Dieter Zetsche Net Worth
| Capital: | € 377 million |
| Age: | 66 |
| Born: | 05/05/1953 |
| Country of origin: | Turkey |
| Source of wealth: | Entrepreneurs |
| Last updated: | 2022 |
Short introduction
Dieter Zetsche, born on May 5, 1953 in Istanbul, Turkey, is a German businessman, former CEO of the transnational organization Daimler AG, head of Mercedes-Benz Cars (from 2006 to 2019) and member of the board of directors (from December 16, 1998 till May 22, 2019). Since 2010 he has lived withinside the municipality of Lierna on Lake Como, wherein he sold a villa.
Early life
Dieter Zetsche become born on May 5, 1953 in Istanbul, Turkey. His father Herbert Zetsche, a civil engineer through career in 1953, become quickly in Turkey to construct a dam. The own circle of relatives lower back to Germany in 1956. Dieter Zetsche attended faculty in Oberursel (close to Frankfurt) and studied electric engineering on the University of Karlsruhe from 1971 to 1976.
He has an engineering degree. In 1976 Dieter moved to the Daimler-Benz organization and labored withinside the studies department. In 1981 he have become deputy improvement supervisor for automobile construction. Dieter obtained his doctorate in 1982 from the University of Paderborn.
Career
Zetsche have become a member of the Board of Directors of DaimlerChrysler in 1998 and become Chairman of the Chrysler Group from mid-2000 to December 31, 2005. On January 1, 2006, Dieter normal the provide from DaimlerChrysler CEO Jürgen Schremp to end up chairman of the board of DaimlerChrysler (later Daimler AG) and to go away the placement of CEO of the Chrysler Group.
On September 26, 2018, Dr. Zetsche resigned on May 22, 2019 according with the Daimler AG Charter, which stipulates the want to rotate executives. After leaving the enterprise, Zetsche took over the honorary publish of chairman of the supervisory board. Dieter become covered in Time Magazine’s 2006 listing of the one hundred Most Influential People of the Year in 2006.
On June 30, 2006, the Chrysler Group introduced the Employee Pricing Plus application, wherein Dieter Zetsche as Dr. Z (Doctor Zee), the DaimlerChrysler spokesman, become featured in some of U.S. and Canadian tv commercials.
The “Ask Dr. Z ”marketing campaign covered media additives for tv, radio, print, online, income and consumer courting advertising in addition to competitive advertising strategies (cell billboards, aerial banners, road teams) and become geared toward the NASCAR fan base. In the “Ask Dr. Z ”he solutions consumer questions and ends with“ good-bye ”.
In the marketing and marketing marketing campaign, the consumer gain of the satisfactory American and German era and the satisfactory design, that are set up in each Chrysler, Jeep and Dodge automobile, become emphasized. It become Zetsche riding a pile of timber in a Jeep Liberty, some other spot confirmed him withinside the trunk of a Dodge Caravan minivan, and the remaining one confirmed him in the back of the wheel of a Chrysler Pacifica – while it become subjected to a crash test, it emerged unscathed from the wreck .
In reaction to falling income, the Employee Pricing Plus application become prolonged till the give up of August and the August marketing campaign with 3 new TV spots with out Dr. Z expanded. After 3 months, however, DaimlerChrysler swiftly withdrew the Dr.-Z marketing campaign because of a sizeable lack of marketplace share. Some of the Dr. However, Z advertisements can nonetheless be visible on Canadian tv.
CNW Marketing Research surveys determined that maximum humans Z idea to be a fictional character, did now no longer be aware the worker bargain provide withinside the commercials and listeners of radio marketing and marketing had issue expertise his German accent.
In February 2018, earlier than pronouncing his departure from Daimler, Zetsche become elected to the Supervisory Board at the overall assembly of the tourism enterprise TUI AG. This become formally showed in May 2019 while Zetsche become appointed TUI’s new Chairman of the Supervisory Board.
Career highlights
He led a very powerful control group at Chrysler Group and become nicknamed Doctor Zed (Dr. Z or Doctor Zee). The major cause for this become the Employee Prizing Plus incentive machine he brought on July 1, 2006. The nickname Dr. Z become used withinside the Ask Dr. marketing and marketing marketing campaign. Ask Dr. Zed ran in North America, wherein Dieter Zetsche replied questions from ability consumers in English, however with a sturdy German accent.
On May 22, 2019, at the day of Dieter Zetsche’s resignation as head of Daimler AG, the competing automobile organization BMW AG posted a video on Dieter on its legit video channel. The video, which lasts approximately a minute, indicates how Zetsche leaves the enterprise’s workplace at the remaining operating day, says good-bye to the employees, receives right into a Mercedes-Benz limousine expecting him and drives home. At home, Dieter says good-bye to the driver, enters the house, is going into the storage from which he drives out with a BMW i8 Roadster. The video ends with the words “Thank you, Dieter Zetsche, for the long-standing, inspiring competition …”
Famous quotes
As validated through Tesla, there also can be a marketplace on the opposite aspect of the range. If that’s a possibility, we’ll have a look at it.
– Daimler boss Dieter Zetsche
This is an enterprise wherein the cycle takes 14 or 21 years to get clearly sturdy and relevant.
– Daimler boss Dieter Zetsche
