 That same year, LaSorda became a U.S. citizen, while retaining his Canadian citizenship.On August 5, 2007, the demerger of Daimler and Chrysler occurred, with the latter being 80% purchased by Cerberus Capital Management.In the resulting management shuffle, LaSorda agreed to assume the position as president and vice chairman of Chrysler LLC, with Bob Nardelli succeeding him as chairman and chief executive officer.