Chrysler Group’s day-to-day operations are managed by a highly skilled and motivated management team. As part of the reorganization of its management, experienced leaders were drawn from both Chrysler Group and Fiat and the organizational structure was flattened. To facilitate collaboration and enhance speed of decision-making, two management committees chaired by Sergio Marchionne, the Chief Executive Officer of both Chrysler Group and Fiat, meet regularly to consider significant operational matters. The Product Committee oversees capital investment, engineering and product development, while the Commercial Committee oversees matters related to sales and marketing. Both committees include managers from each of the company’s brands (Chrysler, Jeep, Dodge, Ram, Mopar, SRT and Fiat), all of whom also have separate functional responsibilities across all the brands. We believe this structure further fosters cooperation, information sharing and timely decision-making.