Daimler Financial Services Strengthens Leadership Bench: Benedikt Schell appointed Chief Experience Officer (CXO) and member of Board of Management, Jörg Lamparter appointed Head of Mobility Services

• Chief Experience Officer (CXO) has responsibility for global customer and digital strategy and business model transformation
• Jörg Lamparter (moovel Group CEO) appointed Head of Mobility Services
• Klaus Entenmann, CEO of Daimler Financial Services AG: "With the Benedikt Schell and Jörg Lamparter appointments, we are strategically aligning core focus areas for the future. Thanks to his experience, most recently as Sales and Marketing Director at Mercedes-Benz Bank in Germany, Benedikt brings a wealth of knowledge to the CXO role. And, under Jörg, we will continue to expand our mobility services strategy. As current CEO of moovel Group, his depth of business experience will be an asset to the role."

With the appointment of Benedikt Schell as Chief Experience Officer (CXO), Daimler Financial Services AG is expanding its Board of Management by one new business field. In his role as CXO, Schell will assume immediate responsibility for expanding the digital business models of the financial and mobility service provider Daimler Financial Services, as well as for its global customer and digital strategy. The range of services offered by Daimler AG's financial division extends from financing, leasing and insurance to digital mobility services, including car-sharing and ride-hailing.

"Today, we offer a range of financial and products and mobility services. In the future, we want to create mobility experiences that fit consumers' business and personal needs at any stage of their lives," said Benedikt Schell.

"In other words, our aim is to enable our private and business customers to take advantage of our full suite of services, including those from Daimler Commercial Vehicles and Mercedes-Benz Passenger Cars, easily, securely, intuitively and from any location. By digitizing our financing and mobility services, we can transform our business processes to meet the needs of current and future customers. "

Jörg Lamparter: Head of Mobility Services

Jörg Lamparter, CEO of the moovel Group, recently assumed responsibility for all mobility services within Daimler Financial Services. This includes overseeing the brands car2go, moovel, and mytaxi, along with managing the company's partnerships with Blacklane and FlixBus.

"With close to 15 million customers globally, Daimler Financial Services is one of the world's leading mobility providers. In the future, we will continue to gear our mobility services entirely towards the needs of our customers, while intensifying our cooperation with government authorities to support ever-changing urban mobility demands," stated Jörg Lamparter.

Klaus Entenmann: Strengthen leadership bench for future growth

In close coordination with Jörg Lamparter, Benedikt Schell, CXO at Daimler Financial Services, will oversee the expansion of digital services in financing and mobility. Both positions, Benedikt Schell as CXO (Chief Experience Officer) and Jörg Lamparter as Head of Mobility Services, are effective August 1, 2017 and will report directly to Klaus Entenmann, CEO of Daimler Financial Services AG.

Daimler Financial Services has experienced strong business results the first half of 2017. EBIT exceeded one billion euros (+15%) for the first time in company history, while new business increased by 19% to approximately 35 billion euros.

"We expect 2017 to be another record year," stated Klaus Entenmann. "The organizational changes we have made, with the appointment of the new CXO and the bundling of our mobility services, will help us to further strengthen our position and continue to delight our customers in the future."

More information is available at
https://www.daimler-financialservices.com/en/q2-numbers/.

More information about Daimler is available online at: www.media.daimler.com and www.daimler-financialservices.com

Daimler at a Glance
Daimler AG is one of the world's most successful automotive companies. With its divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services, the Daimler Group is one of the biggest producers of premium cars and the world's biggest manufacturer of commercial vehicles with a global reach. Daimler Financial Services provides financing, leasing, fleet management, insurance, financial investments, credit cards, and innovative mobility services. The company's founders, Gottlieb Daimler and Carl Benz, made history with the invention of the automobile in the year 1886. As a pioneer of automotive engineering, it is a motivation and commitment of Daimler to shape safely and sustainably the future of mobility: The Group's focus is on innovative and green technologies as well as on safe and superior automobiles that appeal and fascinate. Daimler consequently invests in the development of efficient drive trains with the long-term goal of locally emission-free driving: from high-tech combustion engines about hybrid vehicles to electric drive trains powered by battery or fuel cell. Furthermore, the company follows a consistent path towards intelligent connectivity of its vehicles, autonomous driving and new mobility concepts. This is just one example of how Daimler willingly accepts the challenge of meeting its responsibility towards society and the environment. Daimler sells its vehicles and services in nearly all the countries of the world and has production facilities in Europe, North and South America, Asia, and Africa. Its current brand portfolio includes, in addition to the world's most valuable premium automotive brand, Mercedes-Benz (Source: Interbrand-Study „The Anatomy of Growth", 10/5/2016), as well as Mercedes-AMG, Mercedes-Maybach and Mercedes me, the brands smart, EQ, Freightliner, Western Star, BharatBenz, FUSO, Setra and Thomas Built Buses, and Daimler Financial Services' brands: Mercedes-Benz Bank, Mercedes-Benz Financial Services, Daimler Truck Financial, moovel, car2go and mytaxi. The company is listed on the stock exchanges of Frankfurt and Stuttgart (stock exchange symbol DAI). In 2016, the Group sold around 3 million vehicles and employed a workforce of more than 282,000 people; revenue totaled €153.3 billion and EBIT amounted to €12.9 billion.

SOURCE Daimler Financial Services

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