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LaSorda out at Fisker

Automotive News is reporting that ex-Chrysler CEO Tom LaSorda has been replaced as CEO of Fisker Automotive. Fisker’s new CEO is Tony Posawatz, former vehicle line director for the Chevrolet Volt.

No reason was given for the change, but in a company statement, LaSorda said, “”Tony is the perfect CEO for Fisker. He has been at the forefront of the industry’s technological revolution and one of the few people in the world to bring an EV to mass production.

“Part of my assignment at Fisker was to recruit a long-term CEO and I cannot think of a better person than Tony to take us forward. He is a real product guy for a product driven company.”

The move is effective immediately, though the 58-year-old LaSorda will remain an advisor to the company.

LaSorda’s tenure was brief: he was named as Fisker’s CEO at the end of February this year after joining the company as vice chairman in December 2011.

LaSorda joined Chrysler as head of manufacturing in 2000, rising to become the company’s COO in 2004 and CEO from 2005 to 2007 when he was made a co-CEO with Jim Press under Chairman Robert Nardelli during the Cerberus years. LaSorda retired from Chrysler prior to the company’s bankruptcy.

Fisker has been in the news recently because of a couple of fires that might be associated with its Karma passenger car. Fisker has been under a cloud since it lost a $529 million loan from the U.S. Department of Energy last year and had to halt its work on an ex-GM plant in Delaware that was supposed to be used for production of a new Fisker model.



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