Thomas W. LaSorda, born in 1956, has a strong background in the automotive industry, where he has held significant roles. He served as the President and CEO of Chrysler Group, leading the company from 2005 to 2007. Before that, he...
Thomas W. LaSorda, born in 1956, has a strong background in the automotive industry, where he has held significant roles. He served as the President and CEO of Chrysler Group, leading the company from 2005 to 2007. Before that, he worked at General Motors in various management positions. LaSorda’s career has been marked by hands-on experience in manufacturing, quality control, and operations, particularly in large organizations. His current connection with United States Steel Corporation as a board member shows his versatility, as he brings insights from the automotive sector into the steel industry, which has its own unique challenges. Interestingly, during his tenure at U.S. Steel, his compensation fluctuated significantly— earning about $8.6 million in 2015, but dropping to $2.1 million in 2016 due to unmet performance goals. LaSorda has also been active in insider trading, with notable purchases in multiple months over 2020 and into 2023, suggesting a hands-on approach to investing his own money into the companies he works with.