Following the surprise news that Andreas Renschler has left Daimler, Volkswagen has announced that he will take up a position as board member with responsibility for the Commercial Vehicles division from February next year. He takes over from Lief Östling.
Östling retires from the role next year but will continue to contribute to VW’s commercial vehicles business as a member of the supervisory board.
“We are very pleased we have been able to recruit Mr Renschler to join our company thanks to the initiative and efforts of Mr. Östling. said Prof. Dr Ferdinand K. Piëch, chairman of the Supervisory Board of Volkswagen Aktiengesellschaft. “We have found the ideal successor for Mr. Östling when he retires from the Board of Management next year. I am particularly pleased that Mr Östling has agreed to contribute his experience to our commercial vehicles business in a Supervisory Board capacity once he has stepped down from the Board of Management.
Renschler joined Daimler-Benz in 1988 and made his first mark in managing the development of the M-Class and serving as president and CEO of Mercedes-Benz US International (MBUSI). He became president of smart between 1999 and 2004 and was then appointed a member of the Daimler Board of Management responsible for the company’s truck and bus units.
At Daimler he is being replaced by Markus Schäfer, currently responsible for vehicle production planning at Mercedes-Benz, who becomes a member of the divisional board.