Fiat SpA (BIT:F)’s Chrysler changes gears post Diaz’s departure – 7201

Northern, WI 04/16/2013 (usastockreport) – Chief Executive Officer Reid Bigland of the Dodge brand has been moved to the Ram truck business By the U.S automaker majority Chrysler Group LLC that is owned by Fiat SpA (BIT:F) (Closed: $4.05, Down by 4.21%). He replaces Fred Diaz who has now moved on to join Nissan Motor Co., Ltd (TYO:7201) (Current: 991.00 JPY, Down by 1.98%). Bigland had joined Chrysler in 2006 and he continues being Chief Executive Officer and head of sales for Chrysler Canada. The Auburn Hills, Michigan-based company said that the former Fiat brand leader in North America, Tim Kuniskis, who has been a Chrysler employee for 21 years will now be the brand chief for Dodge in place of Bigland.

A record stretch
The company has been operating very profitably for the last three years without a break. Chrysler is now trying to maintain the momentum that it has gained in its United Sales gains and has been the longest such stretch in its records that date way back to 1985. Last year the company has exceeded expectations and surprised analysts as well. It had been the sole major U.S automaker who gained in sales on home ground. The 10-year veteran Chrysler employee, Jason Stoicevich will now be head of Fiat’s North America operations and will also continue with his current posting at the company’s California office.

Bruno Cattori will be taking over the Chrysler Mexico operations. In his 24 years with the company this was another post that Diaz had held. The Yokohoma, Japan-based company Nissan has said that Diaz will take over as president of sales and marketing for the company’s brand in the United States

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