Schrempp to quit NYSE board, says Daimler

Newswire

BERLIN, Sept 27 (Reuters) - Juergen Schrempp, chairman of car giant DaimlerChrysler, is stepping down from the New York Stock Exchange board after the scandal that led to the ousting of CEO Richard Grasso over a $140 million payout. A spokesman for the German firm confirmed a report due to appear in the Welt am Sonntag newspaper on Sunday that Schrempp was leaving the NYSE board over the Grasso affair. Grasso quit earlier this month after 35 years at the NYSE following a storm of ...

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