By Joshua Kirby


Daimler AG is reshaping its board in the wake of the spinoff of its commercial-vehicles unit, synchronizing with its subsidiary Mercedes-Benz AG.

The German auto maker said Wednesday that Mercedes-Benz board member Joerg Burzer will join its own management board on Dec. 1. Mr. Burzer has "played a decisive role in transforming the global production network of Mercedes-Benz into a highly efficient, digital, flexible and sustainable operation, capable of scaling up to meet the rapidly increasing demand for electric vehicles," said Bernd Pischetsrieder, chairman of Daimler's supervisory board.

Mercedes-Benz Cars Chief Operating Officer and Daimler board member Markus Schaefer will meanwhile become Daimler's chief technology officer and a member of the management board of Mercedes-Benz, responsible for development and procurement.

Daimler board member Hubertus Troska will also join the Mercedes-Benz board, the company said.

The synchronization between the two boards should allow leaner decision-making following the spinoff, Daimler said.

As part of the truck-and-bus spinoff operation, which went ahead earlier this year, Daimler is set to change its name to Mercedes-Benz AG as of February next year, in order to emphasize its focus on its cars and vans business.


Write to Joshua Kirby at


(END) Dow Jones Newswires

October 27, 2021 13:35 ET (17:35 GMT)

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