Kathleen M. Oswald named Chief Administrative Officer For DaimlerChrysler Corporation
21 June 2000
DCC announces key appointments and realignmentsAUBURN HILLS, Mich. - James P. Holden, President and CEO, DaimlerChrysler Corporation (DCC) announced a number of key organizational realignments and appointments beginning with Kathleen M. Oswald to the newly created position of Chief Administrative Officer (CAO) effective July 1, 2000. This position will report dually to the President and CEO on administrative matters pertaining to DCC and to Juergen E. Schrempp, Chairman DaimlerChrysler AG on global human resource matters. "Kathy's appointment is significant -- the CAO is a key position in our organization," said Jim Holden. "I am very pleased to recognize her with this new and challenging assignment. She is an exceptional manager and brings broad administrative experience to this position. We believe this makes Kathy the highest ranking woman in our industry. With Kathy assuming responsibility for all administrative functions, I can focus on the DCC operations and executive responsibilities." The CAO provides critical support to the President and CEO by assuming responsibility for all DCC administrative functions including Human Resources, Employee Relations, State and Local Government Relations, Executive Management Development, and the day-to-day operations of the e-Connect Platform and the DCC Business Strategy functions, which continue to report to Jim Holden on matters of strategy. Kathy Oswald will also be directly responsible to the Chairman of DaimlerChrysler AG on matters of global Human Resources. Nancy A. Rae is appointed Senior Vice President - Human Resources and will be responsible for Human Resources issues pertaining to DCC. Nancy most recently served as Vice President - Compensation & Benefits. "Nancy brings a wealth of human resources experience to this position," said Kathy Oswald, CAO DaimlerChrysler Corporation. "With her strong HR background and leadership ability, Nancy will continue to move the company forward in this area." Thomas J. Hadrych is appointed Vice President - Benefits, reporting to Nancy Rae. He assumes responsibility for Integrated Health Care & Disability, Retirement & Savings, Compensation & Benefits Communications, and Human Resources Supply Chain, which reports dually to Nancy Rae, who has functional responsibility for HR Business Process Planning. Tom most recently served as Director - Facility Services & Program Management. John S. Franciosi is appointed Senior Vice President - Employee Relations replacing Thomas Gallagher, who has announced his intention to retire June 30, 2000. John most recently served as Vice President - Union Relations and Security Operations. "John's rich background in labor relations and manufacturing make him the prime candidate for this position," said Kathy Oswald. "This company values its relationship with the UAW and our other unions. We are confident that under John's leadership, we will continue the tradition of strong union relations that Tom Gallagher and his team worked so hard to establish." Kenneth J. McCarter is appointed Vice President - Union Relations and Security Operations, reporting to John Franciosi. Ken is responsible for interface with the UAW and other unions as well as plant and corporate security matters. Ken most recently served as Vice President - Human Resources, DaimlerChrysler Canada. Gary E. Dilts is appointed Senior Vice President - eConnect Platform. He will report to Kathy Oswald for day-to-day operations and to Jim Holden for eConnect Strategy. Gary most recently served as Vice President - eConnect Platform. "E-Business is a high priority at DaimlerChrysler," said Kathy Oswald. "Gary has clearly demonstrated a firm grasp of the complex issues in this arena. This coupled with his experience connecting the many DCC partners over the last few years make him our strongest candidate to lead this charge." Realigned to report to the CAO are: * Frank Fountain, Senior Vice President - State & Local Government Relations; * A Vice President - Business Strategy, to be appointed at a later date, will also report to Kathy Oswald for day-to-day operations and to Jim Holden for matters of business strategy; * Wilfred Porth, Vice President - Global Executive Management Development, who will continue to report dually to Kathy Oswald and Gunther Fleig, Board of Management member for Human Resources; * Patricia Anderson, who is appointed Director - Compensation and Organizational Planning and who will report to Kathy Oswald regarding global executive compensation and to Nancy Rae on matters of DCC compensation and organizational planning. * Charles Braswell, Director - Global Business Travel Management. In addition, Steven Rossi, Vice President - NAFTA Communications is realigned to report directly to Jim Holden on all matters pertaining to DCC. He maintains a functional reporting relationship to Christoph Walther, Senior Vice President - Communications in Stuttgart, Germany. "With these key announcements and realignments combined with those made over the course of the last two months, DCC has an excellent leadership team in place," said Jim Holden. "With our roster of talent and experience, I am confident that we are well positioned to meet the mounting competitive challenges head-on."