BSS/AFP, Frankfurt :
German high-end carmaker Daimler said Wednesday that it plans to replace long-serving chief executive Dieter Zetsche next year, setting up a Swedish successor to take the helm of the Mercedes-Benz parent company.
Zetsche will “step down from his positions in the board of management of Daimler AG and head of Mercedes-Benz Cars, effective at the end of the annual shareholders’ meeting” on May 22, 2019, the group said, adding that he will be replaced by fellow board member Ola Kallenius.
German high-end carmaker Daimler said Wednesday that it plans to replace long-serving chief executive Dieter Zetsche next year, setting up a Swedish successor to take the helm of the Mercedes-Benz parent company.
Zetsche will “step down from his positions in the board of management of Daimler AG and head of Mercedes-Benz Cars, effective at the end of the annual shareholders’ meeting” on May 22, 2019, the group said, adding that he will be replaced by fellow board member Ola Kallenius.
