Daimler India Commercial Vehicles Welcomes Alexander Schoen as New CFO

Key Highlights:

• Alexander Schoen is appointed as DICV's new Chief Financial Officer.
• Schoen replaces Manish Thakore, who transitions to Daimler Truck Financial Services North America.
• Schoen brings extensive experience within Daimler Truck's global network, enhancing DICV's financial strategies.
• Satyakam Arya expresses confidence in Schoen's ability to drive DICV towards future success.

Daimler India Commercial Vehicles (DICV) has appointed Alexander Schoen as its Chief Financial Officer. He replaces Manish Thakore, who now takes on the position of Director of Special Projects at Daimler Truck Financial Services North America.

Financial Strategies & Growth Objectives

In his new role, Schoen will oversee DICV's financial strategies, focusing on enhancing operational efficiencies and supporting the company's growth objectives. His responsibilities include directing the company's strategic alliances, optimizing financial performance, and ensuring financial sustainability in a competitive market environment.

Endorsement from Management

Satyakam Arya, Managing Director & CEO of Daimler India Commercial Vehicles, expressed confidence in Schoen's capabilities, stating, "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."

Schoen's Track Record and Vision

Schoen brings with him nearly two and a half decades of experience, showcasing expertise in financial operations, project management, and efficiency enhancement. 

His journey within the Daimler network has seen him involved in various roles, from project controlling in Kassel to financial leadership positions in Tokyo and Gaggenau. Notably, he served as CFO of Daimler Truck Mexico before assuming his current role at DICV.

Looking Ahead

Expressing his enthusiasm for the role, Schoen emphasized the dynamic nature of India's commercial vehicles industry and its contribution to the nation's economic development. He looks forward to leveraging his global experience to shape DICV's financial excellence, create value for stakeholders, and support the company's pursuit of growth and sustainability.

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About Daimler India Commercial Vehicles

DICV, operating under Daimler Truck Asia, stands as a significant player in India's commercial vehicle market with its flagship brand, BharatBenz. 

From manufacturing trucks ranging from 10 to 55 tons to producing BharatBenz buses, Mercedes-Benz coaches, and bus chassis, DICV holds a prominent position in the sector. 

The company's manufacturing plant in Oragadam near Chennai is equipped with modern facilities, including a test track, headquarters, R&D, and training operations. DICV's commitment to quality extends globally, with products and parts exported to over 60 markets across Africa, Asia, Latin America, and the Middle East.

CMV360 Says

Alexander Schoen's appointment as DICV's Chief Financial Officer highlights a strategic shift towards financial sustainability and growth. His extensive experience within Daimler Truck's global network promises to steer DICV to new heights, fostering efficiency and strategic partnerships. 

With a proven track record spanning diverse roles, Schoen is poised to drive DICV's financial operations effectively in this competitive market.