May 24, 2024

Daimler India Commercial Vehicles (DICV), the wholly owned subsidiary of Daimler Truck AG (“Daimler Truck”) today announced that Mr. Alexander Schoen has been appointed as Chief Financial Officer, effective March 1, 2024.

In his new role, Mr. Schoen will be responsible for steering DICV’s financial strategies, enhancing operational efficiencies and supporting the company’s growth objectives. He will play a pivotal role in fostering strategic partnerships, optimizing financial performance, and ensuring the financial sustainability of DICV in this competitive market.

Mr. Satyakam Arya, Managing Director & 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.”

Alexander Schoen joins Daimler India Commercial Vehicles with a rich background in finance and strategic planning, having held various leadership roles within Daimler Truck. Starting his career in 1999, Alexander has demonstrated a keen ability to lead financial operations, manage complex projects, and drive efficiency improvements across the board. His contributions have spanned from project controlling in Kassel to leading financial operations in Tokyo and Gaggenau, and most notably as CFO of Daimler Truck Mexico.

Mr. 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.”

Mr. Schoen replaces Mr. Manish Thakore, who has moved to Daimler Truck Financial Services North America as Director of Special Projects.