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DaimlerChrysler Corp. Names CEO

June 21, 2000

DETROIT (AP) _ DaimlerChrysler AG president James Holden has been named chief executive officer of DaimlerChrysler Corp., the North American arm of the German-American automaker.

DaimlerChrysler chairman Juergen Schrempp made the announcement Wednesday. Holden will assume the role once held by Robert Eaton on July 1.

``Jim’s experience is key at this important time in our company’s history,″ Schrempp said in a written statement. ``I expect that Jim will provide the leadership necessary for success in the highly competitive North American market and beyond.″

Holden will be responsible for Chrysler, Jeep, Dodge and Mopar businesses. Eaton retired March 31.

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