Report on the change of Daimler CEO caused a decline in the share price of the German automaker


Daimler, the German company, which manufactures cars, reported the departure of Dieter Zetsche from the post of chief executive after the annual shareholders meeting scheduled for May 22, 2019. The Supervisory Board took such a decision because of the difficulties associated with the transformation of the automotive industry. The new CEO will be Ola Källenius, 49, responsible for research and development. Zetsche's candidature will be presented to shareholders for approval as chairman of the Daimler Supervisory Board in 2021. These reports led to the fact that Daimler shares fell 1.4%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong