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Daimler’s Designated Chairman Zetsche Renounces Job – carandbike

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Zetsche says Daimler’s high buyers would have backed him to succeed Manfred Bischoff however that there could have been opposition from different shareholders.


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Dieter Zetsche was due to sit down as chairman on the board of administrators

Daimler’s Dieter Zetsche won’t search to turn out to be chairman of the German carmaker’s supervisory board, he informed Frankfurter Allgemeine Sonntagszeitung newspaper. Zetsche, 67, a former chief govt of the corporate which owns the Mercedes-Benz model, was due to sit down as chairman on the board of administrators, which in Germany is called the supervisory board.

Also Read: Daimler To Pay $2.2 Billion In Diesel Emissions Cheating Settlements​

“Naturally I would like to have done the job. I also believe I would have done it well. But in the end I decided that I do not want it, that I renounce this opportunity,” Zetsche is quoted as telling the paper.

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Dieter Zetsche won’t search to turn out to be chairman of the German carmaker’s supervisory board

“We acknowledge Dr. Zetsche’s decision with great respect,” a Daimler spokesman mentioned.

Zetsche says Daimler’s high buyers would have backed him to succeed Manfred Bischoff however that there could have been opposition from different shareholders.

“The fact that after 40 years of work I am not regarded by some as an asset, but as a burden, I do not need that,” Zetsche is quoted as telling the paper.

Also Read: Daimler Talks With Workers Heat Up, With 15,000 Jobs At Risk​

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Zetsche, who apart from being chief govt of Daimler, was additionally head of Mercedes-Benz, was because of succeed Bischoff at Daimler’s annual basic assembly on March 31, 2021. Earlier this month Daimler agreed to pay $2.2 billion to resolve a U.S. authorities diesel emissions investigation and claims from 250,000 U.S. automobile house owners.

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