LaSorda to Remain As Chrysler Boss

The Associated Press BERLIN — DaimlerChrysler AG said Thursday that it has extended the contract of the head of its Chrysler Group, Tom LaSorda, for an extra five years through 2012.

LaSorda, a 52-year-old Canadian, has been a member of DaimlerChrysler's management board since May 2004, and became CEO of Chrysler in September 2005. He joined Chrysler in 2000 after previously working for General Motors Co.DaimlerChrysler said its board of directors named LaSorda, who had a contract through April 30, 2007, as president and chief executive of its U.S. auto division for five more years.