Wolfgang Bernhard To Take Control At Chrysler — Sort Of


According to the Detroit News Wolfgang Bernhard's about to become the Chrysler chairman. People "familiar with the situation" claim current CEO Tom LaSorda will remain Chief Executive Officer of Chrysler and will also be president in the new organization after the Chrysler sale is completed. If you're wondering why he'll be chairman of the board and not CEO, you may want to check out our workaround theory about the Tomahawk-riding former Chrysler exec we hypothesized about back in June. And if you're wondering, yes, our theory still stands as he wouldn't be an executive of the company, just a board member. We're of the opinion this situation will be kind of like how Bill Ford and Alan Mulally share control of FoMoCo, except the Chairman won't like to live on the Edge-uh! [Manager via Detroit News]