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Article: Delphi game plan: Listen, slash.(Steve Miller appointed in Delphi Corp.)
- Article from:
- Automotive News
- Article date:
- June 27, 2005
- Author:
CopyrightCOPYRIGHT 2005 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Bradford Wernle
Steve Miller's renowned skill for listening and immersing himself in the financial details of a company will be put to the test at Delphi Corp.
Miller, 63, was named chairman and CEO last week of the giant auto supplier. He replaces retiring Delphi chief J.T. Battenberg III, 62, who will stay through July as a consultant.
Miller, a former Lee Iacocca associate at Chrysler Corp. and later turnaround specialist, is liable to get an earful from hourly workers at Delphi.
In an interview last week, Miller said Delphi's union-labor costs are too high, at about $60 an hour including benefits. He said a first order of ...