Wall Street Journal logo Wall Street Journal 2 weeks ago

Ex-CEOs Lend Struggling Companies a Hand

By Joann S. Lublin John "Jack" Krol, who was named last week as outside chairman of auto-parts maker Delphi Automotive LLP, exemplifies a growing boardroom trend: former chief executives taking an active role steering troubled companies.Mr. Krol, 73... Full Article at Wall Street Journal

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  1. 'Carnival Dream,' the newest and largest ship in the Carnival Cruise Lines fleet, sails down the Hudson River and past lower Manhattan as she leaves on her maiden voyage from New York, November 13, 2009. At 130,000 tons and 1,004 feet, the vessel is nearly as long as the Chrysler Building is tall.
  2. AUBURN HILLS, MI - NOVEMEBER 4:  Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO, heads for lunch during a break in a meeting at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan. Marchionne laid out Chrysler's new 5-year business plan.
  3. AUBURN HILLS, MI - OCTOBER 1: Chrysler CEO Sergio Marchionne (L) attends a press conference with Claudio Scajola, the Italian Minister of Economic Development, at Chrysler headquarters October 1, 2009 in Auburn Hills, Michigan.
  4. FRANKFURT AM MAIN, GERMANY - SEPTEMBER 16:  A model  sits inside a Chrysler car at the international motor show IAA on September 16, 2009 in Frankfurt am Main, Germany. The world's biggest auto show runs until September 27.
  5. WASHINGTON - JUNE 12: Chrysler CEO, James Press (R) General Motors CEO Fritz Henderson (L) listen to testimony during a House Energy and Commerce Committee hearing on Capitol Hill, June 12, 2009 in Washington, DC.
  6. COCONUT CREEK, FL - JUNE 10:  A Chrysler sign hangs on the side of Maroone Chrysler Jeep Dodge dealership after it was forced to close June 10, 2009 in Coconut Creek, Florida. Italy's Fiat automobile company became the new owner of most of Chrysler's assets today.
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  9. US President Barack Obama delivers remarks on the American automotive industry from the Grand Foyer of the White House in Washington, DC on June 1, 2009.

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