/ Industry, Mercedes-Benz, News / Daimler signs CFO to stay until 2019

Daimler signs CFO to stay until 2019

Linked In Share
Daimler signs CFO to stay until 2019

The German automaker Daimler, parent of Mercedes-Benz premium brand, has decided to extend by five years the contract of its Chief Financial Officer Bodo Uebber.

Daimler has announced in a statement that Uebber, 54, will remain in charge of the manufacturer’s funding, overseeing finance, mergers and acquisitions through 2019. Dieter Zetsche, the company’s CEO, spearheads Mercedes-Benz’s return to the top spot in global premium-auto sales that was lost to BMW in 2011.

“We are delighted to continue the excellent cooperation with Bodo Uebber,” who is an “outstanding CFO,” Supervisory Board Chairman Manfred Bischoff said in the statement. “Daimler is soundly financed and has very good access to, and a very good reputation in, the capital market.”

Uebber, who started his career in 1985 at aerospace company Messerschmitt-Boelkow-Blohm, later bough by Daimler, has become a board member since December 2003 and CFO since late 2004. Among his more prominent feats stands the 9 billion-euro ($12.4 billion) credit line won from 40 banks last year and the stakes bought in several partners – like Beijing Automotive Group Co.’s auto unit or in known electric carmaker Tesla.

Via Bloomberg

by Aurel Niculescu (my Google+) - Wednesday, February 19th, 2014 - filed under Industry, Mercedes-Benz, News. Image credit: .
Linked In Share
Related Articles
2019 cfo contract extension


Discuss: Daimler signs CFO to stay until 2019

Leave a Reply


















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Volkswagen NMC Concept to rival the Mercedes CLA
Volkswagen NMC Concept to rival the Mercedes CLAVolkswagen is planning to put the NMC Concept into production as the model in question will be rivaling models such as the ...
Germany: prosecutors say F1’s Ecclestone was blackmailed
Germany: prosecutors say F1’s Ecclestone was blackmailedAccording to German prosecutors, who made a startling revelation, Formula One’s chief executive Bernie Ecclestone was allegedly ...
Rented Ferrari 458 Italia gets crashed in London
Rented Ferrari 458 Italia gets crashed in LondonA rented Ferrari 458 Italia has managed to hit a lot of “things” before stopping but happily both occupants walked ...
2015 Toyota Aygo gets new 1.0L engine
2015 Toyota Aygo gets new 1.0L engineToyota has recently announced a brand new 1.0 liter three-cylinder engine for the recently unveiled second Aygo generation. The ...
Owners attack GM’s bid to hide from recall litigations
Owners attack GM’s bid to hide from recall litigationsGeneral Motors requested in a New York bankruptcy court protection from litigations on the ignition switch recall because of its ...
Ferrari F430 crashed by cycling star Tom Boonen
Ferrari F430 crashed by cycling star Tom BoonenCycling star Tom Boonen has recently managed to crash his Ferrari F430 after the tire of the Italian supercar has ...
[VIDEO] Lykan Hypersport seen on the street
[VIDEO] Lykan Hypersport seen on the streetThe brand new very expensive and very rare Lykan Hypersport has been recently spotted on the street, where it had to show off ...
China: premium automakers seek young buyers acceptance
China: premium automakers seek young buyers acceptanceAs competition in the luxury segment in the world’s largest automotive market continues to grow, premium automakers seek to ...
Mercedes-Benz C-Class to get new C450 AMG Sport version
Mercedes-Benz C-Class to get new C450 AMG Sport versionThe new generation of the Mercedes-Benz C-Class will soon receive another version, the C450 AMG Sport, which will fill the gap ...
Chrysler and Fiat’s IT infrastructures to be integrated by IBM
Chrysler and Fiat’s IT infrastructures to be integrated by IBMAs Fiat SpA, Chrysler Group LLC and CNH Industrial NV are preparing for the final merger into Fiat Chrysler Automobiles, one very ...
See a Ferrari FF carrying timber in Virginia
See a Ferrari FF carrying timber in VirginiaA Ferrari FF has been recently spotted while it was helping out its owner by carrying some timber in its trunk, in Virginia, ...
US: survey says GM brand fell more than Chevrolet on recall
US: survey says GM brand fell more than Chevrolet on recallAs the scandal surrounding General Motors handling of the 2.6 million cars recall in relation to a defective ignition switch ...
Recall roundup: Lincoln MKZ
Recall roundup: Lincoln MKZThe North American based automaker Lincoln has recently announced a recall for the MKZ, because of a problem with the front ...
Mercedes-Benz Concept Coupe SUV – new images released
Mercedes-Benz Concept Coupe SUV – new images releasedMercedes-Benz has recently released new images with the Concept Coupe SUV, the future rival of the BMW X6. Originally unveiled ...
New CEO sees GM’s profit dented by the 7 million cars it recalled
New CEO sees GM’s profit dented by the 7 million cars it recalledCome tomorrow, we wouldn’t be surprised if General Motors posts a first quarter loss. That’s far from last year’s estimates ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

ferrari-f430-crash spa francorchamps tom boonen 1
Mercedes-Benz Concept Coupe SUV 1
lexus nx spotted parking lot 1
ford fiesta st3 1
lamborghini gallardo full color gradient rainbow color malaysia 1
2012-ferrari-458-italia-crash spa francorchamps 2
bmw m2 render 1
Jeep-Wrangler-Polar-Edition 1
lexus nx three-door 1
Maserati MC12 Corsa by Edo Competition 1
2015 toyota gt 86 1
2015 fiat ducato facelift 1

More automotive from inautonews
Volkswagen is planning to put the NMC Concept into production as the model in question will be rivaling models such as the Mercedes-Benz CLA. The German based automaker Volkswagen will be introducing a production version of the recently unveiled NMC (New Midsize Coupe) Concept, which will become a ...
read more
Inautonews Editors Section
Do you have £200,000? Then you can have the trip of a (hazardous) lifetime
Do you have £200,000? Then you can have the trip of a (hazardous) lifetimeAre you tired of the ever-boring home to work commute? Well, if you’re the adventurous type and can afford the paycheck, the world's most hazardous ...
Check out the everyday cars of St. Moritz – photo gallery
Check out the everyday cars of St. Moritz – photo gallerySt. Moritz is the oldest winter holiday destination in the world – and on the same time it is probably the most expensive ski resorts in the ...
Test Drive: Renault Captur 0.9 – TCe 90 – fast review
Test Drive: Renault Captur 0.9 – TCe 90 – fast review After we’ve tested almost all Renault Captur models, we decided to check out the 3-cylinder engine - 898 cc 66kw (90 hp) model. Why we’ve ...

Editors Section
Inautonews Editors Section
2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video] 2009 safest cars Euro NCAP

Latest in Safety Recall roundup: Lincoln MKZThe North American based automaker Lincoln has recently announced a recall for the MKZ, because of ... Recall roundup: Volkswagen 1.8t powered vehiclesVolkswagen has announced a recall affecting models powered by the 1.8 liter turbocharged ...
Safety Section