Friday, December 16, 2011

Mercedes-Benz USA announces Cannon as new CEO

Mercedes-Benz USA announces Cannon as new CEO

Mercedes-Benz USA has named marketing boss Steve Cannon as its new Chief Executive Officer effective January 1. Automotive News reports that Cannon, who has been with MB for 20 years, is only the second American to hold the post in the luxury brand's long history. Financial boss Herbert Werner had been serving as interim CEO after the departure of MB USA boss Ernst Lieb. Lieb left the company in disgrace after a scandal was uncovered involving improper use of company funds.

According to Automotive News, dealers appear happy with the choice of Cannon.

Autoblog, Mercedes-Benz USA announces Cannon as new CEO

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