Daimler CEO Dieter Zetsche to step down in 2019

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Daimler has introduced that Dieter Zetsche will step down from his position as CEO and chairman of the administration board subsequent yr. He will probably be changed by Group Analysis and Mercedes-Benz Automobiles Growth boss Ola Källenius, who can even assume the related position as head of Mercedes-Benz Automobiles.

Zetsche won’t be leaving the corporate – he’s to be elected as member of the supervisory board, the place he’ll take over the position as chairman from Manfred Bischoff. This can be a case of succession preparation being accomplished at an early stage, as a result of that transition will solely happen in 2021, following a two-year cooling-off interval.

Källenius (pix beneath) was appointed to the board of administration of Daimler AG in 2015, and since January final yr has been the top of Group Analysis and Mercedes-Benz Automobiles Growth. Zetsche has been a member of the board of administration since 1998 and head of the Mercedes-Benz Automobiles division since 2005. He additionally served as chairman of the board within the former DaimlerChrysler setup.

“In numerous positions at Daimler, Ola Källenius has earned not solely my respect, but in addition the popularity of his colleagues in very various areas. On the identical time, he contributes a precious worldwide perspective. I subsequently very a lot welcome the truth that the supervisory board has made this forward-looking personnel resolution,” Zetsche mentioned.

The modifications subsequent yr can even see Markus Schäfer, who’s at present heading Manufacturing and Provide Chain Administration, taking on from Källenius because the boss of Group Analysis and Mercedes-Benz Automobiles Growth.

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The publish Daimler CEO Dieter Zetsche to step down in 2019 Auto Reviews & New Cars on Paul Tan’s Automotive Information.


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