#WolfgangBernhard

Daimler Truck Boss, Apparently Too Old for a Promotion, Splits From Company

It looks like mustachioed, jeans-loving Daimler CEO Dieter Zetsche will have to look elsewhere for a successor to the company throne.

Wolfgang Bernhard, head of Daimler Trucks & Buses, was thought by many a likely candidate to take on the top job once Dr. Z retires. Announced today, Bernhard is stepping down from his post and leaving the company he joined in 1994, even before his contract expires.

Infighting and age could have a lot to do with it.