Monday, December 19, 2011

New CEO for Mercedes in U.S.

Mercedes-Benz USA is planning to promote their marketing chief Stephen Cannon to CEO.

Stephen Cannon is been appointed as the new CEO of Mercedes-Benz USA since Ernst Lieb was fired abruptly in October for alleged misuse of company funds.

Stephen Cannon is the second American to become CEO of Mercedes-Benz USA after Mike Jackson, the current CEO of AutoNation Inc.

Mercedes in U.S

Herbert Werner, 56, vice president of finance at Mercedes-Benz USA and the only German on the automaker's U.S. executive team, has been serving as interim CEO.

Cannon began his automotive career in 1991 as executive assistant to the president and CEO of Mercedes-Benz of North America.

He later relocated to the automaker's global headquarters in Stuttgart, Germany, and joined a small team assigned with the development, manufacturing and launch of the M-Class.

It was the first Mercedes-Benz SUV ever made in and for the U.S. market.

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