Largest luxury car manufacturer Mercedes-Benz today announced Martin Schwenk will become new Managing Director and CEO of Mercedes-Benz India and Roland Folger will take over a new position in Thailand & Vietnam. He will succeed Roland Folger as Managing Director & CEO of Mercedes-Benz India effective from 1st November 2018.
Currently Martin Schwenk is Chief Financial Officer of Beijing Mercedes-Benz Sales Service Co. Ltd. in China.
According to press release Roland Folger, will be taking over the role of Managing Director, Sales and Marketing, Thailand and Vietnam, and will also be the CEO of Mercedes-Benz Thailand.
Based on his LinkedIn profile, Martin started his career at Daimler in 1992, and he moved to Mercedes-Benz in 2006 as Head- Finance and Controlling in several locations, including Germany, South Africa, Austria and United States. In September 2015, Martin joined the Mercedes-Benz Sales Organization in China as the Chief Financial Officer.