Wednesday 25 March 2015

Supervisory Board assigns Joachim Drees as CEO of MAN Truck & Bus AG

The Supervisory Board of MAN Truck & Bus AG has appointed Joachim Drees as Chief Executive Officer (CEO) of the Munich commercial vehicle manufacturer. Mr. Drees (50) will assume executive responsibility from Anders Nielsen on April 1, 2015, who will be accountable for Business Development in the commercial vehicles division at Volkswagen AG in upcoming phase.MAN TRUCKSFurthermore, the Supervisory Board has decided to extend the contract of 50-year-old Heinz Jürgen Löw as Director of Sales & Marketing until 2021.Joachim DressSummary on Joachim Drees career:
-Was Chief Financial Officer of Drees & Sommer AG, Stuttgart. 
-Previously partner in a British investment company in London. 
-Worked as a manager with the Daimler Truck Group and Mercedes-Benz Trucks. 
-As of April 1, 2015 he will be CEO of MAN Truck & Bus AG, the largest company of the MAN Group.Anders NielsenSummary on Anders Nielsen Career:
-He was projected to attain important role in MAN and today he will be switching to Volkswagen AG, the parent company of the MAN Group, on April 1, 2015.
-New Responsibilities involves:
      * Strenghthening up and heading the Business Development department in the commercial vehicles division.
      * Will be stating to Andreas Renschler, Board of Management member for Commercial Vehicles at Volkswagen AG.

Source: Autobei

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