Bob Nardelli becomes Chairman of NewPage paper company

Posted: Jun 16, 2010
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Former Chrysler CEO - Bob Nardelli

Last week we heard that former General Motors CEO Rick Wagoner, who was fired by President Barack Obama last year, currently sits on the Washington Post board. We learn today that his once crosstown rival, former Chrysler CEO Bob Nardelli, has been named non-executive chairman of NewPage Corp., a company that makes coated paper products.

The company is owned by Cerberus Capital Management, which also owned Chrysler prior to the Auburn Hills automaker’s government-scripted bankruptcy reorganization last year. Cerberus acquired NewPage in 2005 for $2.3 billion.

Nardelli, 62, was brought in after CEO Thomas Curley and Chairman Mark Suwyn resigned.

Whatever the case may be, we doubt Wagoner and Nardelli are having as much as fun as they did when they were working in the auto industry.

- By: Omar Rana

Source: Automotive News (Subscription Required)


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  • jcf

    Everyone who works their should be very afraid,,,,

  • Msp6

    what a worthless POS. be very afraid people.

  • bounty

    he looks tough

  • Dimples

    Yes he is. He was my old CEO at The Home Depot. Be very leery of this guy; every company he works for, he brings them down to the ground.

  • Black-stallion19

    Bob Nardellie (TAR-BELLY) Nardelli needs to be taken out and tarred and feathered. He has destroyed more companies and cause a lot of people to loose their jobs. He destroyed Home Depot, Chrysler , G and now he will destroy the paper company. Bob TARBELLY needs to find a cave and go hide before someone takes him out. wonder it has not happened already. He is a thief, a crook and cares about himself and no one else. He doesn’t care about whose buisness he tears apart and has no concerns for the American worker but his greedy arse

  • Black_stallion19

    bounty he don’t look tough. He probably has to sleep with his bedroom doors locked and a pistol under his pillow. He is worse then Al Capone ever was. GREEDY he is and Greed he will die by

  • 1054016

    He did not destroy Home Depot, he made it the #2 retailer in the US next to Walmart. Chrysler was already destroyed, he was hired to reorganize after the bankruptcy. Yes, he treats employees like garbage. He is a POS, cant argue that, but get the facts straight Black_Stallion19.