Report: Jim Press to leave Chrysler by the end of 2009

Chrysler - Jim Press

According to a report by The Wall Street Journal, Chrysler’s Deputy CEO Jim Press is planning on leaving the company by the end of 2009. Sources told the publications that Press, 62, will leave before the end of December.

Chrysler spokesman Gualberto Ranieri declined to comment on the report.

When Fiat took control of Chrysler Group after it emerged from bankruptcy, Press stayed on as an adviser to new CEO Sergio Marchionne. Press joined Chrysler in 2007 after working for Toyota for 37 years, reports Automotive News.

– By: Omar Rana