Drive Away 2Day

Chrysler Hr Chief Set To Retire : News

Nancy Rae, Chrysler’s longtime human resources chief, will step down on Jan. 1 after overseeing Chrysler’s employment policies for no less than three owners.

Rae, 57, has worked for Chrysler since 1978. She was named senior vice president of human resources in 2000, when Daimler AG controlled Chrysler. She continued to serve as Chrysler’s senior vice president – human resources, when Cerberus Capital Management owned the automaker and after Fiat became the controlling shareholder in 2009.

“Nancy has been a highly valued business partner in driving cultural change, advancing leadership and talent development, and in rebuilding the company’s workforce through the strategic hiring of more than 17,000 employees since 2009,” Chrysler and Fiat CEO Sergio Marchionne said in a statement today.

“She was particularly helpful and close to me in the selection of the senior leadership that has been responsible for Chrysler Group’s comeback since 2009,” Marchionne said."

Rae also is Chrysler’s highest paid female executive, and is among its five highest paid executives. In 2012, Rae earned $3.3 million, including a $374,130 bonus. The company said Michael Keegan, who will become senior vice president of human resources, would replace Rae. Keegan will continue to serve as vice president supply chain management until a replacement is named. Keegan also will continue to be Chrysler’s sustainability officer and will become a member of the Group Executive Council for Fiat.

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Sources : Chrysler Hr Chief Set To Retire Photo | Chrysler Hr Chief Set To Retire Article


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