http://www.thedetroitbureau.com/2011/10/ernst-lieb-ousted-as-merced...

 

Ernst Lieb Ousted as Mercedes US Chief

Unexpected ouster effective immediately – but no explanations.

by Paul A. Eisenstein on Oct.17, 2011

In a striking and unexpected move Daimler AG has announced that Ernst Lieb has been relieved of his duties as CEO of the maker’s Mercedes-Benz USA operations effective immediately.

The move took even well-placed insiders by surprise, triggering a variety of rumors about the well-liked executives sudden departure.  Company officials issued only a terse formal statement noting, “Ernst Lieb has been excused from his duties as CEO of Mercedes-Benz USA (MBUSA), effective immediately. Daily business operations of MBUSA will be conducted by Herbert Werner (CFO and Vice President Finance, Controlling & IT) until further notice.”

The fact that Werner will handle Lieb’s duties on an apparently temporary basis underscores the apparent suddenness of the shake-up....

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