‘Generational transition’ at Daimler Truck. Karin Rådström replaces Martin Daum as CEO

Daimler Truck will have a new CEO. Former Mercedes-Benz Trucks CEO, Karin Rådström, is about to replace Martin Daum from October 1st. As stated by Daimler Truck itself, it is a generational transition at the top of the global automotive group. Mrs Rådström has been appointed in this function until January 31, 2029. Martin Daum will remain as full member of the Board of Management until December 31, 2024, to support a smooth handover.

Who’s Karin Rådström, the new Daimler Truck CEO

Karin Rådström joined Daimler Truck’s Board of Management in 2021 and since then has been responsible for Mercedes-Benz Trucks. Within a short period of time, the trained engineer has successfully reshaped the segment profitability and advanced its transformation towards sustainability. Before joining Daimler Truck, she oversaw Sales & Marketing as a member of the Executive Board at Scania. For the time being, Karin Rådström will remain responsible for Mercedes-Benz Trucks until her succession will be decided.

“We are delighted to win Karin Rådström with her outstanding industry knowledge and leadership skills as the new CEO of Daimler Truck Holding AG. She has proven that she is able to successfully advance the transformation of a brand while navigating a challenging external environment. As a true leader, Karin Rådström has been instrumental in establishing a new performance culture and fostering empowerment, diversity and customer focus. These principles are essential for Daimler Truck to master the transformation of mobility successfully and be our customers’ first choice. We wish her and her team great success and we are very much looking forward to continuing our collaboration”, commented Joe Kaeser, Chairman of the Supervisory Board.