The Supervisory Board of Daimler AG has revealed its appointment of Harald Wilhelm as a new member of its Board of Management.
Wilhelm will assume Board of Management responsibility for Finance & Controlling and the Daimler Financial Services division at the end of the Annual Shareholders’ Meeting at the end of May. The appointment has been made for a period of three years.
“Harald Wilhelm is a successful Chief Financial Officer with an excellent reputation in the capital markets and a lot of experience in a renowned international company,” said Manfred Bischoff, Chairman of the Supervisory Board of Daimler AG. “With his longstanding and international expertise, Harald Wilhelm will provide outstanding support to Daimler in its transformation into a mobility provider and will drive this strategic change. We are also taking account of the growing importance of capital markets and investors with the appointment of Harald Wilhelm as Chief Financial Officer. At the same time, we are continuing the generational change in the Board of Management that has already started.”
Dieter Zetsche is to step down from his position as Chairman of the Board of Management of Daimler AG and as Head of Mercedes-Benz Cars. Ola Källenius will then be appointed Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars for a period of five years.
At present, Wilhelm is the Chief Financial Officer of Airbus and member of its Executive Committee. Previously, he was Airbus Commercial Aircraft Chief Controlling Officer and deputy to the Chief Financial Officer. He has also held the role of Senior Vice President Financial Control at Airbus Commercial Aircraft, joining Airbus Commercial Aircraft in 2000 as Senior Vice President, Accounting, Tax and Financial Services.
Wilhelm has prior experience of working with Daimler, holding the position of Vice President M&A (Mergers & Acquisitions) at DaimlerChrysler Aerospace from 1998, working on various projects, such as the integration of Airbus into a single company. He has also been Senior Manager M&A at Daimler-Benz Aerospace and Manager M&A for the same company.
The distribution of responsibilities within the Board of Management for Finance & Controlling and Daimler Financial Services will remain unchanged after the new appointment. Bodo Uebber has been responsible for these tasks, but has not extended his contract with Daimler AG, which runs until the end of 2019.