Ridiculously good-looking auto industry veteran, Wolfgang Bernhard, has made headlines today following the announcement that he will be returning to his old stomping grounds at Daimler. Planning to succeed Wilfried Porth has head of Mercedes-Benz vans division in April 2009, Bernhard will assume the responsibility of commanding a staff of 16,000 employees as well as overseeing the production of an estimated 288,000 vehicles each year. Outwardly delighted to have his former business partner back on board, Daimler CEO Dr. Dieter Zetsche said, “I am pleased that Wolfgang Bernhard is back on board at Daimler. I value his knowledge and experience from the mutual time we spent in the USA and am happy that we can continue our excellent professional relationship.”
Generally romanticized by fans of the Daimler Wolfgang Administration as a sizable victory, today’s news marks the end of Bernhard’s five-year hiatus from Daimler. A close confidant of Dr. Z, Bernhard served Daimler as a faithful employee from 1994 until 2004 when a disagreement between Bernhard former Daimler CEO, Juergen Schrempp, ultimately lead Bernhard to leave. Succeeding his withdrawal, Bernhard joined the ranks of fellow German automaker Volkswagen, where he remained until 2007 when he assumed a brief advisorship at Cerberus Capital Management.
Source: Wall Street Journal