Mercedes-Benz chief steps down

08/19/2005 | USA Today · Advertising Age (tiered subscription model)

Eckhard Cordes, 54, head of DaimlerChrysler's global Mercedes-Benz Car Group, has been with the company for 29 years. His last day will be Aug. 31. The company didn't elaborate on his departure, but Cordes reportedly was disappointed about being passed over in July as successor to DaimlerChrysler CEO Juergen Schrempp.

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USA Today · Advertising Age (tiered subscription model)

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