LaSorda Makes Way For Retailing Guru Nardelli

AUBURN HILLS, MI –Tom LaSorda volunteered to step aside as Chrysler LLC’s top executive in favor of controversial retailing sensation Robert Nardelli, who was hand-picked by the auto maker’s new owner.

Speaking here a news conference to introduce Nardelli, LaSorda says he told Steve Feinberg, founder and CEO of Cerberus Capital Management LP, which officially took control of

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