Chrysler LLC’s future leadership will be determined by the U.S. government and Fiat SpA if Chrysler succeeds at merging with the Italian auto maker. Chrysler Chief Executive Officer Bob Nardelli, in a note to employees obtained by Dow Jones Newswires, said a new board of directors will be appointed by the federal government and...
Posts Tagged ‘ Barak Obama ’
Glaxo – Pfizer enters deal
April 17, 2009
By SunbirdGlaxoSmithKline P.L.C. and Pfizer Inc. announced a deal that would combine their HIV operations into a new company that would account for almost 20 percent of sales of drugs to fight the virus. In recent years, competitors, most notably Gilead Sciences Inc. and Bristol-Myers Squibb Co., have seized the lead in sales of HIV...
GM CEO Resigns
March 30, 2009
By SunbirdChairman and CEO of General Motors Corp., Rick Wagoner has resigned as head of the Detroit automaker. In a statement, Wagoner said he stepped aside at the request of the Obama Administration. Replacing him as CEO is Fritz Henderson, GM’s president and chief operating officer. Kent Kresa was named interim non-executive chairman of the...
