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Subject: Joachim Zahn, 88, Ex-Daimler-Benz Leader

Author: Oct. 8

[ Next Thread | Previous Thread | Next Message | Previous Message ] Date Posted: October 17, 2002 5:58:31 EDT Joachim Zahn, a former German military officer who helped lead Daimler-Benz for more than 20 years, has died, the company said on Oct. 8. He was 88. Mr. Zahn was a senior executive at Daimler-Benz from 1958 until 1980, a period when the company, based in Stuttgart, built up its business at home and abroad with luxury autos and by competing in the truck market. He became chief executive in 1971 and retired nine years later. "The `grand old man' of the company was courageous but never rash," said Jürgen Schrempp, the chief executive of DaimlerChrysler and the man who led Daimler-Benz into its 1998 merger with Chrysler. "He is the man whose activity is indissolubly bound up with our company's success." Mr. Zahn joined the civil service when Germany was under Nazi rule in 1940 and he served as a German officer on the front lines in Russia and Italy during World War II. He returned to the civil service after the war, advising firms, including Daimler-Benz, during national reconstruction. He joined the company in 1958 as finance director. [ Next Thread | Previous Thread | Next Message | Previous Message ]