Daimler truck and bus chief resigns

STUTTGART, GERMANY -- Dr. Wolfgang Bernhard is stepping down as the head of Daimler Trucks and Buses a year before his contract expired, citing personal reasons. Chief executive Dr. Dieter Zetsche will head the business unit until a successor is appointed. "We regret this resolution, but we have a number of outstanding managers to succeed. We thank Wolfgang Bernhard for his committed work and respect his personal decision," stated Manfred Bischoff, chairman of the supervisory board.