Dieter Zetsche (born on May 5, 1953 in
Istanbul,
Turkey) is a
German businessman and the
Chairman of
Daimler AG and Head of
Mercedes-Benz Cars since 2006 as well as member of the company's Board of Management since 1998.
He was born while his father, Herbert Zetsche, a civil engineer, was temporarily in Turkey for a dam construction project. The family returned to
Germany in 1956. Dieter Zetsche attended school in
Oberursel (near
Frankfurt am Main) and studied
electrical engineering from 1971 to 1976 at the
University of Karlsruhe; he graduated as an engineer.
He joined
Daimler-Benz in 1976, working in the research department. In 1981, he became Assistant Development Manager at the Vehicles business unit. He completed his doctorate in engineering in 1982 at the
University of Paderborn.
He became a member of the DaimlerChrysler's Board of Management in 1998 and served the President/CEO of Chrysler Group from mid of 2000 to December 31, 2005, where he was credited with a turnaround of DCX's American operations. Since January 1, 2006, he succeeded
Jürgen Schrempp as Chairman of DaimlerChrysler (now Daimler AG), being succeeded in the position of Chrysler Group CEO by
Thomas W. LaSorda.
He was the main influence behind the demerger of Daimler and
Chrysler in 2007, which ended in the newly formed
Daimler AG.
Dieter Zetsche is credited with bringing significant core changes to the Mercedes-Benz company in an effort to turn around a decade long downward spiral in product quality and...
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