Mercedes-Benz announced changes to its top management on Wednesday, replacing chief technology officer Markus Schaefer with head of production Joerg Burzer, as it pursues cost efficiencies with a younger board.
Burzer, aged 55, will assume responsibility for development and procurement and take on the CTO role from the beginning of December together, the German company said in a statement.
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Schaefer, who oversaw Mercedes’ shift from traditional… [869 chars]
Source: Reuters | Published: 2025-09-24T08:19:49Z
Credit: Reuters
