Ola Källenius at the Head of Mercedes-Benz Group
Ola Källenius has been Chairman of the Board of Management of Mercedes-Benz Group AG since 22 May 2019. A Swedish and German citizen, he joined the former Daimler-Benz AG as a trainee in 1993, and his current appointment as chief executive runs until May 2029.
| Role | Chairman of the Board of Management (CEO) |
|---|---|
| Company | Mercedes-Benz Group AG |
| Headquarters | Stuttgart, Germany |
| Industry | Automotive |
| In role since | 2019 |
| Born | 11 June 1969, Västervik, Sweden |
| Education | Master in Finance and Accounting, Stockholm School of Economics; Master of International Management, CEMS Programme, University of St. Gallen |
| Company website | group.mercedes-benz.com |
From Tuscaloosa Controlling to the Daimler Board
After military service in the Swedish army in 1988 and 1989, Källenius studied in Stockholm and St. Gallen. He then spent more than two decades in management roles across the group in the United States, the United Kingdom and Germany:
- 1995: Manager, and from 1998 Senior Manager, Corporate Controlling, Mercedes-Benz U.S. International, Tuscaloosa
- 2000 to 2002: Procurement roles for Mercedes-Benz Cars at DaimlerChrysler AG
- 2003: Executive Director, Operations, McLaren Automotive, Woking
- 2005: Managing Director, Mercedes-Benz HighPerformanceEngines, Brixworth
- 2009: President and CEO, Mercedes-Benz U.S. International, Tuscaloosa
- 2010: Managing Director, Mercedes-AMG GmbH, Affalterbach
- 2015: Board of Management member for Mercedes-Benz Cars Marketing and Sales
- 2017: Board of Management member for Group Research and Mercedes-Benz Cars Development
Mercedes-Benz Cars, Vans and the 2025 Results
Mercedes-Benz Group builds premium passenger cars and vans and runs a financial services arm. In 2025 the group sold more than 2.1 million vehicles, including 1,801,291 cars and 359,136 vans.
For 2025 Mercedes-Benz Group reported revenue of 132.2 billion euros, compared with 145.6 billion euros in 2024, and net profit of 5.3 billion euros. The group employed about 164,000 people.
Contract Extension and Industry Roles
In July 2023 the Supervisory Board extended his contract by five years ahead of schedule, through May 2029. Källenius also chairs the Board of Management of Mercedes-Benz AG and was re-elected President of ACEA, the European automobile manufacturers’ association, for a second term in 2026.
Mercedes-Benz Pages and Filings Behind This Profile
- Ola Källenius, Board of Management, Mercedes-Benz Group
- Mercedes-Benz Group AG: Solid Cash Generation and Shareholder Returns in 2025, Business Wire
- Mercedes-Benz extends contract of Group CEO Källenius, MarketScreener
- Mercedes CEO Källenius re-elected as President of ACEA, New Mobility News
- Mercedes CEO on his electric AMG, Electrek
