The big news in the automotive market today is that James Press has left his position as president and chief operating officer of Toyota North America Inc. to become vice chairman and president of -- Chrysler LLC! Press is very well respected in auto circles, and he was the first non-Japanese executive to head the Toyota unit. He had spent 37 years at Toyota. This sort of thing happens fairly often in the auto industry, with companies hiring top execs away from competitors (or suppliers, or customers). Sometimes it works, sometimes the job change is temporary. This is for sure, Chrysler made a splash with this announcement.
Good career move?
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