Daimler Slims Down Mercedes Management In Efficiency Drive
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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.
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 a management board member for Research and Mercedes-Benz Cars development, will become a chief operating officer at Daimler AG, the Stuttgart-based company said.
Questions & Answers
Q.What is the primary goal of Daimler's management revamp?
What is the primary goal of Daimler's management revamp?
Daimler aims to remove duplicate layers within its management structure, specifically between Mercedes-Benz and Daimler AG. This is part of an overall efficiency drive across its finance, production, and development portfolios.
Q.Which key management figures are changing roles within Daimler and Mercedes-Benz?
Which key management figures are changing roles within Daimler and Mercedes-Benz?
Harald Wilhelm will become finance chief at Mercedes-Benz AG, while Frank Lindenberg will leave. Ola Kaellenius will take over responsibility for Mercedes Vans, and Markus Schaefer is appointed chief operating officer at Daimler AG.
Q.What new responsibilities will Wolf-Dieter Kurz undertake at Mercedes-Benz Cars?
What new responsibilities will Wolf-Dieter Kurz undertake at Mercedes-Benz Cars?
Wolf-Dieter Kurz will assume responsibility for product strategy and steering at Mercedes-Benz Cars. He is currently tasked with the business cases of product projects within the company.