Top Executive Leaves DaimlerChrysler for Mitsubishi

It must be a boost to Mitsubishi Motors North America's (MMNA) morale when a top executive joins the firm, being that the last few announcements were for highly positioned departures. Obviously David Schembri, MMNA's new sales and marketing head and ex-VP of DaimlerChrysler's Smart USA division, feels the Japanese automaker offers him a better future than the company that sent Mitsubishi Motors' stock tumbling after announcing it would not participate in a funding package last year.