Bob Nardelli

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Bob Nardelli

Bob Nardelli

@bobnardelli

Founder & CEO XLR-8 LLC Investment and Advisory Company Former Chairman & CEO: Home Depot Chrysler Automotive CEO of GE: Power Systems Transportation

Katılım Nisan 2014
121 Takip Edilen1.9K Takipçiler
Bob Nardelli
Bob Nardelli@bobnardelli·
I had the privilege of participating in The Next Leader Program in Austin, Texas. This program offers future C-suite executives the opportunity to engage with and learn from highly experienced faculty and leaders who have achieved the highest levels of success. The participants were bright, engaged, and highly energized throughout the program, with a lot of interaction, sharing of values, insights, and experiences. The Next Leader Program is an excellent option for companies seeking to grow and develop their talent, particularly the next generation of C-suite executives. I would like to thank Yvonne Wagner, Brittany Walters, Klaudia Virkler, as well as the entire World 50 Group team, for hosting an excellent program. It was a pleasure to work with you each of you. I look forward to the next session. Congratulations and continued success!
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Bob Nardelli
Bob Nardelli@bobnardelli·
I had the distinguished honor of attending a special event to celebrate the passage of President Trump’s One Big Beautiful Bill, along with the 50th anniversary of the Laffer Curve. The U.S. Department of the Treasury hosted this special evening in the building’s historic Cash Room. It was a pleasure to hear and speak with Secretary of the Treasury Scott Bessent, Speaker of the House Mike Johnson, Dr. Arthur B. Laffer, and my great friend, Stephen Moore (not included in the picture).
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Bob Nardelli
Bob Nardelli@bobnardelli·
John, CONGRATULATIONS on your newly released book AVIATION ALCHEMIST, The Visionary Behind Aero Controls. What a fantastic story of a self-made man with a vision and determination to make it a successful reality. Enjoyed our morning together. All the best and continued success. John Titus, Founder/President of Aviation Controls Inc and Author of AVIATION ALCHEMIST, The Visionary Behind Aero Controls, soon to be available on Amazon.
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Bob Nardelli
Bob Nardelli@bobnardelli·
I am pleased to share the appointment of Matthew Haugk as Chief Executive Officer of Aviation Concepts LLC. Matt brings extensive experience in the aerospace industry, most recently serving as President & CEO of Safran Aerosystems Services Americas, LLC since 2020. He joined the Safran Group in 2017 as Vice President of Commercial Business & Customer Support at Safran Helicopter Engines. Prior to that, he spent 15 years at Rolls-Royce and has held various leadership roles across multiple aerospace organizations, building a distinguished career in the sector. Matt holds a degree in Aviation Management from Indiana State University and has served as a Reserve Officer in the U.S. Air Force for 25 years, where he completed Defense Leadership and Management training programs. His strong aeronautical background and leadership expertise make him a valuable addition to our team. Matt will also serve as a member of the Aviation Concepts Board of Directors. Congratulations, Matt, and wishing you success in your new role. Dean Wood will continue as Founder and President of Aviation Concepts in addition to his role on the Board of Directors.
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Bob Nardelli
Bob Nardelli@bobnardelli·
@EveningEdit @FoxBusiness I’m pleased to join @LizMacDonaldFOX today (Friday, 4/18) on “The Evening Edit” during the first half of the hour which airs between 5-6 PM ET to discuss status of Trump's tariffs. Hope you’ll tune in.
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Bob Nardelli
Bob Nardelli@bobnardelli·
@ClamanCountdown @FoxBusiness I’m pleased to join @LizClaman today (Tuesday, 4/15) on “The Claman Countdown” which airs between 3-4 PM ET to discuss the economy and getting manufacturing back to the US. I hope you’ll tune in.
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Bob Nardelli
Bob Nardelli@bobnardelli·
@MariaBartiromo @FoxBusiness @MorningsMaria @FoxNews - I enjoyed my interview yesterday morning with @MariaBartiromo. I listened very closely to @MariaBartiromo's two excellent interviews with Jamie Dimon and the Secretary of the Treasury. I agree with their message, and I would reinforce it. For example, I didn't sell any stock. I kept calm, and that's the message we should be putting out there. I've said this before: the Administration should throw out the 100-day plan and implement 100 ONE-DAY Plans because, with this Administration, it's like a football analogy: when there's a huddle in the Oval Office in 30 seconds, you may have a new game plan. Flexibility and agility are key, and the Trump Administration should put plans in place to determine what will happen with China, certainly on the retail side. From my experience at Home Depot, many of the products come from China. We are also hearing from other suppliers in the industry about a potential force majure. Some suppliers say they will pass on tariff increases to the consumer, just like a fuel surtax. The President has to stay agile, flexible, and ready to respond. We have to DOGE our businesses. That's not because of what's happening today. That's just the carryover of what we're experiencing. The PPI confidence is still below the mean, but the certainty of uncertainty is something we have to live with, get used to, and adapt to.
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Bob Nardelli
Bob Nardelli@bobnardelli·
@MorningsMaria @FoxBusiness @FoxNews - 2/2 With the tariffs announced yesterday, we can expect some modest price increases. We won't see the inflation rate from the last administration of 9.1%, but the seasonally adjusted rate will come down. There'll be some pullback. Consumers will be buying used cars, as the average age of the car park now is 12.6 years. Consumers will keep their vehicles longer. The auto parts industry, like Autozone, will benefit from this. Tariffs address a trade balance opportunity and a national security issue. The right thing to do for our country is to get a trade balance and also address the national security issue. Unemployment may exceed 4.1%; we will see some impact on the auto industry relative to pricing, as on several other consumer products. However, the critical point is that onshore manufacturing should be brought back to this country to regain our stability and strength globally. This will not happen overnight. Wall Street has conditioned us to the fact they do an exam every 90 days on public companies, and they get very upset if they don't have stability.
