Chennai: Daimler India Commercial Vehicles (DICV) announced the appointment of Torsten Schmidt as its next Managing Director & CEO, effective early 2026.
The leadership transition follows the elevation of current CEO Satyakam Arya, who has been designated as President and CEO of Hino Motors in Japan.
Torsten Schmidt, currently serving as the Chief Financial Officer (CFO) at Mercedes-Benz do Brasil, will take charge of DICV’s operations in India.
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Torsten Schmidt to Bring Global Experience to Daimler India Commercial Vehicles
He brings more than 28 years of experience across multiple continents, having worked in senior leadership roles in Germany, India, Japan, and Brazil. His expertise spans production, finance, and strategic management, making him a key figure in Daimler Truck’s international operations.
Commenting on the appointment, Achim Puchert, CEO of Mercedes-Benz Trucks, said, “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.”
Puchert also acknowledged Satyakam Arya’s leadership, stating, “My heartfelt thanks go to Satyakam – an outstanding leader with exceptional expertise in commercial vehicle operations and a deep commitment to customer success. Together with his team, he has built a solid foundation for Daimler India Commercial Vehicles’ growth.”
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Torsten Schmidt’s Career Journey and Strategic Vision
Torsten Schmidt joined Daimler in 1997 after completing his degree in Industrial Engineering and Management in Germany and the UK.
Throughout his 28-year career, he has worked with Daimler Truck, Mercedes-Benz Trucks, and Daimler Truck Asia, leading teams across production, sales, and finance functions. His leadership has played a pivotal role in driving business transformation initiatives across Asia, Europe, and Latin America.
Before his current role as CFO of Mercedes-Benz do Brasil, Schmidt was based in Japan, where he oversaw finance and controlling functions for Daimler Truck’s operations in Asia.
In his new role as Managing Director & CEO of Daimler India Commercial Vehicles, Torsten Schmidt will report directly to Achim Puchert, CEO of Mercedes-Benz Trucks.
