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Economy

Daimler's new CEO adds international flair to Mercedes

Updated : September 26, 2018 11:45 PM IST

A 49-year old Swede, Kaellenius is the first non German CEO to head up the 132-year-old Stuttgart-based inventor of the modern automobile. He also lacks an educational background in mechanical engineering.
With his international experience he embodies a more informal leadership style as Daimler seeks to embrace Silicon Valley management tactics to compete with tech rivals like Waymo and Byton in a race to put self-driving cars on the road.
Daimler's new CEO adds international flair to Mercedes
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