SL/R230: Juergen Schrempp is fired!
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Juergen Schrempp is fired!
Mercedes Benz finally did something right. They have fired their CEO Juergen Schrempp.
This was the man clearly responsible for the fall in the Mercedes Benz brand.
Wall Street is rejoicing and so am I.
Mercedes Benz finally did to him what I wanted to do which is
This was the man clearly responsible for the fall in the Mercedes Benz brand.
Wall Street is rejoicing and so am I.
Mercedes Benz finally did to him what I wanted to do which is
Thread Starter
MBWorld Fanatic!
Joined: Oct 2004
Posts: 2,604
Likes: 125
2026 Mercedes CLE53A4 AMG Cabriolet and 2025 MAYBACH EQS680V4
Reuters News Article
July 28, 2005 01:43 PM ET
DaimlerChrysler CEO to leave, stock leaps
All Reuters NewsFRANKFURT (Reuters) - DaimlerChrysler stunned the automotive world on Thursday by announcing Chief Executive Juergen Schrempp will leave at year's end, eclipsing a solid quarterly earnings report and sending its shares soaring.
Schrempp, whom disgruntled investors accused at their annual meeting of poor performance and shoddy leadership, will hand over the reins of the world's fifth-biggest automaker to fellow German Dieter Zetsche, now head of resurgent U.S. arm Chrysler.
DaimlerChrysler CEO to leave, stock leaps
All Reuters NewsFRANKFURT (Reuters) - DaimlerChrysler stunned the automotive world on Thursday by announcing Chief Executive Juergen Schrempp will leave at year's end, eclipsing a solid quarterly earnings report and sending its shares soaring.
Schrempp, whom disgruntled investors accused at their annual meeting of poor performance and shoddy leadership, will hand over the reins of the world's fifth-biggest automaker to fellow German Dieter Zetsche, now head of resurgent U.S. arm Chrysler.
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Originally Posted by LovinSL600
July 28, 2005 01:43 PM ET
DaimlerChrysler CEO to leave, stock leaps
All Reuters NewsFRANKFURT (Reuters) - DaimlerChrysler stunned the automotive world on Thursday by announcing Chief Executive Juergen Schrempp will leave at year's end, eclipsing a solid quarterly earnings report and sending its shares soaring.
Schrempp, whom disgruntled investors accused at their annual meeting of poor performance and shoddy leadership, will hand over the reins of the world's fifth-biggest automaker to fellow German Dieter Zetsche, now head of resurgent U.S. arm Chrysler.
DaimlerChrysler CEO to leave, stock leaps
All Reuters NewsFRANKFURT (Reuters) - DaimlerChrysler stunned the automotive world on Thursday by announcing Chief Executive Juergen Schrempp will leave at year's end, eclipsing a solid quarterly earnings report and sending its shares soaring.
Schrempp, whom disgruntled investors accused at their annual meeting of poor performance and shoddy leadership, will hand over the reins of the world's fifth-biggest automaker to fellow German Dieter Zetsche, now head of resurgent U.S. arm Chrysler.
Schrempp was the one back in the mid 90's that insisted on cheaper parts from all of MB's suppliers, the suppliers warned him that MB quality would suffer; Schrempp ignored them all. Albeit much too late, Schrempp got what he deserved.
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Originally Posted by LovinSL600
Mercedes Benz finally did something right. They have fired their CEO Juergen Schrempp.
This was the man clearly responsible for the fall in the Mercedes Benz brand.
Wall Street is rejoicing and so am I.
Mercedes Benz finally did to him what I wanted to do which is
This was the man clearly responsible for the fall in the Mercedes Benz brand.
Wall Street is rejoicing and so am I.
Mercedes Benz finally did to him what I wanted to do which is
