Nardelli Poaches Another One

Big, big news today as a top Toyota executive in the US, James Press, has been “poached” by Chrysler. This is at least the second big named Toyota person to jump ship for no doubt huge money.

Chrysler said Press will be charged with overseeing the vehicle maker’s North American sales, international sales, global marketing, product strategy and service and parts operations. The newly minted Chrysler executive also gains a seat on Chrysler’s board of directors and will also be appointed to an executive position at Cerberus Capital Management.

I am not sure what to make of this… but my initial, gut instinct, is this. Toyota is much bigger than one man. They will continue to prosper just fine without Mr. Press.  And I will not sit here and judge Mr. Press for his decision. I hope it works out for him.