AUBURN HILLS,
Mich.
— Chrysler Group LLC
announced Sunday the appointment of additional members to its board of directors,
completing the nine-member board that will provide oversight to the Chrysler
Group.
“The formal creation of our board of directors is another important step toward
building a viable Chrysler Group for the long term,” said C. Robert Kidder,
acting chairman of the board which is expected to hold its first meeting on
July 29. “Our board members bring a wealth of talent and experience in areas
such as transportation, finance and investing, energy and government. We will
work together as a board of directors to support Chrysler Group’s success to
the benefit of all stakeholders.”
Kidder, currently chairman and CEO of 3Stone Advisors LLC, was previously
announced to the Chrysler Group LLC board of directors on May 20. Joining
Kidder on the board 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.; Sergio Marchionne, CEO of Chrysler Group LLC and CEO of Fiat S.p.A;
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.
“While Chrysler Group LLC is a private company, the board is
focused on supplying the strong governance that would be expected of a public
company,” Kidder said. “We are looking forward to working as a single team to
provide the oversight, guidance and expertise that will help make Chrysler
Group successful.”
Chrysler Group LLC's board of directors includes the following individuals:
Alfredo Altavilla is the chief executive officer of Fiat Powertrain
Technologies and senior vice president of business development of Fiat Group
Automobiles. He joined Fiat Auto in 1990 as manager of product development,
playing roles of increasing responsibility in the field of international
ventures and strategic planning.
James J. Blanchard is a partner and co-chairman, regulatory and government affairs
at DLA Piper, one of the world’s largest law firms. He is former ambassador to Canada, served two terms as governor of Michigan
and four terms
as a member of the United States Congress.
George F.J. Gosbee is chairman, CEO and president of Tristone Capital Inc., a
global energy advisory firm that provides fully integrated investment banking,
property acquisitions & divestitures, and global equity capital markets
services. Gosbee founded the firm in 2000, creating a unique model to assist
oil and gas companies by combining technical expertise with financial
professionals.
C. Robert Kidder, who currently serves on the boards of Morgan Stanley, where
he is the lead director, Schering-Plough Corporation, and Microvi Biotech Inc.
He previously served as chairman and chief executive officer of both Duracell
International Inc. and Borden Chemical Inc. and as director of such companies
as Electronic Data Systems Corporation and General Signal Corporation. During
his tenure with McKinsey and Co. Inc., he worked with a major OEM client in the
automotive industry. He currently is chairman and CEO of 3Stone Advisors LLC,
an investment firm that focuses on clean-tech companies.
Sergio Marchionne is CEO of Chrysler Group LLC since June 2009. Previously, he
was appointed chairman of CNH Case New Holland in April 2006 and CEO of Fiat
Group Automobiles in February 2005. He was appointed CEO of Fiat S.p.A. in June
2004 and has been a member of the board since May 2003. He is chairman of SGS
Group of Geneva, and among other positions he
was CEO of SGS Group of Geneva
and was Chairman and CEO of Lonza Group Ltd.
Douglas Steenland is a former CEO of Northwest Airlines. He joined Northwest
Airlines in 1991 as vice president and deputy general counsel. After becoming
CEO in 2004, he successfully reshaped Northwest Airlines into a financially
viable airline. Steenland also worked as a senior partner at the Washington, D.C.
,
law firm of Verner, Liipfert, Bernhard, McPherson, and Hand and served in the
Office of the General Counsel of the U.S. Department of Transportation.
Scott Stuart is a founding partner of Sageview Capital LLC, and former partner
and member of the investment committee at Kohlberg Kravis Roberts & Company
(KKR). He currently serves on the board of EverBank Financial Corp., Aveos
Fleet Performance Inc. and previously served on such boards as Borden Chemical
Inc., Duracell International Inc., Nabisco Inc. and Sealy Corporation.
Ronald L. Thompson is chairman of the board of trustees for Teachers Insurance
and Annuity Association (TIAA), a for-profit life insurance company that serves
the retirement and financial needs of faculty and employees of colleges and
universities, hospitals, cultural institutions and other non-profit
organizations. He previously owned and operated Midwest Stamping Company of Maumee, Ohio, and rapidly
grew the business into a first tier automotive supplier and one of the largest
minority-owned companies in the U.S.
Stephen Wolf is chairman of R.R. Donnelley & Sons Co.
His career in the aviation industry began in 1966 with American Airlines. After
positions at Pan American World Airways, Continental Airlines and Republic
Airlines, he served as chairman and chief executive officer of UAL Corporation
and United Air Lines Inc. from 1987 to 1994. He became Managing Partner of
Alpilles LLC in 2003.
