't come as ...

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    Fiat unites Maserati, Abarth, Alfa Romeo under one CEO
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    With the unification of Fiat and Chrysler, we're been expecting major changes in the corporate structure of the two automakers and their various brands. Most recently, Lancia chief executive Olivier Francois was named head of the Chrysler division, leading to reports that the two brands – ...

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    Jaguar-Land Rover CEO David Smith stepping down
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    The man installed by Tata to guide the Jaguar/Land Rover ship, David Smith, has left the company. Smith was the head of finance for Ford Europe, and had helped sell Aston Martin to Dave Richards' group before he assisted in the sale of Jaguar to Tata. He has been the CEO since 2008, and just last ...

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    REPORT: Marchionne will choose to lead either Chrysler or Fiat within 24 months
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    Sergio Marchionne appears to be very well regarded within the auto industry and his work making Fiat a viable automaker has been pretty remarkable overall. Now Marchionne is charged with saving the beleaguered and product-starved Chrysler while also keeping momentum back home in Italy. That's a ...

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    REPORT: Spencer Stuart tasked with finding new GM CEO
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    Headhunting firm Spencer Stuart is without doubt on the speed-dial lists of bailed-out firms, having placed chairmen, CEOs, Chrysler Group LLC, and board members for AIG, Citigroup Inc., Freddie Mac, Fannie Mae, and GMAC. Then they flew over General Motors so that Ed Whitacre, Jr. could heli-drop ...

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    Francois appointment points to more cooperation between Chrysler and Lancia
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    Amidst the confirmation that chief executive Sergio Marchionne was splitting off the Dodge Ram truck unit into its own division of the Chrysler Group came the announcement of some executive re-shuffles in Auburn Hills. Among them, Lancia CEO Olivier Francois was appointed head of the Chrysler ...

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    Honda CEO reportedly rules out return to Formula One
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    Things could hardly have played out worse for Honda. It has poured what surely amounted to billions of dollars for years into its Formula One team with little effect. Then it brought in Ross Brawn, only to withdrew its support from the squad, then it sold the entire operation to Brawn while paying ...

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    REPORT: Wagoner gets $8.2M severance + $74,030 annually w/benefits... for life
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    When Rick Wagoner was forced out of his position as the CEO of General Motors last March, he left with a severance plan that included $22 million paid out over the course of a few years, plus a yearly pension. Just a few months later, The Los Angeles Times is reporting that Mr. Wagoner has worked ...

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    BREAKING: C. Robert Kidder announced as chairman of Chrysler Group LLC
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    Once Chrysler emerges from bankruptcy, the automaker's current CEO Robert Nardelli, be replaced by an appointee selected by the oversight committee (likey Sergio Marchionne) and C. Robert Kidder will become the new Chairman of the (supposedly) revitalized Chrysler.Chrysler outlines Kidder's ...

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    BREAKING: Marchionne confirmed as post-bankruptcy Chrysler CEO
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    After weeks of speculation, Fiat confirmed today that its CEO, Sergio Marchionne, will assume the same role with Chrysler once it exits bankruptcy. According to statements from the Obama administration, Chrysler could emerge from "surgical bankruptcy" in as little as 30 to 60 days, after which ...

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