DaimlerChrysler extends CEO contract, reshapes board

Newswire

FRANKFURT, Feb 18 (Reuters) - DaimlerChrysler AG said on Wednesday it intended to extend the contract of Chief Executive Juergen Schrempp and appointed a new finance chief and a new head of its Mercedes luxury cars unit. DaimlerChrysler said in a statement that the supervisory board had voted unanimously in favour of extending Schrempp's contract, which runs until the annual shareholder meeting in 2005, for a further three years. The world's fifth largest carmaker also said that Wolfgang ...

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