Dr Wilfried Aulbur
Source : Business Line Bureau,New Delhi, Sept 12,2010
German luxury carmaker Mercedes-Benz India announced on Sunday that its Managing Director and Chief Executive Officer for the last five years, Dr Wilfried Aulbur, will resign by end-2010.
Industry sources said that Dr Aulbur, who is married to Ms Rekha Srinivasan, an Indian, was offered an appointment outside India by Mercedes. However, he has chosen to move outside the Daimler Group in India.
“Dr Aulbur will be successfully completing his fifth year as the MD and CEO of Mercedes-Benz India by the end of 2010. Dr Aulbur will remain with Mercedes-Benz India till a successor is identified to ensure a smooth transition,” said a company statement.
Over the last five years, Mercedes-Benz has grown aggressively in the luxury car segment. During Dr Aulbur's tenure, the company has established its truck and bus business and expanded its research and sourcing operations in India.
Speaking to Business Line, Dr Aulbur said, “A lot of work has been done by Mercedes-Benz in India in the last five years and many further investments are now lined up. My contract was for a longer time and I had options to work abroad, but I've chosen to work in India and pursue other engagements. I will continue till a replacement is found.”
He, however, did not mention where he would join next after completing the year at Mercedes.
Dr Aulbur, who is a German, completed his doctoral and post-doctoral studies in physics in the US. He had earlier worked for Mercedes-Benz India in the early 80s, before re-joining it in 2005 as its chief.
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