The Torc Board of Administrators is welcoming a brand new member.
Daimler Truck CEO Karin Rådström has joined the Torc Board of Administrators as of January 1, 2025. She joins John O’Leary, President and CEO of Daimler Truck North America; Stefan Kürschner, CFO at Daimler Truck North America; and Peter Vaughan Schmidt, Torc’s CEO. Rådström succeeded former CEO Martin Daum on October 1, 2025. Daum stepped down from the Torc Board upon his retirement, efficient December 31, 2024.
“I’m excited to affix the Torc Board of Administrators,” stated Rådström. “Because the driverless closed course product launch final yr, the corporate has been making progress in commercialization planning and hub logistics. I sit up for the work forward of us.”
“Karin Rådström brings a brand new perspective to the Torc Board and will likely be instrumental in serving to information us towards our business launch in 2027. I’m honored and very happy she’s keen to function a Torc Board member,” stated Peter Vaughan Schmidt upon Rådström’s appointment.
Karin Rådström joined Daimler Truck’s Board of Administration in 2021, accountable for Mercedes-Benz Vehicles and the areas Europe and Latin America. Earlier than becoming a member of Daimler Truck, she has held a number of Administration positions at Scania, together with Senior Vice President, Head of Buses & Coaches. Since October 2024, she is Chairwoman of the Board of Administration of Daimler Truck Holding AG and Daimler Truck AG.
