Renschler to hand over management of Traton; MAN gets new CEO

Senior management of Traton, MAN and Volkswagen Commercial Vehicles are to change in a wide reshuffling of senior management within the group. Chair of the board of management of Traton, Andreas Renschler will hand over control to Matthias Grundler (pictured) from 15 Jul, while MAN Truck & Bus CEO Joachim Drees has agreed to leave the board of management of Traton by mutual consent as well as his position at MAN. Grundler, who has been CFO of the group until May 2018, will take control while Dr Andrea Tostmann, who is currently a member of the board of management for the Volkswagen passenger car business and responsible for production and logisitics, will take a seat on the board of Traton as he takes over the position left by Drees.

Professor Carsten Intra, currently the Traton board of management member responsible for HR, will change roles and take over as CEO of Volkswagen Commercial Vehicles. Outgoing VWCV CEO Thomas Sedran will take up a strategy-based role heading up the management of commercial vehicle and engineering assets within the Volkswagen Group. Henrik Henriksson will continue to work as a member of the Traton board and as CEO of Scania.

Traton board of management member Christian Levin, who serves as the COO and the head of research and development, will also remain in his positions. However, the position within Traton vacated by Intra will cease to exist and responsibilities will be assigned to other board members, while his role as executive board member for HR within MAN will be taken on by Dr Martin Rabe. “Andreas Renschler has made a significant contribution to the successful course taken by Traton.

After the successful IPO in Frankfurt and Stockholm he laid together with the board of management the foundation for the company’s future-oriented position and ensured that the company, with a strong network of strategic partners, has access to all the relevant markets,” said chairman of the supervisory board of Traton, Hans Dieter Potsch.

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