MD

Martin Daum

CEO
Company Name
German
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Biography

Martin Daum is a distinguished German business executive who served as Chairman of the Board of Management (CEO) of Daimler Truck Holding AG from 2021 to 2024, successfully leading one of the world's largest commercial vehicle manufacturers through unprecedented technological transformation. Born in Karlsruhe in 1959, Daum embarked on a nearly four-decade career at Daimler beginning in 1987, progressively advancing through key leadership positions across finance, operations, and strategic management. His tenure as President and CEO of Daimler Trucks North America from 2009 to 2017 established him as a transformational leader, where he drove significant revenue growth and positioned the North American segment as one of Daimler Truck's powerhouses. Under his global leadership since 2017, Daum spearheaded the company's transition from a conglomerate division into a successful DAX-listed independent entity, significantly increasing revenues while enhancing margins and providing greater flexibility for future investments. He championed the industry's technological revolution, leading the development of both battery-electric vehicles like the e-Actros and eCascadia, and hydrogen-based fuel cell technologies. Daum's strategic vision positioned Daimler Truck at the forefront of sustainable transportation solutions, navigating complex supply chain challenges and global uncertainties while maintaining the company's market leadership position. His leadership philosophy emphasized listening to workforce interests while driving innovation, earning recognition as a CEO whose strategic decisions influence the entire global trucking industry. In 2024, Daum received the prestigious Global Leadership Award from the American-German Institute at Johns Hopkins University, recognizing his profound impact on German-American business partnerships and his role as an architect of Daimler Truck's economic success and international reputation.

Career History

Chairman of the Board of Management (CEO)

Nov 2021Sep 2024
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Key Responsibilities:
Overall strategic leadership of world's largest commercial vehicle manufacturerP&L responsibility for global truck and bus operationsLeading technological transformation to electric and hydrogen mobilityManaging DAX-listed independent company operationsOverseeing global supply chain and manufacturing operations

Member of the Board of Management - Daimler Trucks and Buses

Feb 2017Oct 2021
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Key Responsibilities:
Global leadership of Daimler's commercial vehicle operationsStrategic planning and market development for trucks and busesTechnology development and innovation initiativesInternational business expansion and partnerships

President and CEO

May 2009Jan 2017
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Key Responsibilities:
Leadership of Freightliner, Western Star, Detroit Diesel operationsOversight of Thomas Built Buses and Custom Chassis divisionsNorth American market strategy and business developmentManufacturing and operational excellence initiatives

Senior Vice President Production

Dec 2005Apr 2009
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Key Responsibilities:
Global production strategy and manufacturing operationsQuality management and operational excellenceSupply chain optimization and cost management

Head of Unimog & Special Vehicle Division

Dec 2002Nov 2005
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Key Responsibilities:
Strategic leadership of specialty vehicle operationsProduct development and market positioningBusiness unit P&L management

Chief Financial Officer

Dec 2001Nov 2002
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Key Responsibilities:
Financial strategy and planningBudget management and cost optimizationFinancial reporting and investor relations
Contact Information

Nationality

German

Social Media

Education

Diploma in Business Administration from University of Mannheim (1980-1985)

Bank Clerk Training (completed 1978-1980)

Abitur (German university entrance qualification) (1978)

Current Position

CEO

Company Name

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