## Karin Rådström Takes the Reins at Daimler Truck AG **Stuttgart – October 1, 2022** Daimler Truck AG announced today that Karin Rådström will become the new Chairwoman of the Board of Management effective January 1, 2023. Rådström is the first woman to lead the commercial vehicle manufacturer. She succeeds Martin Daum, who is stepping down from his role as Chairman of the Board of Management at the end of the year. With over two decades of experience in the commercial vehicle industry, Rådström brings a wealth of knowledge and expertise to her new role. She most recently served as Head of Mercedes-Benz Trucks and CEO of Daimler Truck North America, where she was responsible for the global truck business and the NAFTA region. Under her leadership, Mercedes-Benz Trucks achieved record sales and profitability. **Leadership Transition: Martin Daum to Step Down as Chairman of the Board of Management** Martin Daum has led Daimler Truck AG since its spin-off from Daimler AG in 2021. During his tenure, the company has undergone a successful transformation, posting strong financial results and making significant investments in electric and autonomous driving technologies. Daum's leadership has been instrumental in positioning Daimler Truck AG as a leader in the commercial vehicle industry. **A New Era for Daimler Truck AG** Karin Rådström's appointment marks a new era for Daimler Truck AG. As the first woman to lead the company, she brings a fresh perspective and a commitment to diversity and inclusion. Her proven track record of success in the commercial vehicle industry makes her well-suited to lead Daimler Truck AG into the future. **Rådström's Vision for Daimler Truck AG** Rådström has outlined her vision for Daimler Truck AG, which includes: * **Accelerating the transition to electric and autonomous driving technologies.** * **Strengthening the company's global leadership position in commercial vehicles.** * **Creating a sustainable and profitable future for Daimler Truck AG.** **Conclusion** Karin Rådström's appointment as Chairwoman of the Board of Management of Daimler Truck AG is a significant milestone for the company. Her experience, leadership, and commitment to innovation will be instrumental in driving Daimler Truck AG's continued success in the years to come. The company and the industry eagerly anticipate her vision and leadership as it embarks on a new chapter under her guidance.
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