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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.

Author: Power, Stephen, Taylor, Edward
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
Management dynamics, Management, Company business management, Zetsche, Dieter

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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.

Author: Power, Stephen, Walker, Marcus, Taylor, Edward
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
Sales, profits & dividends, Company sales and earnings, Company earnings/profit, Schrempp, Jurgen E.

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Subjects list: Officials and employees, Germany, Appointments, resignations and dismissals, Transportation equipment industry, Company Profile, Daimler AG
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