Chennai: Daimler Truck´s commercial vehicle business in India under new leadership: Torsten Schmidt (53), currently Chief Financial Officer (CFO) of Mercedes-Benz do Brasil, will become the new Managing Director & CEO of Daimler India Commercial Vehicles (DICV) with a planned start in early 2026. Torsten Schmidt succeeds Satyakam Arya as CEO, who has been nominated as the designated President and CEO of Hino Motors in Japan.
Achim Puchert, CEO Mercedes-Benz Trucks: “Torsten is an experienced and respected leader whose global and intercultural expertise are matched by a proven ability to deliver results. His strong leadership qualities, strategic vision, financial proficiency, and comprehensive knowledge of the entire value chain make him the perfect fit for his new role and to drive our business forward. My heartfelt thanks go to Satyakam – an outstanding leader with exceptional expertise in commercial vehicle operations and a deep commitment to customer success. Satyakam has been a driving force behind Daimler India Commercial Vehicles’ success and together with his team he has established a solid footprint. We wish him all the best in his new role.”
Torsten Schmidt joined Daimler in 1997 after his university graduation in Industrial Engineering and Management in Germany and the UK. Over the past 28 years, he has held numerous senior positions in Germany, India, Japan, and Brazil. Having led teams at various production sites, in the sales organization, and central functions at Daimler Truck, Mercedes-Benz Trucks, and Daimler Truck Asia, he has gained extensive experience in business transformation in Asia, Europe and Latin America. Most recently he was the CFO of Mercedes-Benz do Brasil, prior to that he was based in Japan responsible for Finance and Controlling of Daimler Truck’s business in Asia.
In his new role, Torsten Schmidt will report to Achim Puchert, CEO of Mercedes-Benz Trucks.