US: Chrysler names full board

Author: | 6 July 2009

Chrysler on Sunday named its full new nine-member board following final appointments. Its first meeting is scheduled for 29 July.

Acting chairman Robert Kidder, currently chairman and CEO of 3Stone Advisors, was named on 20 May. Joining him are: Alfredo Altavilla, CEO of Fiat Powertrain Technologies; James Blanchard, a partner at law firm DLA Piper and once governor of Michigan; George  Gosbee, chairman, CEO and president of Tristone Capital; Sergio Marchionne, CEO of both Chrysler Group and Fiat; Douglas Steenland, former CEO of Northwest Airlines; Scott Stuart, a founding partner of Sageview Capital; Ronald Thompson, chairman of the board of trustees for Teachers Insurance and Annuity Association (TIAA); and Stephen Wolf, chairman of R R Donnelley & Sons and once head of United Airlines' parent company.

"The formal creation of our board of directors is another important step toward building a viable Chrysler Group for the long term," said Kidder in a statement.

"Our board members bring a wealth of talent and experience in areas such as transportation, finance and investing, energy and government.

"While Chrysler Group is a private company, the board is focused on supplying the strong governance that would be expected of a public company," Kidder added.

Sectors: Financial, Vehicle manufacturers

Companies: Chrysler, Fiat

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