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Mercedes Benz's parent company will soon have a new boss and its first non-German CEO

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Daimler, the parent company of Mercedes-Benz, announced on Wednesday that CEO Dieter Zetsche will step down next May. Zetsche will be replaced by current board member Ola Källenius. Källenius, a native of Sweden, will be Daimler's first non-German CEO.

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