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Mercedes-Benz Picks Fulton to Head Captive

Auto Finance News

Mercedes-Benz USA named Brian Fulton vice president in charge of captive unit Mercedes-Benz Financial Services USA, effective Jan. 1, 2014. He will succeed Dietmar Exler, who was appointed vice president of sales at the OEM.

Fulton will oversee U.S. operations for MBFS and will report to Peter Zieringer, president and CEO of Daimler Financial Services for the Americas region. Fulton is currently president and CEO of Mercedes-Benz Auto Finance China, where he’s responsible for operations in China and Hong Kong. He worked for Ford Motor Credit and Toyota Motor Credit before joining MBFS Canada in 1994 as an assistant regional manager.

In his new post, Exler will oversee the manufacturer’s sales, volume planning, and distribution operations in the United States, reporting to Steve Cannon, president and CEO of MBUSA. Exler succeeds Michael Slagter, senior vice president of sales, who will retire Feb. 28, 2014.

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