US | Robert Nardelli In Nardelli, Chrysler Found Its Maverick Cerberus relying on tough-talking new CEO to cut costs By Wesley Oliver Posted Aug 7, 2007 4:30 AM CDT Copied Chrysler chairman and CEO Bob Nardelli, right, standing with vice chairman and president Tom LaSorda, is introduced to the media at the Chrysler headquarters in Auburn Hills, Mich., Monday, Aug. 6, 2007. (AP Photo/Carlos Osorio) (Associated Press) Former Home Depot chief Bob Nardelli has a reputation for being a brusque, hard-edged maverick, and that’s exactly what his new bosses at Chrysler want, Reuters reports. Cerberus Capital Management hopes to stem losses at the automaker by cutting costs, particularly in the delicate area of unionized workers. Nardelli’s gruff style may improve numbers—or it may wind up confounding labor negotiations. Cerberus hopes Nardelli’s ride at Chrysler will be smoother than his bumpy tenure at Home Depot, where he angered employees and shareholders. But the private equity firm's decision to keep former CEO Tom LaSorda as Chrysler’s president may represent a “good cop/bad cop” tactic with labor—in which Nardelli will be looking out for the bottom line. Read These Next Viking Cruises likes to say no. It's paid off. Trump may be targeting this city next due to a misleading news report. Two Powerball players have a lot of financial planning to do. There's a vast supply of fresh water under the ocean. Report an error