- Torsten Schmidt appointed MD and CEO of Daimler India Commercial Vehicles from early next year
- Schmidt currently serves as CFO of Mercedes-Benz do Brasil
- He succeeds Satyakam Arya, now President and CEO of Hino Motors Japan
Daimler India Commercial Vehicles on Thursday said it has appointed Torsten Schmidt as its new managing director and chief executive officer with effect from early next year.
Schmidt (53) is currently serving as chief financial officer of Mercedes-Benz do Brasil.
Schmidt succeeds Satyakam Arya as CEO, who has been nominated as the President and CEO of Hino Motors in Japan.
"Torsten is an experienced and respected leader whose global and intercultural expertise are matched by a proven ability to deliver results," Mercedes-Benz Trucks CEO Achim Puchert said in a statement.
His strong leadership qualities, strategic vision, financial proficiency, and comprehensive knowledge of the entire value chain make him the perfect fit for his new role and to drive the business forward, he added.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
