FRANKFURT – Daimler’s Dieter Zetsche is not going to search to change into chairman of the German carmaker’s supervisory board, he informed Frankfurter Allgemeine Sonntagszeitung newspaper.
Zetsche, 67, a former chief govt of the corporate which owns the Mercedes-Benz model, was due to sit down as chairman on the board of administrators, which in Germany is named the supervisory board.
“Naturally I wish to have performed the job. I additionally consider I might have performed it nicely. However ultimately I made a decision that I don’t want it, that I surrender this chance,” Zetsche is quoted as telling the paper.
“We acknowledge Dr. Zetsche’s resolution with nice respect,” a Daimler spokesman stated.
Zetsche says Daimler’s prime buyers would have backed him to succeed Manfred Bischoff however that there could have been opposition from different shareholders.
“The truth that after 40 years of labor I’m not regarded by some as an asset, however as a burden, I don’t want that,” Zetsche is quoted as telling the paper.
Zetsche, who apart from being chief govt of Daimler, was additionally head of Mercedes-Benz, was because of succeed Bischoff at Daimler’s annual basic assembly on March 31, 2021.
Earlier this month Daimler agreed to pay $2.2 billion to resolve a U.S. authorities diesel emissions investigation and claims from 250,000 U.S. car homeowners.