Daimler AG appointed Martin Daum (57) as the Member of the Board of Management with responsibility for the Daimler Trucks and Daimler Buses divisions effective as of March 1, 2017. The appointment is for a period of five years. He succeeds in this position to Dr. Wolfgang Bernhard, who is leaving the company of his own volition and for personal reasons.

"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," stated Dr. Manfred Bischoff, Chairman of the Supervisory Board 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."

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