DaimlerChrysler AG on June 12 announced the retirement of Thomas Sidlik, member of the company’s board of management. Sidlik has been a member of the board since December 1998, and has been responsible for global procurement and supply since December 2003. The retirement of Sidlik becomes effective at the closing of the takeover of the Chrysler Group by Cerberus Capital Management in the third quarter.
As previously announced, there will no longer be a separate board of management position for procurement after the realignment. In the future, all procurement activities will be directly coordinated between the divisions. Within the board of management, Bodo Uebber will additionally assume overall responsibility for procurement.
Sidlik will continue as chairman of the board of trustees of
"Mr. Sidlik has been committed to the success of DaimlerChrysler since Day One of the merger,” said Dieter Zetsche, chairman of the board of management of DaimlerChrysler AG and head of Mercedes Car Group. “He has been a loyal and supportive member of the board of management. Now, based upon the new management concepts for the Chrysler Group and DaimlerChrysler, it is a logical step that he leaves the board. This is a mutual and agreeable decision by both."
Sidlik joined the Chrysler Corporation in 1980.
