Mercedes tech chief Sajjad Khan quits to set up venture-capital fund

Mercedes parent Daimler said Khan had "decisively advanced digitization" at the brand and significantly shaped the product portfolio.

August 25, 2021 10:24 AM

BERLIN -- Mercedes-Benz's chief technology officer, Sajjad Khan, will leave the brand to set up a technology venture-capital fund, the company said in a statement.

Featured Stories

New Stellantis CEO Antonio Filosa faces series of hurdles

Filosa’s ability to honestly assess where Stellantis has erred in recent years could prove vital as he works to repair relationships with dealers, suppliers and employees.

New Stellantis CEO Antonio Filosa faces series of hurdles

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal

Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output

Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output

Finance Insurance

FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

Latest News

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal

Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output

Live updates on tariffs: Court rulings sow tariff confusion

Daily 5 report for May 30: A look at some Ford family dynamics

Staying current is easy with newsletters delivered straight to your inbox.

See More in Executives

Daily 5 report for May 28: Stellantis, Nissan, Volvo make the safe picks for CEO

Richard Boch, co-founder of dealership group in New England, dies at 95

Team Penske fires senior leadership in wake of scandal

Ousted Reynolds and Reynolds CEO sues; Walsh assumes acting CEO role

Staying current is easy with newsletters delivered straight to your inbox.