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Mercedes-Benz announces management board shakeup

investing.com 11/12/2024 - 10:40 AM

Mercedes-Benz Management Board Reshuffle in 2025

Mercedes-Benz (OTC:MBGAF) announced that four new members will join its management board in 2025. The Stuttgart-based automaker revealed on Wednesday that the reshuffle is set to occur as the contracts of Sabine Kohleisen, Renata Jungo Bruengger, and Hubertus Troska come to an end.

New Members

  • Olaf Schick: Currently the chief financial officer at Continental, he will join the management board of Mercedes-Benz starting on October 1, 2025.
  • Mathias Geisen: Currently leading Mercedes-Benz Vans.
  • Oliver Thoene: Presently in charge of Product Strategy and Steering at Mercedes-Benz.

Current Member Changes

  • Britta Seeger: Currently on the board, will take over as the member responsible for Human Relations and Labour Director, succeeding Sabine Kohleisen.

The company has not provided further details on the future roles of the other new board members or who will fill the positions vacated by Renata Jungo Bruengger and Hubertus Troska.

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