Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management

Published: Oct. 27, 2021 at 12:05 PM CDT

STUTTGART, Germany, Oct. 27, 2021 /PRNewswire/ --

Daimler Logo (PRNewsFoto/Daimler Corporate Communications) (PRNewsFoto/Daimler Corporate...
Daimler Logo (PRNewsFoto/Daimler Corporate Communications) (PRNewsFoto/Daimler Corporate Communications)
  • Daimler AG to enable leaner decision-making by aligning Management Board responsibilities with Mercedes-Benz AG
  • Jörg Burzer, Member of the Board of Management of Mercedes-Benz AG for Production and Supply Chain Management, to also join Board of Management of Daimler AG
  • Bernd Pischetsrieder: "Jörg Burzer has played a decisive role in transforming our global production network into a highly efficient, digital, flexible and sustainable operation."
  • Markus Schäfer to be Member of the Board of Management as Chief Technology Officer, responsible for Development and Procurement
  • Hubertus Troska, currently Daimler AG Management Board Member responsible for Greater China, will also join the Board of Management of Mercedes-Benz AG

Daimler is aligning the Management Board responsibilities between Daimler AG and Mercedes-Benz AG to enable leaner decision-making in the wake of the separation of Trucks and Buses from Cars and Vans. After synchronizing the Board memberships of Mercedes-Benz AG and Daimler AG, the parent company Daimler is also due to be renamed Mercedes-Benz Group AG on February 1, 2022 to emphasize the company's future focus on the car and van business.

As part of the overhaul, the Supervisory Board of Daimler AG is appointing Jörg Burzer, currently Member of the Board of Management responsible for Production and Supply Chain Management at Mercedes-Benz AG, to the Management Board of Daimler AG, effective December 1, 2021.

"In addition to separating Daimler into two separate pure-play companies, more efficient governance structures are being created so that Mercedes-Benz can accelerate into a software-driven zero-emissions future," stated Bernd Pischetsrieder, Chairman of the Supervisory Board of Daimler AG. "Jörg 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," Pischetsrieder added.

Jörg Burzer started his career in 1999 at the former DaimlerChrysler AG in vehicle pre-development. The doctorate engineer studied material science with a focus on metallurgy at the University of Erlangen (Germany) and spent study periods abroad at the Technical University of Copenhagen (Denmark) as well as at the Council for Scientific and Industrial Research in Pretoria (South Africa).

Burzer, who has been Board Member at Mercedes-Benz AG responsible for Production and Supply Chain Management since 2019, was previously Head of Quality Management at Mercedes-Benz Cars. He will work alongside Markus Schäfer, currently Management Board Member at Daimler AG, responsible for Group Research and Mercedes-Benz Cars Chief Operating Officer.

Going forward, Schäfer will be Chief Technology Officer and Member of the Board of Management of Daimler AG and Mercedes-Benz AG, responsible for Development and Procurement. In this extended role, he will also assume overall responsibility for e-drive systems and car software – including connectivity and autonomous vehicle technology.

To complete the aligning of Management Board responsibilities between Daimler AG and Mercedes-Benz AG, Hubertus Troska, currently Daimler AG Management Board Member responsible for Greater China, will also join the Board of Management of Mercedes-Benz AG.

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Forward-looking statements:
This document contains forward-looking statements that reflect our current views about future events. The words "anticipate," "assume," "believe," "estimate," "expect," "intend," "may," "can," "could," "plan," "project," "should" and similar expressions are used to identify forward-looking statements. These statements are subject to many risks and uncertainties, including an adverse development of global economic conditions, in particular a decline of demand in our most important markets; a deterioration of our refinancing possibilities on the credit and financial markets; events of force majeure including natural disasters, pandemics, acts of terrorism, political unrest, armed conflicts, industrial accidents and their effects on our sales, purchasing, production or financial services activities; changes in currency exchange rates, customs and foreign trade provisions; a shift in consumer preferences towards smaller, lower-margin vehicles; a possible lack of acceptance of our products or services which limits our ability to achieve prices and adequately utilize our production capacities; price increases for fuel or raw materials; disruption of production due to shortages of materials, labour strikes or supplier insolvencies; a decline in resale prices of used vehicles; the effective implementation of cost-reduction and efficiency-optimization measures; the business outlook for companies in which we hold a significant equity interest; the successful implementation of strategic cooperations and joint ventures; changes in laws, regulations and government policies, particularly those relating to vehicle emissions, fuel economy and safety; the resolution of pending governmental investigations or of investigations requested by governments and the outcome of pending or threatened future legal proceedings; and other risks and uncertainties, some of which are described under the heading "Risk and Opportunity Report" in the current Annual Report or in the current Interim Report. If any of these risks and uncertainties materializes or if the assumptions underlying any of our forward-looking statements prove to be incorrect, the actual results may be materially different from those we express or imply by such statements. We do not intend or assume any obligation to update these forward-looking statements since they are based solely on the circumstances at the date of publication.

Daimler at a Glance
Daimler AG is one of the world's most successful automotive companies. With its Mercedes-Benz Cars & Vans, Daimler Trucks & Buses and Daimler Mobility divisions, the Group is one of the leading global suppliers of premium and luxury cars and one of the world's largest manufacturers of commercial vehicles. Daimler Mobility offers financing, leasing, fleet management, investments and insurance brokerage, as well as innovative mobility services. The company founders, Gottlieb Daimler and Carl Benz, made history by inventing the automobile in 1886. As a pioneer of automotive engineering, Daimler sees shaping the future of mobility in a safe and sustainable way as both a motivation and obligation. The company's focus therefore remains on innovative and green technologies as well as on safe and superior vehicles that both captivate and inspire. Daimler continues to invest systematically in the development of efficient powertrains – from high-tech combustion engines and hybrid vehicles to all-electric powertrains with battery or fuel cell – with the goal of making locally emission-free driving possible in the long term. The company's efforts are also focused on the intelligent connectivity of its vehicles, autonomous driving and new mobility concepts as Daimler regards it as its aspiration and obligation to live up to its responsibility to society and the environment. Daimler sells its vehicles and services in nearly every country of the world and has production facilities in Europe, North and South America, Asia and Africa. In addition to Mercedes-Benz, the world's most valuable luxury automotive brand (source: Interbrand study, 20 Oct. 2021), and Mercedes-AMG, Mercedes-Maybach, Mercedes-EQ and Mercedes me, its brand portfolio also includes commercial vehicle brands Mercedes-Benz Trucks, Freightliner, Western Star, BharatBenz, FUSO, Setra and Thomas Built Buses as well as the brands of Daimler Mobility: Mercedes-Benz Bank, Mercedes-Benz Financial Services, Daimler Truck Financial and Athlon. The company is listed on the Frankfurt and Stuttgart stock exchanges (ticker symbol DAI). In 2020, the Group had a workforce of around 288,500 and sold 2.8 million vehicles. Group revenues amounted to €154.3 billion and Group EBIT to €6.6 billion.

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