Daimler Truck CEO Martin Daum
The development of software, electronics and engines – whether diesel engines or alternative drives – will be centralized in the new Truck Technology Group (TT) business unit.
(Photo: dpa)
Frankfurt With a view to the IPO planned for the end of the year, Daimler’s truck subsidiary has reorganized its management. The board of directors, headed by Daimler Truck CEO Martin Daum, will in future include a total of eight people, as the company announced on Monday.
As before, the regions of Europe, North America and Asia will be represented by Karin Radström, John O’Leary and Hartmut Schick. You should work more independently in the future. Therefore part of the development is regionalized. “Vehicle brands such as Freightliner in North America, Mercedes-Benz trucks in Europe and Latin America and FUSO in Asia can thus offer their customers the best possible range of products and services,” explained Daum.
The development of software, electronics and engines – whether diesel engines or alternative drives – will be centralized in the new Truck Technology Group (TT) business unit. It is led by Andreas Gorbach, previously head of the recently founded fuel cell joint venture with Volvo, Cellcentric.
Purchasing is also located here. As a result, cost advantages could be realized through high, global unit numbers, explained Daimler Truck.
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Centrally managed in the stock corporation, of which a large minority share is to be brought to the Frankfurt Stock Exchange, is also the financing services under the direction of Stephan Unger. He comes from Daimler Mobility, the finance and mobility service provider previously responsible for the entire Group.
Jochen Götz remains the CFO, Jürgen Hartwig is the HR manager.
More: Daimler posts billions in profits – margin in the auto division shoots up to over 15 percent