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 executive’s sudden departure. Company officials issued this statement: “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. “I don’t understand
this. It had to be something personal, considering they’re gaining share and improving sales,” said analyst Joe Phillippi, of AutoTrends Consulting.
Since taking the helm at
Mercedes-Benz USA, Lieb has overseen steady growth. Mercedes sales are up 10.4% for the year, well ahead of the overall U.S. automotive market’s slow revival. The maker is now the
leading luxury brand in the U.S. – pushing past Toyota’s Lexus division, which has suffered serious product shortages as a result of Japan’s March 11 earthquake and tsunami.
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