When did Mercedes-Benz CEO retire?
In 2019, after 49 years at Mercedes, CEO Dieter Zetsche retired, a monumental moment in the automotive world. Källenius succeeded Dieter Zetsche as the Chairman of the Board of Management of Mercedes-Benz Group AG in May 2019. In 2023, Mercedes-Benz extended his contract until mid-2029. In his capacity as CEO, Källenius accompanied Chancellor Olaf Scholz on a state visit to China in 2024.Dieter Zetsche (German pronunciation: [ˌdiːtɐ ˈtsɛtʃə]; born 5 May 1953) is a German engineer and business executive. He serves as the chairman of TUI AG. Zetsche was the chairman of the board of management at Daimler AG and the head of Mercedes-Benz until 22 May 2019, a position he held since 2006.Dieter Zetsche (German pronunciation: [ˌdiːtɐ ˈtsɛtʃə]; born 5 May 1953) is a German engineer and business executive. He serves as the chairman of TUI AG. Zetsche was the chairman of the board of management at Daimler AG and the head of Mercedes-Benz until 22 May 2019, a position he held since 2006.In 2000, he assumed responsibility for Chrysler as CEO and President until 2005, when he became Head of the Mercedes-Benz Car Group. He was appointed as CEO of Daimler AG in 2006.
Did the CEO of Mercedes resigned after 49 years?
For nearly five decades, Zetsche shaped Mercedes-Benz with innovation, discipline, and global respect—becoming the face of the brand itself. Then came a legendary moment of sportsmanship. Rival BMW released a farewell video showing that after 49 years, Zetsche was finally “free” to drive whatever he wanted. In September 2018, it was announced that Zetsche will step down as the company’s CEO in May 2019, in compliance of a two-year-long hiatus regulatory rule, before becoming chairman of Daimler’s supervisory board in 2021, succeeding Manfred Bischoff.After 49 years of dedication, Dieter Zetsche officially retired from Mercedes-Benz, ending one of the most iconic leadership journeys in automotive history. For nearly five decades, Zetsche shaped Mercedes-Benz with innovation, discipline, and global respect—becoming the face of the brand itself.Dieter Zetsche – Former Chairman of the Board of Management of Daimler AG / Head of Mercedes-Benz Cars | LinkedIn.
Who is the current CEO of Mercedes?
Ola Kaellenius – CEO of Mercedes-Benz | LinkedIn. Bezos reportedly drew a salary of only $80,000 annually throughout his tenure as CEO. Bezos described his stance as typical of founder-operators, who often prefer to tie their fortunes to the value of their existing equity rather than through executive pay packages.Highest Paid CEO in the World: Elon Musk is the highest paid CEO in the world with earnings around $23. Following him are other big names like Tim Cook of Apple, Sundar Pichai of Alphabet (Google’s parent company), Jensen Huang of Nvidia, and Reed Hastings of Netflix.Salary Ola Källenius Ola Källenius (CEO – Mercedes-Benz – Germany) earns a salary of ₹50,83,37,735.Salary Elon Musk Elon Musk (Entrepeneur – Tesla, SpaceX, Neuralink – United States) earns a salary of ₹1,32,69,29,57,03,684.