DaimlerChrysler's Robert Eaton is set for retirement windfall

Article Abstract:

DaimlerChrysler AG's co-chairman, Robert Eaton, will be retiring from the company. Mr. Eaton will receive approximately $45.2 million (45.1 million euros) in cash and stock as part of his retirement.

Abstract

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DaimlerChrysler's Eaton announces his retirement

Article Abstract:

Robert Eaton, the co-chairman of DaimlerChrysler AG, will retire from his post on March 31, 2000. The move will leave Juergen Schrempp as the car maker's only chairman.

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Schrempp pins hopes on four lieutenants

Article Abstract:

As DaimlerChrysler AG head Juergen Schrempp faces several problems, including: an eight billion dollar lawsuit, a failed Mitsubishi car project, and several internal troubles at DaimlerChrysler; he looks to four trusted associates: Andreas Renschler, Rolf Eckrodt, Eckhard Cordes, and Dieter Zetsche to help smooth things over.

Strategy & planning, Motor Vehicles and Equipment, Management, DCX, Eckrodt, Rolf, Zetsche, Dieter, Renschler, Andreas, Cordes, Eckhard

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