Rotation at Daimler Financial Services

Franz Reiner, BoM member responsible for the European region, succeeds Klaus Entenmann as Chairman of Daimler Financial Services AG.

Klaus Entenmann will step down from his position as CEO of Daimler Financial Services AG in May 2019 after nine years of heading the company. With Entenmann, Daimler Financial Services has experienced the most successful financial years in its history to date. This move allows a smooth transition as the planned renaming of the company from Daimler Financial Services AG into the Daimler Mobility AG will take place in July 2019.

The new Management Team

Franz Reiner, currently BoM member responsible for Europe, will become Chairman of Daimler Financial Services AG and report into Bodo Uebber. He is currently also responsible as CEO for the Mercedes-Benz Bank AG and for the Athlon business. Since joining the company in 1992, Reiner has held various positions in Europe and North America in operations, sales and marketing. In 2009, he was appointed to the Board of Management of Daimler Financial Services AG responsible for the Americas region before taking on his current responsibility in 2011.

Peter Zieringer, currently BoM member responsible for the Americas region will succeed Franz Reiner as BoM member responsible for Europe - including the German market. He joined the company in 1993 and played an integral role in setting up the company’s operations in Asia. Since 2005 he led the Mercedes-Benz Bank and in 2011 became the BoM member responsible for the Americas region, which has experienced enormous growth over the last years.

Peter Henn, currently BoM member responsible for the Africa & Asia Pacific region, will succeed Peter Zieringer as BoM member for the Americas region. Henn joined the Daimler Group in 2007 as Head of Corporate Audit and Corporate Governance. In 2010, he was named Chief Audit Executive of Daimler. Since 2014, he has been BoM member for the region Africa & Asia Pacific. In this role, he is responsible for eleven dynamic markets in one of the fastest-growing regions.

Yvonne Rosslenbroich, currently BoM member for Human Resources and Labor Relations Director, will be promoted to BoM member for the Africa & Asia Pacific region succeeding Peter Henn. In her current role she has been responsible for the global HR strategy for 40 countries with about 14,000 employees since 2015. Prior to this position, she led several markets as both Managing Director and Chief Financial Officer.

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