Personnel changes at Daimler Trucks in Asia

April 02, 2014

Personnel changes at Daimler Trucks in Asia

2.4.14

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Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles (DICV) reported important personnel changes in their Board of Management. Since May 2013, the two subsidiaries of Daimler AG are cooperating closely
under the umbrella of Daimler Trucks Asia.

Kai-Uwe Seidenfuss, currently Head of Marketing, Sales & Aftersales, MFTBC, will become Head of Corporate Audit at Daimler AG, effective June 1, 2014, reporting to Dr. Dieter Zetsche, Chairman of the Board of Management of Daimler AG and Head of Mercedes-Benz Cars. In his current assignment, Seidenfuss has greatly contributed to the company's operations, leading a big part of the growth programme 'Fuso 2015' which aims at expanding MFTBC's position in Africa and Asia and at further increasing its efficiency.

Marc Llistosella, currently Managing Director & CEO, DICV, will become Head of the reorganised function Marketing, Sales & Aftersales, Trucks Asia and DICV based in Tokyo, Japan, effective June 1, 2014. He will continue to report to Dr. Albert Kirchmann, President & CEO, MFTBC and Head of Daimler Trucks Asia. Llistosella has been leading DICV from a planning phase as a greenfield project until today, as the company has become a fully established player in the Indian CV market. He built the organization, the plant and led the development of a whole new product range under the brand BharatBenz for the Indian market as well as Fuso trucks for markets in Asia and Africa. In his new function he will lead all Marketing, Sales & Aftersales-related areas of Daimler Trucks Asia, including DICV & MFTBC, Japan and will continue to oversee DICV's Indian operations, overall.

Erich Nesselhauf, currently Head of Supplier Management & Logistics Trucks Asia India, will become Managing Director & CEO of DICV based in Chennai, India, effective June 1, 2014. He has been involved in the DICV greenfield project from 2008 and has built the entire supplier base for DICV from the very beginning, achieving a localisation of 85 per cent for BharatBenz trucks at its start of production in 2012. In his new responsibility, he will be in charge of the entire DICV operations in India, and will report to Marc Llistosella.

These changes have been decided by the Board of Management, Daimler AG, and are subject to approval by the Board of Directors and the Shareholder's Meeting of MFTBC.