Fort Worth, Texas — Mercedes-Benz Financial Services USA LLC, a leading automotive financial services provider, is pleased to announce the appointment of Mark Lovely as its new Vice President of Sales and Operations, effective immediately.
In his new role, Lovely is responsible for leading field sales and retail credit operations throughout the U.S., managing a team of more than 140 employees. With over 20 years of experience in management, Lovely has an established track record in driving sales results and providing innovative business solutions. Prior to this position, he served as President and CEO of Mercedes-Benz Financial Services BeNeLux (Belgium, Netherlands, Luxembourg).
Lovely succeeds Mark Ingram, who retired after working with Mercedes-Benz Financial Services for 36 years. Lovely reports to Geoff Robinson, Vice President of Mercedes-Benz Financial Services USA.
“I am pleased to welcome Mark to this vital role,” said Robinson. “Mark is a collaborative and proven leader whose industry expertise is unparalleled. Throughout his rich history with Daimler, in several markets across the globe, Mark has delivered results in multiple divisions, including retail, OEM, and financial services. He will serve as a key asset to our team as we strive to achieve our goals.”
After beginning his career in a Mercedes-Benz dealership, Lovely joined the Daimler organization in 1996 as a Regional Manager for Mercedes-Benz Financial Services UK Ltd. He has since held several management roles in dealer operations and commercial vehicle sales in different business units around the globe.
Besides his financial services roles, some of his notable assignments have included Dealer Operations Manager at Mercedes-Benz UK Ltd., where Lovely supported the dealers in his area through a strategic restructuring, and Managing Director of Mercedes-Benz Commercial Vehicle Sales Sweden/Denmark, where he successfully led the sales division for three years.
“I am humbled and eager to step into this key role and will continue to strengthen our working relationships with our dealer partners and customers,” Lovely said. “Our key goals are to maintain the team’s impressive sales position in passenger cars and bolster our position on the van side, all while delivering outstanding results to further drive the success of our organization.”
Mercedes-Benz Financial Services USA LLC, headquartered in Farmington Hills, Michigan, with a Business Center in Fort Worth, Texas, provides brand-specific financial products and services for Mercedes-Benz and smart automotive dealers and their retail customers. In the U.S. trucking industry, it conducts business as Daimler Truck Financial and provides flexible financial products and services for Daimler Trucks North America commercial vehicles branded Freightliner, Western Star and Thomas Built as well as Mitsubishi Fuso Truck of America, Inc. It is a company of the Daimler Financial Services Group, headquartered in Stuttgart, Germany, which is one of the leading financial services organizations worldwide and was ranked in the top 10 on the list of the World’s Best Multinational Workplaces by the Great Place To Work Institute in 2016 and 2018. Mercedes-Benz Financial Services USA LLC was also named one of the 100 Best Workplaces for Millennials in 2015 and 2016, and one of the 100 Best Workplaces for Women in 2016 by Great Place to Work and Fortune.com. For more information, please visit www.corp.mbfs.com or www.facebook.com/mymbfs.