Daimler’s Andreas Renschler, who until a year ago oversaw the company’s trucks division, has left the company, effective immediately, according to an announcement from the worldwide truck, engine and car maker this week. He had been with Daimler 25 years and ran Daimler Trucks for 10.
Since last year, Renschler had headed Mercedes-Benz, one of Daimler’s many worldwide brands, and he was considered by many to be on a shortlist to become the next CEO at the company, according to the Wall Street Journal.
WSJ also says his resignation may be due to the timing of his potential candidacy as CEO, as its article cites Renschler as indicating the wait to become CEO would be too long.
Renschler told the Wall Street Journal he left to for “a different perspective.”
Daimler’s announcement says Renschler left “of his own accord and by mutual consent,” and that the company’s Supervisory Board “unanimously approved the termination of his contract of service.”
Daimler AG owns Daimler Trucks North America, which includes Freightliner, Western Star and Detroit brands.