Supervisory Board of MLP AG extends contract of CFO Reinhard Loose

Wiesloch, 21st March 2013 – The Supervisory Board of MLP AG today unanimously extended the existing service contract of Reinhard Loose, which expires on 31st January 2014, by five years to 2019. Within the company, the 48-year old CFO carries responsibility for the areas of controlling, accounting, risk management, IT and purchasing, accounts and securities transactions as well as credit.

Before joining MLP in 2011, Reinhard Loose carried overall responsibility for all the finance, leasing and insurance companies of Daimler Financial Services AG as well as of Mercedes Benz Bank AG in Spain. Prior to this, he was a member of the Board of Mercedes Benz Bank AG, Stuttgart and Chief Operating Officer Europe (COO) of the former DaimlerChrysler Financial Services AG. After gaining a degree in business administration Reinhard Loose began his career in risk controlling at Deutsche Bank before becoming Chief Financial Officer at ALD AutoLeasing D, in Hamburg.

A portrait photograph of Reinhard Loose is available from our media library.

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