NEWSMAKER-Nardelli makeover fails as Chrysler hits wall

Newswire

By David Bailey DETROIT, April 30 (Reuters) - Bob Nardelli came to Chrysler as a long shot to lead the U.S. automaker's turnaround and rescue his own reputation, but he succeeded in neither. Nardelli took the helm of Chrysler in August 2007 as a hard-charging hired gun steeped in the General Electric Co system but whose image had been tarnished when he lost the confidence of the board at retailer Home Depot and left the CEO job with a huge severance package. Despite the controversy, he ...

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