Knorr-Bremse AG announces new CEO

Braking specialist, Knorr-Bremse AG, has announced the appointment of its new CEO, Marc Llistosella, who will take up his new role on 1 January 2023.

Most recently, Llistosella was active in investor and start-up founder roles at Vaionic and Einride, and up until 2018, he was the CEO of Mitsubishi Fuso Truck and Bus Corporation and Head of Daimler Truck Asia.

Before these positions, he led the Daimler India Commercial Vehicles subsidiary for multiple years as CEO, which saw him oversee the launch of Daimler’s commercial vehicles in the Indian market.

Knorr-Bremse AG Supervisory Board Chairman, Dr Reinhard Ploss, was pleased to welcome the experienced top level manager.

“I am extremely delighted that we have been able to gain Marc Llistosella as the new Chief Executive Officer of Knorr-Bremse,” he said.

“He is an impressive corporate leader with an excellent reputation and many years of management experience, especially in technology, operations, sales, and strategy.

“I am firmly convinced that he will return Knorr-Bremse to its former strength with his international background in the capital goods sector, his extensive experience in top-level management, especially in Asia, his ability to see things through, and his soft skills.”

Llistosella said Knorr-Bremse is a fascinating company and a true icon of German industry.

“It has stood for safe transportation for over 115 years and, as a global market leader, it drives innovation for sustainable, safety-critical system solutions,” he said.

“Together with its employees and the Executive Board team, and in close communication with the Supervisory Board, we will build further on the enormous potential of this company.”

In other news, German supply chain management company, Deutsche Post DHL Group, has released preliminary results for the third quarter of 2022.

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