Sounding frustrated with his career prospects, Andreas Renschler has quit as Mercedes-Benz's global production chief and could be headed to Volkswagen Group to head the truck business.
Renschler, 55, burst on the scene almost 20 years ago as a lanky, charismatic young German assigned to launch Mercedes' plant in Vance, Ala. He had been a contender to replace Daimler CEO Dieter Zetsche, 60, but apparently gave up hope. He told The Wall Street Journal he resigned because he would have to wait too long for a shot at becoming CEO.
A German newspaper, Stuttgarter Zeitung, said Renschler has received "an attractive job offer" from another German automaker and was likely to take charge of VW's trucks business.
Renschler, who had been with Daimler since 1988, told the Journal he left Daimler for "a lot of reasons." One is that other contenders for Zetsche's job "are all more or less the same age. If Dieter wants to work for six years, I would not be happy to do my job."
Renschler, who ran Daimler's truck business for several years, said, "there are a lot of truck manufacturers, a lot of passenger car manufacturers."