Ernst Lieb was removed as MBUSA CEO due to charging personal expenses to the company
Published on 10-23-2011 08:11 PM
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last week of MBUSA CEO Ernst Lieb being removed by Mercedes but speculation ran rampant as to why. Reports are coming out that Lieb abused the company expense account. What type of abuse? Apparently he renovated his home on Daimler's dime and charged his wife's country club membership to the company. In addition, he would charge personal flights to the expense account as well such as one such flight to Australia. Lieb was warned but another incident was too much for the brass to stand and he was let go. We are guessing the Mercedes USA CEO is paid pretty well so we have to simply say Lieb was an idiot for abusing the company expense account.
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