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The Head of Daimler's Treasury Retires After 28 Years

Michael Muhlbayer, Head of Investor Relations and Treasury of Daimler AG. 1 photo
Photo: Daimler AG
It seems that Daimler AG is one of the very few companies out there where you can work almost your entire life, starting from being a teacher and over the years becoming the head of treasury.
That's pretty much what happened with now-retiring Michael Mühlbayer, soon to be ex-Head of Investor Relations and Treasury at Daimler AG.

Mühlbayer will go into retirement at the end of November after staying for no less than 28 years with the German car giant, the last eight of which having had the aforementioned job.

“In the last eight years, Dr. Michael Mühlbayer has represented and personified Daimler on the capital market. Under his management, the financing of the company was optimized, diversified and excellently positioned, thus enabling us to master some very volatile times with flying colors. With Björn Scheib and Kurt Schäfer, we are glad to have two experienced successors from our own ranks, who can continue this work and develop it further with excellence.” said Bodo Uebber, member of the Board of Management at Daimler AG, responsible for Finance and Controlling, the Daimler Financial Services Division and Mergers & Acquisitions.

It was under Dr. Mühlbayer's management that Daimler AG secured a credit line of EUR 9 billion a few months ago, one of the largest loans in the world outside of company takeovers.
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About the author: Alex Oagana
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Alex handled his first real steering wheel at the age of five (on a field) and started practicing "Scandinavian Flicks" at 14 (on non-public gravel roads). Following his time at the University of Journalism, he landed his first real job at the local franchise of Top Gear magazine a few years before Mircea (Panait). Not long after, Alex entered the New Media realm with the autoevolution.com project.
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