Daimler to name former BMW CEO Bernd Pischetsrieder to supervisory board

Article by Anita Panait, on December 13, 2013

Daimler will appoint Bernd Pischetsrieder to its supervisory board as it seeks to boost its managerial lineup with people having intimate knowledge of the auto industry, according to a report by Handelsblatt. Daimler will also name new Siemens chief executive Joe Kaeser and Bernd Bohr to the board in 2014, Handelsblatt said, citing sources close to the supervisory board.

The paper added that the carmaker will also name three well-known German managers to replace former Philips CEO Gerard Kleisterlee, former General Electric Vice Chairman Lloyd Trotter and former Dresdner Bank CEO Bernhard Walter. They are set to retire from the board next year. The paper said that Daimler will seek shareholder approval of the new appointments at its annual shareholders' meeting slated April 9. 

Pischetsrieder was BMW CEO from 1993 to 1999 and he later became the top honcho of the Volkswagen Group. He also became chief of VW's SEAT unit, and was a member of the VW Group management board responsible for quality management from 2000 to 2002. He became CEO of the VW Group in 2002, but left in 2006 following a row with chairman Ferdinand Piech.

If you liked the article, share on:

Topics: daimler, bmw, ceo

Comments

Recommended

November 17 is considered a very special day for Tesla, as this is the day that they revealed the highly anticipated Tesla Semi. But Elon Musk did not think the...
by - November 17, 2017
More details have emerged about the new sixth generation of the BMW M3 just as the German premium practically announced the end of the current-gen 3 Series with the unveiling...
by - November 17, 2017
All is set for Volkswagen’s plans to enter the electric vehicle game, as prompted by the so-called Dieselgate scandal. In fact, the German carmaker has already made a commitment to...
by - November 17, 2017
As BMW has already revealed, the next generation of the BMW M5 (F90) is a four-wheel drive high-performance sedan with overwhelming power output and torque at its disposal. However, it...
by - November 17, 2017
McLaren unveiled a one-off Gold - on - Black 720S at the 2017 Dubai Motor Show which will be on display throughout the entire stretch of this week’s event. The...
by - November 16, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries