Mercedes-AMG poaches new CEO from Volkswagen

Mercedes-AMG, the high-performance, sports car part of Mercedes-Benz, has named Stefan Weckbach arsenic its adjacent CEO.

The assignment is effectual from 1 July 2026.

Weckbach, who antecedently held elder roles astatine Porsche and has extended acquisition successful electrical conveyance projects, volition besides presume the relation of president of the Management Board of Mercedes-AMG.

In summation to starring the show brand, helium volition besides instrumentality complaint of the Top End Vehicle Group, which covers the Maybach and G-Class merchandise lines.

Weckbach volition win Michael Schiebe, who is moving to a caller presumption arsenic Member of the Board of Management for Production, Quality & Supply Chain Management.

Mercedes-Benz Group Development and Procurement main exertion serviceman Jörg Burzer said: “By appointing Stefan Weckbach, we summation an outstanding enactment property for Mercedes-AMG.

“He combines heavy merchandise cognition with beardown strategical capabilities and brings exceptionally wide acquisition successful processing and shaping the show and luxury segments.”

Weckbach is presently liable for Group Strategy, Group Product Strategy and the wide secretariat astatine Volkswagen. He became portion of the institution successful 2023.

Prior to that, helium held a bid of elder posts astatine Porsche, including successful merchandise strategy, exemplary enactment absorption and conception conveyance development.

Burzer said: “He has consistently demonstrated his quality to beforehand firm and merchandise projects with easiness arsenic good arsenic driving guardant analyzable conveyance programmes.

“This operation makes him the perfect prime to make the Mercedes-AMG, Mercedes-Maybach, and the G-Class merchandise division.”

Until Weckbach takes up the position, Mercedes-AMG volition proceed to beryllium led connected an interim ground by Schiebe.

In October, Mercedes‑Benz Group reported a diminution successful show for the 3rd 4th of 2025. Group gross fell 7% to €32.14bn ($37.37bn), portion net earlier involvement and taxation (EBIT) declined 70% to €750m, reflecting reduced gross profitability and important peculiar charges.

Adjusted EBIT, which excludes legal, restructuring and M&A effects, decreased 17% to €2.09bn. Net nett was down 31% to €1.19bn, equating to net per stock of €1.22, a 33% drop.

"Mercedes-AMG poaches caller CEO from Volkswagen" was primitively created and published by Just Auto, a GlobalData owned brand.

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