April 19, 2024

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Mercedes-Benz Fiscal Expert services Canada Corporation appoints Brian Stevens as new President and CEO

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MISSISSAUGA, Ontario — Mercedes-Benz Fiscal Solutions Canada Corporation (MBFS), a primary automotive money providers service provider and a Mercedes-Benz Mobility AG (MBM) company, is pleased to announce the appointment of Brian Stevens as its new President and CEO as of the fourth quarter 2023.

In this function, he will lead the Canadian functions of MBM in succession of James Ryan, who was appointed CEO of Mercedes-Benz Monetary Services BeNeLux, main MBM operations in the Belgium, Netherlands and Luxembourg marketplaces, previous yr. Stevens will report right to Peter Henn, Head of Mercedes-Benz Mobility North The united states (MBM NA), and serve as a member of the MBM NA government management group.

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“Brian brings extra than a decade of encounter with the Canadian sector next his prosperous tenure as Main Money Officer of MBM NA. He has exemplified himself as a people-initial manager that provides the pretty best out of his teams. We are quite fortunate to have an expert chief to help our Canadian customers and sellers.” – Peter Henn, Head of Mercedes-Benz Mobility North The us

Stevens joined the Chrysler Group in 1996 as a Economical Analyst, Intercontinental Operations. Given that then, he has held many positions of expanding obligation in the Mercedes-Benz Group, together with Software Manager – Structured Finance Assistant Controller Director of Finance and Managing – Europe, Africa and Asia Pacific and most recently, considering the fact that 2009, Chief Fiscal Officer (CFO) of Mercedes-Benz Economic Products and services United states LLC, as very well as CFO of MBM NA. In advance of joining the Mercedes-Benz Group, he labored for Ernst & Younger, LLP.

“I’m honored and grateful to have the possibility to support our sellers and consumers across Canada. Together with our stellar team right here at MBFS, we will provide even better aim on people to our business, particularly with purchaser-centric alternatives that supply a seamless, effortless practical experience at every single touchpoint.” – Brian Stevens, President and CEO, Mercedes-Benz Financial Services Canada Corporation

Stevens, a registered CPA, has a master’s diploma in Finance from Duke College and a bachelor’s diploma in Accounting from Grand Valley Point out College.

Mercedes-Benz Monetary Expert services Canada at a glance:

Mercedes-Benz Fiscal Companies Canada Company, situated in Mississauga, Ontario, supports the sales efforts of Mercedes-Benz passenger vehicles and vans in Canada by presenting leading fiscal expert services to retail consumers and the vendor community. The firm delivers lease and buy finance possibilities, as well as security products and solutions to shoppers who choose Mercedes-Benz automobiles in Canada. For additional information and facts, remember to visit: https://www.mercedes-benz.ca/en/economical-services

Mercedes-Benz Mobility at a look

With all over 10,000 personnel, Mercedes-Benz Mobility specialises in monetary and mobility solutions. The merchandise range from funding, leasing, car membership, rental and fleet management to coverage, ground breaking mobility expert services, electronic payment alternatives as well as merchandise and expert services about charging. Mercedes-Benz Mobility is a division of Mercedes-Benz Team AG, which also involves the car or truck company Mercedes-Benz AG, one particular of the greatest suppliers of quality and luxury passenger cars and trucks and vans. Mercedes-Benz Team AG is 1 of the most effective automotive businesses in the environment. As fiscal services company, Mercedes-Benz Mobility entities assist sales of the Mercedes-Benz Group’s automotive models around the world. In addition, Mercedes-Benz Mobility gives in depth solutions and solutions in the fields of charging at residence, at community and for business use scenarios. In Germany, Mercedes-Benz Financial institution is a single of the foremost automobile funding banking institutions. Adaptable mobility features these kinds of as Mercedes-Benz Hire or EQ subscription, permit an uncomplicated and versatile entry into e-mobility, complementing the assistance portfolio. With its subsidiary Athlon, Mercedes-Benz Mobility is present in Europe in operational fleet management and motor vehicle leasing and is liable for around 400,000 motor vehicles. In addition, Mercedes-Benz Mobility invests in the industry for city mobility expert services: The Totally free NOW Joint Enterprise is a pioneer of multimodal mobility with its electronic Mobility-as-a-Support platform. The Digital Charging Options GmbH (DCS), which is powering the Cost NOW Joint Enterprise, delivers collectively drivers of electric vehicles and charging station operators. The portfolio also features StarRides – a limousine transport service joint enterprise in China – and the participation in the Berlin chauffeur company Blacklane. In 2022, Mercedes-Benz Mobility financed or leased all-around each and every 2nd of the Mercedes-Benz Group’s vehicles offered all over the world. This corresponds to a contract quantity of 132.4 billion €. The organization segment created profits of 27. billion € in 2022 and obtained an EBIT adjusted of 2.4 billion €. Mercedes-Benz Mobility operates in 35 nations.

Look at supply model on businesswire.com: https://www.businesswire.com/news/household/20240304532618/en/

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Contacts

Melinda Mernovage, [email protected], 248-482-5493

Humza Ahmad, [email protected], 248-464-7168

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