✂ Fed’s first rate cut since 2020: Use our free Stock Screener to find new opportunities fastExplore for FREE

Daimler Truck CFO Jochen Goetz dies in 'tragic accident'

Published 08/06/2023, 02:46 PM
Updated 08/06/2023, 08:45 PM
© Reuters. FILE PHOTO: FILE PHOTO: Daimler AG sign is pictured at the IAA truck show in Hanover, Germany, September 22, 2016.  REUTERS/Fabian Bimmer/File Photo/File Photo/File Photo
MBGAF
-

FRANKFURT (Reuters) -Daimler Truck's Chief Financial Officer Jochen Goetz has died in a "tragic accident," the company said on Sunday.

Goetz, 52, died on Saturday, a statement said, without giving details of the accident.

Goetz spent his entire professional career, spanning more than 36 years, in the Daimler (OTC:MBGAF) Group, and was largely responsible for the successful spin-off of Daimler Truck Holding from what is now the Mercedes-Benz Group in December 2021.

"He played a key role in shaping today's Daimler Truck company and, as CFO, consistently worked to ensure that the company is now more economically successful than ever before," Chief Executive Martin Daum said.

The company statement said Goetz had been distinguished by "his high level of professionalism as well as his positive, hands-on manner".

Joe Kaeser, supervisory board head and former Siemens veteran, said of Goetz: "Just a few days ago, he convincingly and confidently presented the successful financial development of 'his company' to the supervisory board."

© Reuters. FILE PHOTO: FILE PHOTO: Daimler AG sign is pictured at the IAA truck show in Hanover, Germany, September 22, 2016.  REUTERS/Fabian Bimmer/File Photo/File Photo/File Photo

Daimler Truck achieved a second quarter record adjusted return on sales of 10.3% for its industrial business, the company said last Tuesday, even as it faced rising monthly costs from inflation.

Goetz, who had held his current position since July, 2021, leaves a wife and two children.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.