DaimlerChrysler: Supervisory Board Decides on Personnel Changes
* Dr. Dieter Zetsche (52) to take charge of the Mercedes Car Group as of September 1, 2005
* Dr. Eckhard Cordes (54) to leave DaimlerChrysler at his own request on August 31, 2005
* Thomas W. LaSorda (51) and Eric Ridenour (46) to assume their new positions at Chrysler Group as of September 1, 2005
STUTTGART, Germany, Aug. 18 -- The Supervisory Board of DaimlerChrysler AG today has taken the following personnel decisions:
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As previously announced, Dr. Dieter Zetsche (52), at present Head of Chrysler Group, will be appointed Chairman of the Board of Management of DaimlerChrysler AG as of January 1, 2006. In addition, he will become Head of Mercedes Car Group as of September 1, 2005.
Dr. Eckhard Cordes (54), Head of Mercedes Car Group, will leave the company at his own request on August 31, 2005, after 29 years of service.
Thomas W. LaSorda (51) will become Head of Chrysler Group as of September 1, 2005. On the same date, Eric Ridenour (46) will succeed Thomas W. LaSorda as Chief Operating Officer (COO) of Chrysler Group.
Ridenour has been appointed as Member of the DaimlerChrysler Board of Management for a period of three years starting on September 1, 2005.