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Daimler keeps Zetsche as CEO for another three years

Daimler keeps Zetsche as CEO for another three years

Any successor plans at the world’s third largest luxury automaker and the biggest truck maker need to be postponed a few years, with the company announcing that Dieter Zetsche’s contract would be extended for another three years. With supervisory board chairman Manfred Bischoff already telling shareholders during the firm’s annual […]

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Daimler gives its CEO a pay raise of 1.4%

Daimler gives its CEO a pay raise of 1.4%

Chief executive officer Dieter Zetsche has received a salary upgrade of 1.4 percent from Germany’s Daimler after in 2014 the executive steered Mercedes-Benz, the world’s third largest luxury automaker, to record sales. Besides posting the delivery record, the German carmaker also managed to close the gap with its archrivals BMW […]