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DAIMLERCHRYSLER SHUFFLES MANAGEMENT POSITIONS

DETROIT, Mich. -- DaimlerChrysler AG, the parent company of Freightliner LLC, is shaking up its senior management,...


DETROIT, Mich. — DaimlerChrysler AG, the parent company of Freightliner LLC, is shaking up its senior management, with company chairman Jurgen Scrempp taking over a new “executive automotive committee.”

This committee’s responsibilities will include commercial vehicle operations, as well as the Mercedes-Benz and Chrysler divisions. It will also head the company’s participation in a new joint-venture with Japan’s Mitsubishi Motors.

The head of DaimlerChrysler’s commercial-vehicles arm, Eckhard Cordes, will also sit on the committee.

The overhaul comes at an important time for DaimlerChrysler, a Germany-based company born out of the 1998 merger of Daimler-Benz and Chrysler.

DaimlerChrysler recently announced huge job cuts and a major corporate reorganization, citing a slow down in car sales as well as difficulties with managing its huge operations.

Exact details of the changes to the company’s management will be announced Monday, along with DaimlerChrysler’s year-end financial results.


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