Daimler to pick Cordes as Mercedes head -newspaper


FRANKFURT, June 22 (Reuters) - DaimlerChrysler will name trucks chief Eckhard Cordes to head its luxury Mercedes Car Group unit on July 28, Financial Times Deutschland reported on Tuesday, citing sources at the auto maker. Cordes won key approval from employee representatives on the supervisory board by engineering a turnaround of its loss-making commercial vehicles division without resorting to layoffs, it said. "He's done a brilliant job here," the paper quoted one source as saying. ...

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