“We are not yet at the level that we aim to reach in the medium to long-term,” said Dieter Zetsche, who retires next May.
In what appears to be a surprise move, Bodo Uebber told the Chairman of the Daimler Supervisory Board, Manfred Bischoff, that he does not intend to extend his contract of service, which runs until the end of 2019. The Supervisory Board did not announce a successor and will appoint one “in due course.”
Like all automakers, Daimler is facing the unknown future of mobility, autonomous vehicles and the internet of things. Its problems are complicated by currency valuations and a vulnerable international supply and manufacturing footprint fraught with political issues starting in Germany, as well as Trump’s trade wars, and competitors, of course. The vehicle maker is reorganizing itself into three distinct business units—trucks, passenger cars and mobility services, which includes car-sharing and ride-hailing.
A Daimler statement said: “After 16 years being a Board member by then, Bodo Uebber, would like to give the company and the new Chairman of the Board of Management of Daimler AG, Ola Källenius, the opportunity to build a new long-term focused team, to shape successfully the upcoming far-reaching structural changes further on.”
During its meeting on 26 September 2018, the Supervisory Board decided to appoint Ola Källenius as Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars, effective at the end of the Annual Shareholders’ Meeting in May 2019. Dieter Zetsche will therefore step down from his position in the Board of Management of Daimler AG and as Head of Mercedes-Benz Cars at the end of the Annual Shareholders’ Meeting on May 22, 2019.
Manfred Bischoff, Chairman of the Supervisory Board of Daimler AG: “We thank Bodo Uebber for his many years of successful work as the Member of the Board of Management responsible for Finance & Controlling and for the Daimler Financial Services division, and respect his personal choice.”
Bodo Uebber said, “It was not easy for me. But now is the time for the company to put my tasks also in younger hands. The path ahead, with its fundamental changes, requires long-term continuity in corporate management as well.”
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Surprise! Bodo Uebber to Leave Daimler Board as Purge Continues
“We are not yet at the level that we aim to reach in the medium to long-term,” said Dieter Zetsche, who retires next May.
In what appears to be a surprise move, Bodo Uebber told the Chairman of the Daimler Supervisory Board, Manfred Bischoff, that he does not intend to extend his contract of service, which runs until the end of 2019. The Supervisory Board did not announce a successor and will appoint one “in due course.”
Like all automakers, Daimler is facing the unknown future of mobility, autonomous vehicles and the internet of things. Its problems are complicated by currency valuations and a vulnerable international supply and manufacturing footprint fraught with political issues starting in Germany, as well as Trump’s trade wars, and competitors, of course. The vehicle maker is reorganizing itself into three distinct business units—trucks, passenger cars and mobility services, which includes car-sharing and ride-hailing.
A Daimler statement said: “After 16 years being a Board member by then, Bodo Uebber, would like to give the company and the new Chairman of the Board of Management of Daimler AG, Ola Källenius, the opportunity to build a new long-term focused team, to shape successfully the upcoming far-reaching structural changes further on.”
During its meeting on 26 September 2018, the Supervisory Board decided to appoint Ola Källenius as Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars, effective at the end of the Annual Shareholders’ Meeting in May 2019. Dieter Zetsche will therefore step down from his position in the Board of Management of Daimler AG and as Head of Mercedes-Benz Cars at the end of the Annual Shareholders’ Meeting on May 22, 2019.
Manfred Bischoff, Chairman of the Supervisory Board of Daimler AG: “We thank Bodo Uebber for his many years of successful work as the Member of the Board of Management responsible for Finance & Controlling and for the Daimler Financial Services division, and respect his personal choice.”
Bodo Uebber said, “It was not easy for me. But now is the time for the company to put my tasks also in younger hands. The path ahead, with its fundamental changes, requires long-term continuity in corporate management as well.”
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.