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DaimlerChrysler Services North America Names Eckart Klumpp New Vice President of Remarketing

May 29, 2003

DaimlerChrysler Services North America LLCannounced May 29 it has appointed Eckart Klumpp, vice president,remarketing, replacing Kelly Mankin.In his new position, Klumpp will direct more than 300 people involved inremarketing process disciplines, including pre-termination andpost-termination remarketing, Internet and dealer purchase programs andgeneral support staff.Klumpp, who has thirteen years of experience in DaimlerChrysler AG'scorporate auditing department, has most recently been senior manager, Global Sales and Marketing on the Financial Services Audit Team. Klumppassumes responsibility for managing the remarketing operations in the U.S.for the Mercedes-Benz Credit and Chrysler Financial brands."We believe that our remarketing process is the industry benchmark andMankin has significantly contributed to its success," said Mark Manzo, vicepresident, Customer Service. "While we will miss Kelly's leadership andstrategic direction, however, we can look forward to Eckart's broadexperience that dates back to the beginning of the remarketing processcreated at Mercedes-Benz Credit."Mankin assumes the role of chief operating officer at RouteOne, a jointventure with DaimlerChrysler Services, Ford Motor Credit Company, GeneralMotors Acceptance and Toyota Financial Services Corporation. In this role,Mankin is responsible for managing all sales, marketing, communications andoperation related functions for RouteOne.
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