Ola Källenius
CEO
2019 – Present
7 years (current)
Key Decisions & Impact
Ola Källenius has led Mercedes-Benz through a shift from volume ambition toward value, electrification, software control, and corporate simplification. He prioritized AMG, Maybach, G-Class, S-Class, and other Top-End vehicles, expanded the EQ electric portfolio, supported MB.OS as the future vehicle operating system, and oversaw the 2021 Daimler Truck spin-off to sharpen strategic focus. His era also includes cost discipline through programs such as Next Level Performance, which contributed more than $3.95 billion (€3.5 billion) in cost savings in 2025. The measurable result is a more focused company, but also a sharper test: FY2025 revenue fell to ~$149 billion (€132.2 billion) and Cars margins compressed, making execution on EVs, China, tariffs, and software decisive.
Legacy
Källenius split off Daimler Truck, renamed the company Mercedes-Benz Group, pushed the Top-End luxury focus and MB.OS software, and is now steering the company through falling China sales and its largest-ever product launch programme.