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Supervisory Board appoints Harald Wilhelm as member of the Board of Management of Daimler AG

Harald Wilhelm to become member of the Board of Management of Daimler AG with responsibility for Finance & Controlling and Daimler Financial Services division

The Supervisory Board of Daimler AG has appointed Harald Wilhelm as member of the company’s Board of Management. Effective as of April 1, 2019, he will join the Board of Management without direct responsibilities and will assume Board of Management responsibility for Finance & Controlling and the Daimler Financial Services division at the end of the Annual Shareholders’ Meeting on May 22, 2019. 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.”

The Supervisory Board plans the change of Chairman of the Management Board to take place at the end of the 2019 Annual Shareholders’ Meeting. Effective at that time, Dieter Zetsche will 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.

Harald Wilhelm is currently Chief Financial Officer of Airbus and member of the Executive Committee of Airbus. He has held these functions since June 2012. Since February 2008 he has held the role of Airbus Commercial Aircraft CFO. Previously, he was Airbus Commercial Aircraft Chief Controlling Officer and deputy to the Chief Financial Officer, a position to which he was appointed on January 1, 2007. Prior to that, he was Senior Vice President Financial Control at Airbus Commercial Aircraft, a role he held from 2003 to 2006. Wilhelm joined Airbus Commercial Aircraft in 2000 as Senior Vice President, Accounting, Tax and Financial Services.

Prior to joining Airbus, Wilhelm had been Vice President M&A (Mergers & Acquisitions) at DaimlerChrysler Aerospace from 1998, where he worked on projects including the integration of Airbus into a single company. Prior to that, he had been Senior Manager M&A at Daimler-Benz Aerospace from 1995 to 1998 and Manager M&A for the same company between 1992 and 1993.

Born in April 1966 in Munich, Wilhelm has a degree in Business Studies from Ludwig Maximilian University in Munich. He is married and has one daughter.

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 since December 2004. Uebber decided not to extend his contract with Daimler AG, which runs until the end of 2019. He will step down from the Board of Management by mutual agreement at the end of the Annual Shareholders’ Meeting on May 22, 2019. “We would like to thank Bodo Uebber for his many years of successful work and wish him all the best for the future,” said Bischoff.

SOURCE: Daimler

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