The new Chrysler Group Board will consist of nine members and will include new CEO Sergio Marchionne
First and foremost is Sergio Marchionne, who is sitting as CEO of the company as well as CEO of Fiat and a board member as well. Next in line is C. Robert Kidder, who also sits as acting chairman of the board.
Joining Marchionne and Kidder are: Alfredo Altavilla, CEO of Fiat Powertrain Technologies; James Blanchard, former U.S. congressman and governor of Michigan; George F.J. Gosbee, chairman, CEO and president of Tristone Capital Inc.; Douglas Steenland, former CEO of Northwest Airlines; Scott Stuart, a founding partner of Sageview Capital LLC; Ronald L. Thompson, chairman of the board of Trustees for Teachers Insurance and Annuity Association (TIAA); and Stephen Wolf, chairman of R.R. Donnelley & Sons Co.
Importantly, Chrysler Group will remain a private company for now but the newly appointed board will focused on supplying the governance that would be expected of a public company – after all the public do have a great deal invested in the company thanks to auto industry bailout.