Marc Llistosella named President & CEO of Mitsubishi Fuso Truck & Bus Corporation

Logan Township, NJ — Mitsubishi Fuso Truck of America, Inc. (MFTA) has noted that there have been recent significant changes at its parent company in Japan. Effective April 1, 2015, Marc Llistosella has succeeded Dr. Albert Kirchmann as Head of Daimler Trucks Asia as well as President and CEO of Mitsubishi Fuso Truck & Bus Corporation (MFTBC), the parent company of MFTA.

Llistosella had been responsible for the market entry of Daimler Trucks in India, leading the setup of a greenfield organization, the construction of a production plant and the successful development of the new brand BharatBenz. In August 2014, he joined MFTBC as a Senior Vice President Sales, Marketing & Customer Care with responsibility for the entire MFTBC product portfolio. Llistosella joined Daimler (then known as Daimler-Benz AG) in 1994 and held various management positions in sales and strategy for the company.

Dr. Albert Kirchmann will remain with the company and has moved to become Chairman of DTA and MFTBC to further consult and support and represent Daimler on a political level in Japan.

Appreciating the role of Kirchmann, Todd Bloom, president & CEO of MFTA said “Dr. Albert Kirchmann was a strong leader who brought MFTBC successfully through the disruptions and perturbations caused by the 2011 earthquake and tsunami and has fostered a successful profitability strategy in his time at the helm of our parent, MFTBC. We wish him well, even as we look forward to the fresh, dynamic leadership from Marc Llistosella. He has already shown a keen insight into the specific challenges and opportunities of the North American medium-duty truck market, and has promised to continue providing the resources and strategic dedication required for us to grow our market share.”

In taking on the position, Llistosella noted, “I believe in the power of this organization and I am grateful that I have the honor to lead this team. And I must specifically thank my predecessor, Albert Kirchmann; I am taking over a financially healthy company with five years of continuous worldwide sales growth. We will all focus on continuing that upward trend while expanding our product portfolio.”