DETROIT -- Nancy Rae, one of the top four women within Chrysler Group's executive ranks, will retire Jan. 1 after 35 years with the automaker, the company said today.
Rae, 57, has been senior vice president for human resources at Chrysler since 2000. The company has appointed Michael Keegan, 47, senior vice president for supply chain management, to succeed her.
Rae joined Chrysler in 1978 in the human resources department and spent her entire career there through four changes in ownership, one bankruptcy and two government bailouts.
"In her leadership role, Nancy has been a highly valued business partner in driving cultural change, advancing leadership and talent development, and in rebuilding the Company's workforce through the strategic hiring of more than 17,000 employees since 2009," Chrysler CEO Sergio Marchionne said in a statement.