Latest reports say Bernhard will answer directly to Cerberus chief Stephen Feinberg and will not be a part of Chrysler’s executive team. The Wall Street Journal reports that Bernhard has been seen in Chrysler's design studios, pointing out what he likes and dislikes, and is making sure things get done.
The immediate goal will be to help turnaround Chrysler’s $1.48 billion operating loss from last year and implement a sustainable recovery program. The restructuring plan is already well underway, with up to 13,000 job cuts planned and a $3 billion investment set for Chrysler's engine systems.