Hills/Stuttgart - DaimlerChrysler AG announced effective immediately the
appointment of Michael Muehlbayer, Senior Vice President and Treasurer,
replacing Thomas P. Capo, who has announced his intent to leave the
company in order to pursue other interests. Muehlbayer reports to
Manfred Gentz, Chief Financial Officer DaimlerChrysler AG. Also, Timothy
P. Dykstra is appointed Vice President and Treasurer, North America,
reporting to Muehlbayer.
regret Tom Capo's decision to step down from his role as Global
Treasurer," said Gentz. "However, we are pleased to advance
both Michael and Tim. Michael brings a wealth of global experience to
this position and we are confident that his sophisticated financial
skills combined with his broad knowledge of the company make him an
ideal candidate. Tim's solid financial experience combined with his
insight into the needs of the capital markets make him, together with
Michael, an asset to us in dealing with Wall Street and the banking
assumes responsibility for DaimlerChrysler's global Treasury functions.
He most recently served as Vice President and Chief Financial Officer -
Chrysler Financial Company L.L.C., in Southfield, Michigan. Muehlbayer
joined DaimlerChrysler in 1985 as a finance manager.
will be responsible for Treasury activities pertaining to North America.
He most recently served as Director - Corporate Finance and Capital
Markets. Dykstra joined DaimlerChrysler in 1978 as a financial analyst
for Chrysler Financial Corporation.