mytaxi announces new chief executive officer

Marc Berg will join as the new CEO of mytaxi, succeeding Andrew Pinnington with effect from April 16 this year.

mytaxi has seen tremendous growth over the past 18 months. In 2017 alone, mytaxi provided 75 million trips (+337%) and increased its active passengers to more than 11 million (+194%). During Pinnington's tenure, the company grew from a local player in Germany to the European leader in ride hailing services through strategic acquisitions and dynamic growth.

Pinnington decided to step down as CEO after successfully merging Hailo, Clever Taxi and Beat into the mytaxi business, while simultaneously scaling the existing operations. Pinnington will remain in the business to ensure a smooth transition to his successor, Marc Berg.

Berg is currently the CEO, DACH of Klarna Group the leading provider of secured online payment services in Europe. He has held this position since 2016 and during his tenure, the company has seen dynamic growth in the DACH (Germany, Austria, Switzerland) region for which he is responsible. He was also responsible for executing strategic acquisitions while successfully building out the DACH organization. In addition to his banking and e-commerce background, Berg has held various senior leadership positions in other digital and fast-growing companies.

Stephan Unger, Chairman of the Supervisory Board and Daimler Financial Services Board Member, said: "I am happy to have found an experienced strategist and digital executive in Marc. I am confident that Marc will further build on the enormous growth the company has seen over the past year and to further shape the organization to become a global player in the mobility space.

At the same time, I sincerely thank Andrew for growing mytaxi into Europe's largest ride hailing app and for his leadership as we merged several acquisitions into the mytaxi family. We respect Andrew's decision and are grateful for his ongoing support as the leadership transitions to Marc at this exciting stage of the company's development."

Including Beat and Clever Taxi, mytaxi currently operates in 70 cities in Europe and South America and has more than 120,000 registered drivers. In 2018, it is focused on continuing its growth strategy in relation to cities, customers and drivers. mytaxi is a part of Daimler Mobility Services which is strategically focused on dynamic growth and creating a customer-centric, broad mobility eco-system.