DaimlerChrysler gains traction from CEO shift
Article Abstract:
DaimlerChrysler AG of Germany has appointed a new Chief Executive Officer, Dieter Zetsche. The new management is restructuring the Mercedes division and improving the workforce of the autombile giant. Market capitalization of DaimlerChrysler AG has fallen to $50.6 billion, causing some investors to complain that shares are undervalued.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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After bumpy tenure at Daimler, Schrempp hands over the keys
Article Abstract:
Chief Executive Officer Juergen Schrempp has announced his retirement plans and will be leaving DaimlerChrysler AG, ending a ten year career as the head of the company. The German automobile manufacturer has reported mixed earnings for the second quarter, with a small profit from the Mercedes division.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Comment about this article or add new information about this topic:
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