Age, Biography and Wiki
Thomas W. LaSorda is a Canadian-American businessman and former CEO of Chrysler Group LLC. He was born on July 24, 1954 in Windsor, Ontario, Canada. He attended the University of Windsor, where he earned a Bachelor of Science degree in Mechanical Engineering.
LaSorda began his career at General Motors in 1976, where he held various positions in engineering, manufacturing, and labor relations. In 2000, he was appointed President and Chief Operating Officer of the Chrysler Group. In 2005, he was named CEO of the Chrysler Group.
LaSorda retired from Chrysler in 2007 and currently serves as a senior advisor to Cerberus Capital Management, the private equity firm that owns Chrysler. He is also a member of the board of directors of Fiat Chrysler Automobiles.
As of 2021, Thomas W. LaSorda's net worth is estimated to be $50 million.
| Popular As |
N/A |
| Occupation |
N/A |
| Age |
70 years old |
| Zodiac Sign |
Leo |
| Born |
24 July, 1954 |
| Birthday |
24 July |
| Birthplace |
Windsor, Canada |
| Nationality |
Canada |
We recommend you to check the complete list of Famous People born on 24 July.
He is a member of famous with the age 70 years old group.
Thomas W. LaSorda Height, Weight & Measurements
At 70 years old, Thomas W. LaSorda height not available right now. We will update Thomas W. LaSorda's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Not Available |
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Thomas W. LaSorda Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Thomas W. LaSorda worth at the age of 70 years old? Thomas W. LaSorda’s income source is mostly from being a successful . He is from Canada. We have estimated
Thomas W. LaSorda's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
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Not Available |
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Not Available |
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Thomas W. LaSorda Social Network
Timeline
While Fiat asked LaSorda to stay on, he instead opted to step down as president and vice chairman and retired effective May 1, 2009, as Chrysler LLC filed for bankruptcy. LaSorda and Manoj Bhargava launched Stage 2 Innovations in May 2011 . Chris Brower, Kevin O'Connell, and Rick Manner were later named Managing Directors of the Fund. Stage 2 Innovations is a venture capital firm located in Farmington Hills, Michigan.
On August 5, 2007, the demerger of Daimler and Chrysler occurred, with the latter being 80% purchased by Cerberus Capital Management. In the resulting management shuffle, LaSorda agreed to assume the position as president and vice chairman of Chrysler LLC, with Bob Nardelli succeeding him as chairman and chief executive officer. Despite the appointment of a second vice chairman, Jim Press, LaSorda stayed on.
His titles at Chrysler LLC officially stated that he was in charge of manufacturing, procurement, and supply, employee relations, global business development, and alliances since August 2007. Despite his expertise in manufacturing, however, LaSorda's new role in the company was largely to find a new partner or buyer for Chrysler, leading to speculation that Cerberus Capital was less interested in rebuilding the auto manufacturer than it was to turning profit though a leveraged buyout.
On January 1, 2006, LaSorda succeeded Dieter Zetsche, a German from the parent company DaimlerChrysler (now Daimler AG), as Chrysler's CEO, as Zetsche was promoted to chief executive of DaimlerChrysler Group as a reward for the turnaround of Chrysler. That same year, LaSorda became a U.S. citizen, while retaining his Canadian citizenship.
In 2000, he joined the Chrysler Group as a senior vice president. He was first appointed to the board of Daimler in 2004 when he became chief operating officer. He was the architect of Chrysler's Toledo Supplier Park in Ohio, which integrated suppliers in a close relationship with Chrysler to produce the Jeep Wrangler.
Tom LaSorda is the third generation of his family to work for Chrysler, being the son of a CAW union local president. He graduated from the University of Windsor in 1977 with a dual degree (Bachelor of Arts and a Bachelor of Commerce), and earned an MBA in 1980. He is married with two daughters, and lives in Birmingham, Michigan.
In 1977, he joined General Motors, working chiefly in manufacturing. He helped to launch the GM-Suzuki joint venture plant, CAMI Automotive, in Ingersoll, Ontario, and he also served as president of Opel's Eisenach plant in eastern Germany.
Thomas William LaSorda, (born July 24, 1954, in Windsor, Ontario, Canada) is a Canadian-American automobile industry executive who served as CEO and President of the Chrysler Group. In December 2011, he joined the board of Fisker Automotive and assumed the role of CEO until his resignation in August 2012.
