Jürgen E. Schrempp

Jürgen Erich Schrempp (born September 15, 1944, in Freiburg) was the CEO of Daimler-Benz from May 1995 to December 31, 2005, which became DaimlerChrysler, a German-American car and truck manufacturer.

Following a decision of the board taken on July 28, 2005, he was succeeded on January 1, 2006, by Chrysler frontman Dieter Zetsche.

In addition to the acquisition of Chrysler, Schrempp pursued the acquisition of Mitsubishi Motors as part of his 'Three Pillars' strategy to expand the reach of Daimler-Benz into the major markets of the United States and Asia.

Schrempp is a Director of South African Coal, Oil and Gas Corporation Ltd., and Compagnie Financière Richemont S.A., Switzerland.

Additional engagements include the Chairmanship of United Global Academy - UGA, the advisory board of Deutsche Bank, the European Advisory Board of Harvard Business School, and the German Council of INSEAD.

Jürgen E. Schrempp in 1993