Chrysler Group LLC: Chrysler Group Supports Diversity, Talent Development and Leadership Through Sponsorship of the National Student Case Competition

Chrysler Group Supports Diversity, Talent Development and Leadership Through Sponsorship of the National Student Case Competition


AUBURN HILLS, Mich., Oct. 10, 2011

* Unique annual event enables talented, high-potential MBA candidates from the nation’s leading business schools to compete for scholarships

* Company has been the exclusive sponsor of the competition since 1995, conducted annually at the National Black MBA Association’s Annual Conference and Exposition

* The team from Florida A&M University wins the 2011 competition, teams from Penn State University and the University of Georgia finish second and third respectively

Talented MBA candidates from many of the nation’s leading business schools competed for $50,000 in scholarships in the 2011 National Student Case Competition, sponsored by Chrysler Group LLC.

The National Student Case Competition is a unique, annual event designed to give high-powered student teams an opportunity to demonstrate their knowledge and problem-solving skills in a formal competition. Teams are given a hypothetical business case from which they develop business solutions. Each student team then prepares and presents its case before a panel of experienced business executives. Teams are judged on their analysis of the case, the feasibility of their recommendations and the quality of their presentations.

The competition is held as part of the National Black MBA Association’s Annual Conference and Exposition, which was held this year October 4-8 in Atlanta. Chrysler Group has been the exclusive sponsor of the National Student Case Competition since 1995. Over that time, more than 1,500 MBA students have participated in the competition.

“Programs like the National Student Case Competition enable Chrysler Group to identify the talented future business leaders,” said Nancy A. Rae, Senior Vice President of Human Resources, Chrysler Group LLC and Co-Chair of the Company’s Global Diversity Council. “Over the years, the competition has evolved into the premier showcase event for student achievement and an important way Chrysler Group demonstrates its continuing commitment to developing diverse talent and future business leaders.”

This year, the students from the Florida A&M University took home the first place trophy as national champions and $25,000 in scholarships. The winning team members were Antoinyce Eaton, Benjamin Evans and Cianna Reaves, all current MBA students at Florida A &M University. The second and third place teams represented Penn State University and the University of Georgia, earning $15,000 and $10,000 in scholarships respectively.

About Chrysler’s Leadership Commitment to Diversity and Inclusion

Chrysler historically has been a leader in promoting diversity throughout its enterprise. The Company was recognized five times by the Human Rights Campaign Foundation as one of the country’s leading corporations supporting diversity and inclusion.

Since 2009, Chrysler Group has been named to HispanicBusiness magazine’s annual Diversity Elite 60 list for implementing strategies to reach more Hispanic customers and to pursue more business with minority- and Hispanic-owned suppliers.

Early in 2010, CEO Sergio Marchionne assumed the role as executive sponsor of Chrysler’s Global Diversity Council and reaffirmed the commitment of Chrysler’s leadership team to the values and principles of diversity. “Culture is the fabric that holds organizations together. It is not just an ingredient for success; it is the essence of success itself,” Marchionne wrote. “This is why my leadership team and I are committed to creating an atmosphere where all of our people feel respected and valued, because every person plays an important role in shaping our future, including employees, our supply base, our marketing and our dealer network. Chrysler Group LLC and its people have a future with promise. We will reach the full measure of that promise only as one, united diverse team.”

In March 2011, the editors of DiversityInc magazine named Chrysler Group to the magazine’s 2011 list of “Top 50 Companies for Diversity.” This coveted annual benchmark is comprised of companies the magazine’s editors believe are diversity-management leaders. This was the fifth year since the list was established in 2001 that Chrysler has been included.

In April 2011, Chrysler Group was named among nation’s “Top Supporters” of Engineering Programs of Historically Black Colleges and Universities, recognizing the Company’s efforts in developing, recruiting and hiring talented students pursuing technical careers at the nation’s minority-serving institutions.

About Chrysler Group LLC

Chrysler Group LLC, formed in 2009 from a global strategic alliance with Fiat S.p.A., produces Chrysler, Jeep, Dodge, Ram, SRT, Fiat and Mopar vehicles and products. With the resources, technology and worldwide distribution network required to compete on a global scale, the alliance builds on Chrysler Group’s culture of innovation, first established by Walter P. Chrysler in 1925, and Fiat’s complementary technology that dates back to its founding in 1899.

Headquartered in Auburn Hills, Mich., Chrysler Group’s product lineup features some of the world’s most recognizable vehicles, including the Chrysler 300, Jeep Wrangler, Dodge Challenger and Ram 1500. Fiat contributes world-class technology, platforms and powertrains for small- and medium-size cars, allowing Chrysler Group to offer an expanded product line including environmentally friendly vehicles.

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NOTE TO EDITORS: For more information, please visit the Chrysler Group LLC media site at http://www.media.chrysler.com <http://globalmessaging1.prnewswire.com/clickthrough/servlet/clickthroughmsg_id=7011773&adr_order=25&url=aHR0cDovL3d3dy5tZWRpYS5jaHJ5c2xlci5jb20%3D>

CONTACT: Mike Palese, +1-248-512-2682 (office), +1-313-930-1252 (cell), michael.palese@chrysler.com, or Shawn Morgan, +1-248-512-2692 (office), +1-248-760-2621 (cell), shawn.morgan@chrysler.com

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