Hyperdrive

Daimler Leaders Retool Management at Mercedes-Benz, Van Units

Photographer: Prashanth Vishwanathan/Bloomberg
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Daimler AG’s top management tightened control over its flagship Mercedes-Benz luxury-car unit and the vans division that turned in an outsized loss in 2019.

Chief Executive Officer Ola Kallenius will take over at the struggling vans unit, while Chief Financial Officer Harald Wilhelm is replacing the longtime finance chief at Mercedes-Benz, according to a statement on Thursday.