Knorr-Bremse, the parent company of New York Air Brake, has appointed Marc Llistosella as CEO for a period of three years from January 1, 2023.
Llistosella is a former CEO of Mitsubishi Fuso Truck and Bus Corporation, CEO of Daimler India Commercial Vehicles and head of Daimler Trucks Asia.
Since 2018, Llistosella has been active in investor and start-up founder roles, notably at Vaionic, a company specializing in the development of electric drive systems, and Einride, a Swedish company that develops electric and self-driving commercial vehicles. He is a member of the advisory or supervisory boards at both organizations, and the 55-year-old business graduate and economist will retain both of these positions.
“Knorr-Bremse is a fascinating company and a true icon of German industry,” Llitosella says . “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.”
“[Llistosella] is an impressive corporate leader with an excellent reputation and many years of management experience, especially in technology, operations, sales and strategy,” says Chairman of the Knorr-Bremse Supervisory Board, Dr. Reinhard Ploss.
“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.”
Ploss also thanked CFO Frank Weber, for his commitment as interim spokesman for the executive board. Weber has now taken on the role of executive board spokesman alongside his duties as CFO.