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Daimler Financial Services appoints Udo Neumann Global Chief Information Officer

FARMINGTON HILLS, Mich., Sept. 22, 2016 /PRNewswire/ -- Daimler Financial Services, the global financial and mobility services division of Daimler AG, today announced that Udo Neumann, Vice President and Chief Information Officer for Mercedes-Benz Financial Services USA, LLC has been appointed Global Chief Information Officer of Daimler Financial Services. In this role, Neumann is responsible for the company's information technology strategy worldwide. He will remain located in the U.S. to leverage fast-paced developments in the technology and startup sectors on a global scale.

Udo Neumann, CIO - Daimler Financial Services

"With Udo's exceptional record of success and leadership in the IT space, I am confident he will continue to build and expand our global digital transformation strategy, said Kaus Entenmann, Chairman of the Board of Daimler Financial Services. "By positioning this critical leadership role in the U.S., we will further strengthen our connection to the disruptive trends and emerging technologies of the Silicon Valley innovation ecosystem, as well as the global overall tech industry, to bring the digital solutions to market that meet the evolving needs of our business, our customers and our dealers."

Neumann has more than 18 years of experience in the financial services and automotive sectors. He has worked in the European, North and South American and Asia Pacific markets to successfully design and build cost-effective, high-performing technology solutions that improved the company's operations and supported global business strategies.

Most recently, this included overseeing a strategic enterprise-wide initiative in the U.S. and Canada that delivered an innovative technology solution to replace the company's core contract management systems and establish the foundation for future digital expansion.

His notable accomplishments also include fully developing an online banking system for Mercedes-Benz Bank in Germany, as well as integrating the company's financial services and sales IT organizations to build synergies and improve efficiency.

Udo Neumann was born in Schorndorf, Germany. He holds a master's degree in Technical Computer Science from the University of Applied Sciences in Ulm, Germany.

About Daimler Financial Services
Daimler Financial Services is the Daimler Group's global provider of financial services and offers a variety of innovative mobility services. It is the world's leading provider of free-floating car sharing with its car2go brand. Most recently, it was announced that mytaxi will merge with the UK-based provider Hailo to become the leading taxi app in Europe, after the regulatory approvals. Daimler Financial Services develops intermodal mobility solutions for cities with its brand moovel. Mobility services, such as these, provide a foundation for the future of autonomous driving.

Further information from Daimler is available 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, Daimler continues to shape the future of mobility today: The Group's focus is on innovative and green technologies as well as on safe and superior automobiles that appeal to and fascinate. Daimler consequently invests in the development of alternative drive trains with the long-term goal of emission-free driving: from hybrid vehicles to electric vehicles powered by battery or fuel cell. Furthermore, the company follows a consistent path towards accident-free driving and intelligent connectivity all the way to autonomous driving. 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, as well as Mercedes-AMG, Mercedes-Maybach and Mercedes me, the brands smart, Freightliner, Western Star, BharatBenz, FUSO, Setra and Thomas Built Buses, and Daimler Financial Services' brands: Mercedes-Benz Bank, Mercedes-Benz Financial, Daimler Truck Financial, moovel, car2go and mytaxi. The company is listed on the stock exchanges of Frankfurt and Stuttgart (stock exchange symbol DAI). In 2015, the Group sold around 2.9 million vehicles and employed a workforce of 284,015 people; revenue totalled €149.5 billion and EBIT amounted to €13.2 billion.

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SOURCE Daimler Financial Services

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