Daimler slims down Mercedes management in efficiency drive

The effort is to remove duplicate layers between Mercedes-Benz and Daimler AG.
By
| Updated on: 21 Feb 2020, 11:36 AM
FILE PHOTO: An employee of German car manufacturer Mercedes Benz installs a hubcap at a A-class model at the production line at the Daimler factory in Rastatt, Germany, February 4, 2019. REUTERS/Kai Pfaffenbach//File Photo (REUTERS)
FILE PHOTO: An employee of German car manufacturer Mercedes Benz installs a hubcap at a A-class model at the production line at the Daimler factory in Rastatt, Germany, February 4, 2019. REUTERS/Kai Pfaffenbach//File Photo (REUTERS)

German cars and trucks maker Daimler said it would revamp the management of its finance, production and development portfolios to remove duplicate layers between Mercedes-Benz and Daimler AG.

As a result, Daimler's Chief Financial Officer Harald Wilhelm will take over responsibility as finance chief at Mercedes-Benz AG from April 1 and Mercedes-Benz Chief Financial Officer Frank Lindenberg will leave, the company said.

Trending Cars

Find More Cars

Wolf-Dieter Kurz will take on responsibility for product strategy and steering at Mercedes-Benz Cars. He is currently responsible for the business cases of product projects.

Daimler Chief Executive Ola Kaellenius will take over responsibility for Mercedes Vans from Wilfried Porth, who retains his role as head of human resources, Daimler said.

Markus Schaefer, currently management board member for Research and Mercedes-Benz Cars development, will become chief operating officer at Daimler AG, the Stuttgart-based company said.

First Published Date: 21 Feb 2020, 11:36 AM IST
NEXT ARTICLE BEGINS

Provide some basic details and Get Personalized offers for

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city