Robert Nardelli Rejoins Cerberus
July 22, 2009
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Robert Nardelli will rejoin Cerberus Capital Management as the chief executive of Cerberus Operating and Advisory Company as a result of the bankruptcy of Chrysler. Cerberus placed Mr. Nardelli as chief executive of Chrysler in August 2007. Cerberus Operating and Advisory Company is a division of Cerberus that advises the firm's portfolio companies and helps with sourcing and due diligence.
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