Nardelli declines to detail Chrysler compensation

Newswire

DETROIT, Aug 6 (Reuters) - Robert Nardelli, who was named to head Chrysler LLC on Monday by its new owner Cerberus Capital Management, declined to detail his compensation package, but said it would be tied to the automaker's progress in its turnaround.

Nardelli was widely criticized for a pay and severance package seen as excessive during his term as chief executive of retailer Home Depot Inc. . He ...

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