A look back at some major CEO flameouts - Article Photos 4/5

FILE - In this Tuesday, Sept. 23, 2008, file photo, Chrysler LLC Chairman and CEO Bob Nardelli speaks with reporters in Auburn Hills, Mich. Nardelli was hailed as an outsider who could help save the U.S. auto industry by private equity firm Cerberus Capital Management, which installed him as the head of Chrysler in August 2007. But Nardelli, who spent most of his career in the executive ranks at GE before leaving to run Home Depot, had no experience in the complex business of auto manufacturing, and it showed. Instead of investing to improve Chrysler's substandard lineup, Nardelli focused on cutting jobs and closing plants. He alienated suppliers and dealers, who revolted when Chrysler announced plans to close dealerships and stopped financing leases. (AP Photo/Paul Sancya, File)