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Daimler Truck ordnet sich vor Spin-off neu

Daimler Truck ordnet sich vor Spin-off neu
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Daimler: Q1 Earnings Insights

Company s 52-week low was at $28.42 Price action over last quarter: Up 8.35% Company Profile Based in Stuttgart, Germany, Daimler makes premium passenger vehicles, commercial trucks and vans, and buses. Brands include Mercedes-Benz, AMG, Maybach, Freightliner, Western Star, Fuso, Thomas Built, BharatBenz, Setra, and Orion. Daimler Mobility provides the company s dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Daimler owns 3.0% each of Renault and Nissan, 11.9% of Aston Martin, 15.0% of Russian truck maker Kamaz, and 9.6% of Beijing Automotive Group. Li Shufu, chairman of Chinese automaker Geely Automobile, owns 9.7% of Daimler. Other major shareholders include Kuwait Investment Authority at 6.8%, Beijing Automotive group at 5.0%, and Nissan at 1.5%.

Daimler AG: Management Board appointments for Truck CEO Daum and Chief Financial Officer Wilhelm extended

Share this article Share this article STUTTGART, Germany, April 23, 2021 /PRNewswire/ The Supervisory Board of Daimler AG at its meeting on April 23, 2021 extended the appointments of management board members Martin Daum and Harald Wilhelm. The appointments of Martin Daum (61), as member of the board of management for Daimler AG and Chief Executive of Daimler Truck AG, were extended until 2025. Martin Daum has been a member of the Daimler AG management board since 2017 after serving as President and CEO of Daimler Trucks North America. Following the planned spin-off of a majority stake in Daimler Truck AG, Martin Daum plans to leave the management board of Daimler AG and to take on the role of Chief Executive Officer at stock market listed Daimler Truck company. The spin-off is subject to shareholder approval at an extraordinary general meeting of Daimler AG in autumn 2021.

Daimler AG Extends Management Board Appointments For Truck CEO Martin Daum, CFO Harald Wilhelm

Daimler AG Extends Management Board Appointments For Truck CEO Martin Daum, CFO Harald Wilhelm BERLIN (dpa-AFX) - German automaker Daimler AG (DDAIF.PK) Friday announced that its Supervisory Board at its meeting extended the appointments of management board members Martin Daum and Harald Wilhelm . The appointment of Daum, 61 as member of the board of management for Daimler AG and Chief Executive of Daimler Truck AG, was extended until 2025. Further, the appointment of Wilhelm, 55, management board member of Daimler AG, and responsible for Finance, Controlling and Daimler Mobility, was extended until 2027. Daum has been a management board member since 2017 after serving as President and CEO of Daimler Trucks North America. Following the planned spin-off of a majority stake in Daimler Truck AG, Daum plans to leave Daimler AG and to take on the role of Chief Executive Officer at stock market listed Daimler Truck company.

Daimler raises margin targets based on strong first quarter performance

Daimler raises margin targets based on strong first quarter performance
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