Chrysler CPO in surprise retirement

15 December 2008
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15 December 2008 | Jake Kanter

Chrysler's chief procurement officer, John Campi, has retired for health reasons.

Campi, who joined the company in January, had begun a radical overhaul of the manufacturer's purchasing and supplier relationships (Web news, 7 May). He said the firm had taken "significant" steps to streamlining its procurement structure, processes and people.

The beleaguered US automotive company immediately moved to fill the role, appointing Scott Garberding, formerly vice-president, global alliance operations, to take control of procurement at the firm.

Thomas LaSorda, vice-chairman and president of Chrysler, said in a statement: "I am grateful for John's commitment and his bold actions in the relatively short time he's been with us. I have every confidence that Scott will do the same at this critical time."

The car manufacturer is currently in a precarious position after it, along with Ford and General Motors, failed to secure loans of $32.2 billion (£21.8 billion) from the US government.

Chrysler had planned to use $9.2 billion (£6.2 billion) of the $11.2 billion (£7.6 billion) it had asked for to pay its suppliers in the first three months of 2009.



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