September 10, 2007

Chrysler lures another top exec to head its Asia operations

Philip Murtaugh
Philip Murtaugh. Click image to enlarge

Auburn Hills, Michigan – Soon after luring Toyota North America’s President and COO, Jim Press, Chrysler LLC announced it has recruited another prominent executive. Philip Murtaugh, formerly executive vice president of Chinese automaker Shanghai Automotive Industry Corporation (SAIC), China’s largest automotive company, has been named Chrysler’s CEO – Asia Operations.

Murtaugh will be responsible for all of Chrysler’s Asian operations, including China and India. “I can’t think of anyone more qualified to lead our business activities in this critical growth region,” said Michael Manley, Executive Vice President – International Sales. Manley. “Phil has a proven track record and we are excited he has joined our team.”

“Growth in international markets and leveraging partnerships are
cornerstones of the Chrysler Recovery and Transformation Plan,” said Tom LaSorda, Vice-Chairman and President.

Before joining SAIC, Murtaugh served as Chairman and Chief Executive
Officer of the General Motors China Group from June 2000 until April 2005. Based in Shanghai, he was responsible for the overall coordination of GM’s extensive operations in mainland China and Taiwan. He also was a member of GM’s Asia Pacific Strategy Board.

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