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NEW YORK DaimlerChrysler said today that its CEO and chairman, Juergen Schrempp, would leave his position by the end of 2005 and that he would be replaced by Dieter Zetsche, who heads up Chrysler. Zetsche in turn will be replaced by Thomas LaSorda, COO at Chrysler.
DaimlerChrysler said Schrempp, whose contract was valid through 2008, would leave at the end of the year and would draw no salary after the end of 2005.
“Through our brand and product portfolio and our presence in more than 200 countries, we are uniquely positioned,” Schrempp, who has been with the company for more than four decades, said in a statement.
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