Chrysler Group has announced several changes to its board of directors.
Hermann Waldemer has joined the Chrysler Group board. Most recently, he served as chief financial officer of Philip Morris International. Waldemer replaces Douglas Steenland who leaves the board at the expiration of his term. Steenland was appointed to the board in July 2009.
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In addition, the Chrysler board has increased in size to 13 members and now includes the following executives:
- Reid Bigland, head of US sales, Chrysler Group; chairman, president and chief executive officer, Chrysler Canada; president and chief executive officer, Ram Truck Brand, Chrysler Group, and member of Fiat Group Executive Council (GEC), the highest executive decision-making body within Fiat outside of its board of directors;
- Giorgio Fossati, general counsel, Fiat;
- Michael Keegan, senior vice president – human resources and corporate sustainability officer, Chrysler Group and GEC member;
- Michael Manley, president and chief executive officer – Jeep Brand, Chrysler Group; chief operating officer for Asia Pacific (APAC) and lead executive for international operations, Chrysler Group and GEC member; and,
- Richard Palmer, chief financial officer, Chrysler Group; chief financial officer, Fiat and GEC member
“I welcome this group of strong leaders to the board,” said Chrysler Group chairman and chief executive officer Sergio Marchionne. “Their collective experiences will help propel us forward as we begin to execute our five-year plan.”
“I also want to thank Doug for his leadership while serving on the Chrysler Group board for the past five years. His contributions have helped shape the company to where it is today and we wish him well.”
All appointments are effective from 10 June. All other directors continue in office.
