OOps, I mean, The way of Plymouth. So much for spell check.
----- Original Message -----
From: <msersen@xxxxxxxxx>
To: <L-FORWARDLOOK@xxxxxxxxxxxxx>
Sent: Wednesday, January 26, 2000 4:56 PM
Subject: [FWDLK] DaimlerChrysler Co-Chair To Retire
>
> -----------------------------------------------
> This Excite News Article
(http://news.excite.com/news/ap/000126/16/daimlerchrysler-eaton)
> has been sent to you from msersen@xxxxxxxxx
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> Message from sender:
> Bob Eaton's going the wat of Plymouth!
>
>
> News Article: DaimlerChrysler Co-Chair To Retire
>
> DETROIT (AP) - DaimlerChrysler co-chairman Robert Eaton, the
> former Chrysler chairman and CEO who helped orchestrate the merger
> with Daimler-Benz AG, will retire from the company March 31.
>
> DaimlerChrysler said Eaton, 59, gave the announcement to a
> meeting of senior managers Wednesday, saying that "this is the
> right time for me to go."
>
> "The merger is complete," Eaton said, according to a company
> statement. "The structure and future leadership is in place. The
> two companies are one, my goal has been accomplished."
>
> When Chrysler was acquired by Daimler-Benz AG in 1998, Eaton
> said he would share the job of chairman with Daimler-Benz head
> Juergen Schrempp for no more than three years, then retire.
>
> Eaton had said he would retire earlier if the major hurdles of
> the merger were completed.
>
> "In the long-term, there can be only one boss," German
> magazine Der Spiegel quoted Eaton as saying in 1998.
>
> As recently as a few weeks ago, Eaton said in an interview there
> was "no new news to report" about his status with the company.
>
> Shares of DaimlerChyrsler were trading down 81 1/4 cents to $67.18 3/4
> in later afternoon on the New York Stock Exchange.
>
>
>
>
>
>
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