Cai Che, the CEO of Daimler, said the employment contract between him and the Company will be prolonged, which can be seen the result in February.
Cai Che said: “There is now good omen that I will continue to be the CEO of Daimler,” According to the contract, Cai Che’s term of service will terminate in December 31, 2013. He revealed that Daimler’s board of supervisors will held a conference to decide whether to update the contract in February.
Daimler’s board of supervisors will approve the agreement in February 6 to extend Cai Che’s contract term as CEO to 2018, two more years than media predicted before. In September last year, come people said Daimler considered prolonging Cai Che’s employment contract and he will be CEO till 2016.
Last year, Daimler Benz’s performance had a big gap with the rivals BMW and Audi. Investors are more and more afraid that Benz can’t catch BMW and Audi. The media starts to guess Cai Che’s future.
