Article: News Digest.(Eckhard Cordes joins Franz Haniel und Compagnie GmbH)(Dieter Zetsche is new CEO of DaimlerChrysler AG. Mercedes-Benz Passenger Cars & smart Div.)(ZF Friedrichshafen AG changes suppliers)

Haniel appoints Cordes chairman

MUNICH - Eckhard Cordes, former Mercedes Car Group CEO, is the new chairman of Franz Haniel & Cie, a German industrial group.

Cordes quit Mercedes August 31 after Dieter Zetsche, who was then Chrysler CEO, was chosen as new chairman of Mercedes' parent DaimlerChrysler to succeed Jurgen Schrempp.

Zetsche has since taken on Cordes' role as Mercedes CEO.

- Jens Meiners

For more Personnel changes, see Page 13.

ZF boosts sourcing from low-cost lands

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