The Supervisory Board of Daimler AG has appointed Martin Daum to be member of the company’s board of management responsible for the Daimler Trucks and Daimler Buses divisions, effective March 1. The appointment is for a period of five years.
Daum succeeds Dr. Wolfgang Bernhard, who is leaving the company of his own volition and for personal reasons, Daimler said.
Since June 2009, Daum has been president and chief executive officer of Daimler Trucks North America (DTNA) and its affiliated companies — Freightliner Trucks, Western Star Trucks, Thomas Built Buses, Freightliner Custom Chassis Corp. and Detroit Diesel Corp. Before that, he was a member of the management of Mercedes-Benz Trucks in Europe as vice president Production Mercedes-Benz Trucks, and at the same time was responsible for the Mercedes-Benz plant in Wörth, the world’s biggest truck plant. Daum started his career in the trainee executive group of Daimler-Benz AG in 1987.
“With Martin Daum, we are appointing a very successful and experienced executive to the board of management as head of the Daimler Trucks and Daimler Buses divisions,” said Dr. Manfred Bischoff, supervisory board chairman of Daimler AG. “He looks back on 20 years of experience in the industry and knows the cyclical commercial-vehicle business from all perspectives. We are convinced that he will successfully meet the upcoming challenges in the next years, continue along the successful path of Daimler Trucks & Buses and further strengthen their worldwide leading positions.”