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Bob Nardelli
Bob Nardelli@bobnardelli·
@MorningsMaria @FoxBusiness @FoxNews - 1/2 I enjoyed my interview earlier this week with @MariaBartiromo in which we discussed the impact of tariffs on the auto industry and other sectors of our economy. Our country has become a society with instant gratification. We saw immediate results from early tariffs on Mexico and Canada; the border was closed and the flow of drugs reduced. We feel very positive about that. Longer-term tariffs will have an impact. There will undoubtedly be some rebalancing in the auto industry and others. Still, it will also have a very beneficial long-term impact, and that's what this president is trying to do. You can see that overall benefit when you have business leaders in the White House and the administration who have had to make payroll and create jobs. In 2009, Chrysler went through bankruptcy. We were in and out of bankruptcy in 42 days but had to rebalance to save the company. We didn't call it DOGE; we called it "survival,"! and that's what the auto and other sectors will have to do again. Stellantis has committed to moving production out of Canada, reopening the Belvidere plant, and bringing back 1,500 jobs to America.
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Bob Nardelli
Bob Nardelli@bobnardelli·
@MariaBartiromo @FoxBusiness @SundayFutures - Maria, what a great interview with Senator Ron Johnson from Wisconsin. The Senator is spot on with his thoughtful and well-articulated recommendations for adjusting the budget proposal. Common sense and affordability are key going forward.  The Senator's support for DOGE is spot on….  Why?  What is the common denominator? We now have experienced business leaders, including President Trump, Elon Musk, and Senator Ron Johnson, who all run a business. This has made a significant impact, and it is proof-positive that we need to spend less than we make.  Unlike going into bankruptcy, DOGE, along with Senator Ron Johnson's budget proposal, is the best way to reduce waste and excessive spending. Every household in America has this challenge: why not our government?
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Bob Nardelli
Bob Nardelli@bobnardelli·
@EveningEdit @FoxBusiness @LizMacDonaldFox - 4/4 It is historically accurate that "creep" gets into every function in every way. Posting too many jobs causes salary creep, organization complacency creeps in, and low-performing individuals are demoted up because you can't get rid of them.
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Bob Nardelli
Bob Nardelli@bobnardelli·
@EveningEdit @FoxBusiness @LizMacDonaldFox - 3/4 Having been in business for 53 years, I've dealt with a terrible budget, a dead fish in the refrigerator, and unplugged electricity. Often, the change agent, in this case, the President, takes the hit. Again, the more accomplished the staff around you, the better the results. It is key to have a clear strategy, assign responsibility with delegation and not abdication, give them the authority to do so, and hold them accountable for consequences.
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Bob Nardelli
Bob Nardelli@bobnardelli·
@EveningEdit @FoxBusiness @LizMacDonaldFox - 2/4 Change is unsettling, especially if you have never gone through it. Maybe some CEOs haven't had that challenge of economic cycles and are a little paralyzed. Tariffs may cause some prices to go up, a price many of us are willing to pay to close borders and prevent many of our citizens from being killed by drugs.
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Bob Nardelli
Bob Nardelli@bobnardelli·
@EveningEdit @FoxBusiness @LizMacDonaldFox - 1/4 It was a pleasure to join @LizMacDonaldFox yesterday.  The Democratic Party is in disarray with no clear leader; therefore, they scrabble among themselves to elevate someone to that position. I haven't seen this level of dissatisfaction with the democratic party in my entire life. The average American should be applauding President Trump and his staff. The President is using a scalpel, not a chainsaw. Considering 10 million illegal immigrants came into the country, and we're repatriating about 400 on this current travel, it's the right thing to do. It's a first step at getting rid of this lawless society that has emerged over the last four years.
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Bob Nardelli
Bob Nardelli@bobnardelli·
@EveningEdit @FoxBusiness I’m pleased to join @LizMacDonaldFOX today (Monday, 3/17) on “The Evening Edit” at the top of the hour which airs between 5-6 PM ET to discuss current business news issues affecting our economy. Hope you’ll tune in.
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Bob Nardelli
Bob Nardelli@bobnardelli·
@EveningEdit @FoxBusiness @LizMacDonaldFox - Yesterday, @LizMacDonaldFox and I had a chance to discuss  the reaction our government is having about DOGE. We have a CEO as president of this country, and he is doing what CEOs do. He appointed Elon Musk, who is telling our government to behave as the private sector does. Private sector employees must do the same things that Musk is asking for. Musk is driving out waste, inefficiencies, and lack of productivity. For example, it is common for managers and employees to report daily sales and weekly flash reports and for companies to set key performance indicators (KPI) to measure qualitative and quantitative results for all employees. Doge is finding precisely what happens when there's no oversight and no controls, whether in wages, lack of expense controls, or lack of good policies written, adhered to, and monitored. These measures are necessary for any company to get things back on track. The US is a big business, and we need to get control of it.
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Bob Nardelli
Bob Nardelli@bobnardelli·
@EveningEdit @FoxBusiness I’m pleased to join @LizMacDonaldFOX today (Tuesday, 2/25) on “The Evening Edit” at the top of the hour which airs between 5-6 PM ET to discuss current business news issues affecting our economy. Hope you’ll tune in.
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