Daimler India Commercial Vehicles Appoints New Chief Financial Officer: Impact On Business Explained

With the appointment of Alexander Schoen as chief financial officer, Daimler India Commercial Vehicles believes in significant positive change in business. How he may impact business? Read on for details

In a move to further improve the business and financial side of operations, Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG (“Daimler Truck”) announced that Alexander Schoen has been appointed as chief financial officer. 

Taking this position into consideration, Schoen will be responsible for directing DICV's financial strategies, enhancing operational efficiencies and supporting the company’s growth objectives. He will play a key role in establishing and enhancing strategic partnerships, optimising the financial performance of the company and ensuring financial sustainability. 

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The Roots Guiding Performance

Alexander Schoen joins Daimler India Commercial Vehicles with significant experience working his way through many leadership roles within Daimler Truck, with a rich background in finance and strategic planning. 

As per DICV, Alexander has demonstrated a keen ability to lead financial operations, manage complex projects, and drive efficiency improvements across the board. DICV boasts that he has contributed significantly to several projects controlling Kassel to leading financial operations in Tokyo and Gaggenau, and most notably as CFO of Daimler Truck Mexico.

Insights: DICV Comments

Satyakam Arya, managing director and CEO, Daimler India Commercial Vehicles, said, “We are delighted to welcome Alexander Schoen to the Daimler India Commercial Vehicles family. As we navigate DICV towards the future, his extensive experience within Daimler Truck’s global network, leadership in financial operations and strategic vision for growth will take the company to new heights.

“Alexander’s proven track record and international experience will prove immensely useful in driving our financial performance to support DICV’s continued growth and success in India. I would like to express my heartfelt gratitude to our former CFO Manish Thakore for his invaluable contributions to DICV over the years. We wish him the best in his new role at Daimler Truck Financial Services North America,” He added.

Alexander Schoen, chief financial officer of Daimler India Commercial Vehicles, said, “I am truly excited to join Daimler India Commercial Vehicles in my new role as chief financial officer.

“The Indian Commercial Vehicles industry is on a progressive path contributing to the fast-paced economic development the country is under. I look forward to leveraging my global experience to shape DICV’s financial excellence, generate value for our stakeholders and support our pursuit of growth and sustainability,” He added.

What We Think?

Considering Alexander Schoen’s historic background and strategic involvement with the company in enhancing the business and financial side of Daimler Truck, the new chief financial officer is poised to take the business of Daimler India Commercial Vehicles a notch higher, for growth and sustainability.  

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