financetom
Business
financetom
/
Business
/
Mercedes-Benz reshuffles management board
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mercedes-Benz reshuffles management board
Dec 11, 2024 1:34 AM

(Reuters) - German carmaker Mercedes-Benz will reshuffle its management board with four new members, the firm said on Wednesday, with changes due to take effect in 2025.

Sabine Kohleisen, Renata Jungo Bruengger, responsible for Integrity, Governance and Sustainability, and Hubertus Troska, board member for Greater China, are to leave the board as their contracts expire, the company added.

Olaf Schick, current chief financial officer of car parts maker Continental is to join Mercedes-Benz's management board, starting October 1st 2025, the Stuttgart-based firm said.

Furthermore, Mathias Geisen, currently Head of Mercedes-Benz Vans and Oliver Thoene, currently head of Product Strategy and Steering, are to join the management board. Britta Seeger, already a board member, will replace Sabine Kohleisen as member for Human Relations and Labour Director.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Global watchdog welcomes reform proposals for Swiss banking
Global watchdog welcomes reform proposals for Swiss banking
Apr 11, 2024
ZURICH, April 11 (Reuters) - Swiss proposals to better regulate its banking system and make it safer were welcomed by the Financial Stability Board on Thursday, which said changes were particularly important in view of the size of the enlarged lender UBS. We welcome the Swiss government's steps to further strengthen their Too Big to Fail framework in light of...
PyroGenesis CEO Buying HPQ Silicon Shares from PyroGenesis in Block Sale; PYR Rose 7.3% on Wednesday
PyroGenesis CEO Buying HPQ Silicon Shares from PyroGenesis in Block Sale; PYR Rose 7.3% on Wednesday
Apr 11, 2024
06:37 AM EDT, 04/11/2024 (MT Newswires) -- PyroGenesis Canada Inc. ( PYRGF ) , which makes plasma processes geared to reducing greenhouse gases, and saw its shares jump more than 7% yesterday, overnight Wednesday announced a block sale of about 3.8 million HPQ Silicon Inc. ( HPQFF ) shares to PyroGenesis CEO and President P. Peter Pascali for $661,447.50. Pascali...
US Justice Department Reportedly Probes Nippon Steel Takeover of US Steel
US Justice Department Reportedly Probes Nippon Steel Takeover of US Steel
Apr 11, 2024
06:44 AM EDT, 04/11/2024 (MT Newswires) -- The US Justice Department has opened an antitrust probe into Japan's Nippon Steel's $14.1 billion takeover bid of US Steel (X), several news outlets reported late Wednesday, citing people familiar with the matter. It remains unclear when the reported investigation was formally launched. News of the probe came as Japanese Prime Minister Fumio...
Amazon sees opportunity to lower costs in fulfillment network, CEO says
Amazon sees opportunity to lower costs in fulfillment network, CEO says
Apr 11, 2024
(Reuters) - Amazon.com ( AMZN ) CEO Andy Jassy said the e-commerce firm sees opportunity to reduce costs in its fulfillment network, after trimming staff in a number of divisions over the recent months. As we look toward 2024 (and beyond), we're not done lowering our cost to serve. We've challenged every closely held belief in our fulfillment network, and...
Copyright 2023-2025 - www.financetom.com All Rights Reserved