Dieter Zetsche Remains as Daimler CEO and Mercedes Head Until End of 2019

Giancarlo Perlas February 18, 2016
dieter zetsche

The contract of Dr. Dieter Zetsche as head of Daimler AG and Mercedes-Benz Cars has been extended up to the end of 2019.

As of February 17, 2016, Daimler AG announced that Dr. Dieter Zetsche will remain as the company’s Chairman of the Board of Management and the head of Mercedes-Benz Cars. According to the Global Media Site of Daimler, the contract of the Daimler supremo was extended from the end of 2016 to run up to December 31, 2019.

Manfred Bischoff, Chairman of the Supervisory Board of Daimler, said in a press release that they have seen more success within the company under Zetsche’s governance. He added that the current boss of Daimler and Mercedes is capable of implementing the right strategy which are not only aligned with the supervisory board.

Then, Bischoff noted Zetsche can command enthusiasm on the part of employees that translates to their capacity to meet the demanding requirements of the group. He stated that the contract extension was done to safeguard the continuity at the top, which is needed for the company’s sustainable success.

Zetsche served as a member of the Board of Management of Daimler starting December 16, 1998. On January 1, 2006, he took over as the Chairman of the Board of Management of Daimler. Simultaneously, he was the Head of the Mercedes-Benz Cars Division, expanding his responsibilities further and etching himself as a very crucial part of Daimler and its three-pointed star brand.

The extension of Zetsche’s contract has long been considered. On April 1, 2015 during the Annual Shareholders Meeting of Daimler, the Supervisory Board of the company already announced he will retain his post past his contract that time.

About Author

Giancarlo Perlas

Giancarlo Perlas is an economist by profession with a career spanning nearly two decades. His professional journey has seen him assume vital roles in various government and private organizations, particularly in the blockchain and cryptocurrency sectors. Alongside his civic and corporate pursuits is his love for cars, particularly those made by Mercedes-Benz. In 2012, he found himself with like-minded individuals within BenzInsider. From then on, he used the platform as a way to share his passion with the automotive community. Follow his Facebook page at, X (formerly Twitter) @giancarloperlas, and IG @benzinsider. View all posts by Giancarlo Perlas →

Leave a Comment

Login to your account

Can't remember your Password ?

Register for this site!