Thursday, October 20, 2011

Deposed Mercedes-Benz USA CEO Lieb accused of financial wrongdoing

Deposed Mercedes-Benz USA CEO Lieb accused of financial wrongdoing

When Ernst Lieb (farthest right in the photo) was ousted as CEO of Mercedes-Benz USA earlier in the week, speculation was that he had been fired. While Mercedes has officially remained mum on the topic, a new report from the Financial Times says the cause of his departure was "irregularities in the human resources area," which FT says related to paying a household employee with company money. Apparently, an internal whistleblower busted Lieb, who FT says had already gotten into hot water over his wife's golf membership – which he was billing to the company.

Autoblog, Deposed Mercedes-Benz USA CEO Lieb accused of financial wrongdoing

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