Reorganization of Daimler Board of Management

• Markus Schaefer appointed member of the divisional board of Mercedes-Benz Cars for manufacturing and procurement  • Andreas Renschler leaves the company of his own accord and by mutual consent  • Wilfried Porth, Board of Management Member for Human Resources and Labor Relations Director, assumes additional responsibility for Mercedes-Benz Vans

 Markus Schaefer (48), currently responsible for vehicle production planning at Mercedes-Benz Cars, has been appointed as a member of the divisional board of Mercedes-Benz Cars with responsibility for manufacturing and procurement. He thus takes over the functions of Andreas Renschler, who is leaving the company of his own accord and by mutual consent. Andreas Renschler will cease working with immediate effect. The Supervisory Board of Daimler AG unanimously approved the termination of his contract of service.

Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars: “During his time as a member of the Board of Management of Daimler AG, Andreas Renschler gave our commercial vehicles business a global reach. In addition, in his function as Board of Management Member for Manufacturing and Procurement Mercedes-Benz Cars, he managed the ramp-up of the new S-Class in an outstanding manner and prepared our plants for the start of production of the new C-Class. I very much regret that he is leaving the company for personal reasons.”

Markus Schaefer (48) is taking over responsibility for Manufacturing and Procurement Mercedes-Benz Cars. He has more than 20 years of experience in the field of manufacturing. Most recently, he was responsible for the production planning of Daimler’s car business. Before that, Markus Schaefer was President and CEO of MB USI in Tuscaloosa, where the new C-Class will be produced for the North American market in the future.

“Markus Schaefer is a proven expert. His broad knowledge of our manufacturing and his international experience from his positions in the United States make him extremely well qualified for these tasks,” stated Dieter Zetsche.

The Mercedes-Benz Vans division under Volker Mornhinweg will report in the future to Wilfried Porth, Board of Management Member for Human Resources and Labor Relations Director of Daimler AG. Wilfried Porth has extensive experience in the van business from his previous responsibilities.