Daimler has no strategies to spin off its trucks division or to pursue a merger with BMW as a means to increase the company’s share price, Chief Executive Ola Kaellenius stated last week. “There are no plans to modify the capital structure of Daimler,” Kaellenius informed analysts on a call to talk about second-quarter results. […]
Ola Kaellenius
Daimler CFO Bodo Uebber won’t renew his term after it ends in 2019
Daimler’s finance chief Bodo Uebber won’t look forward to renew his contract once it expires in December 2019, the automaker stated late on Sunday. The announcement marks the recent senior management change at Daimler. In September, Daimler named research chief Ola Kaellenius as its next chief executive officer to succeed CEO Dieter Zetsche. Chief Financial […]
Daimler to appoint Ola Kaellenius as chief executive in 2019
Daimler’s has decided to appoint company veteran Ola Kaellenius as chief executive from next year. This signals a cultural shift by the world’s oldest automaker as it takes on new competitors from the tech sector. A 49-year old Swede, Kaellenius is the first non German CEO to lead the 132-year-old Stuttgart-based inventor of the modern […]
Daimler trucks chief Wolfgang Bernhard steps down
Daimler‘s trucks chief Wolfgang Bernhard, once viewed as a candidate to succeed CEO Dieter Zetsche, has stepped down one year before his contract would end, the automaker stated. Bernhard’s restructuring efforts have outraged effective labor leaders, who hampered his development at Daimler till he was too old to be thought for the top job, as […]
