The Torc Board of Directors is welcoming a new member.
Daimler Truck CEO Karin Rådström has joined the Torc Board of Directors 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, effective December 31, 2024.
“I am excited to join the Torc Board of Directors,” said Rådström. “Since the driverless closed course product release last year, the company has been making progress in commercialization planning and hub logistics. I look forward to the work ahead of us.”
“Karin Rådström brings a new perspective to the Torc Board and will be instrumental in helping guide us toward our commercial launch in 2027. I am honored and very pleased she’s willing to serve as a Torc Board member,” said Peter Vaughan Schmidt upon Rådström’s appointment.
Karin Rådström joined Daimler Truck’s Board of Management in 2021, responsible for Mercedes-Benz Trucks and the regions Europe and Latin America. Before joining Daimler Truck, she has held several Management positions at Scania, including Senior Vice President, Head of Buses & Coaches. Since October 2024, she is Chairwoman of the Board of Management of Daimler Truck Holding AG and Daimler Truck AG.
