ROBERT NARDELLI, who stumbled in the public eye at Home Depot Inc., may do better at Chrysler LLC as the now-private U.S. automaker focuses on trimming expenses and generating cash, not stock returns.
”This is an absolutely perfect fit,” said Jack Welch, retired chief executive officer of General Electric Co., where Nardelli worked from 1971 to 2000. ”They’ve got to get cost, efficiency, service, all those things in line,” Welch said. ”He’s the best in the world at that.”
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