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Chrysler LLC

Chrysler LLC Announces New Head of Russia Operations

Auburn Hills, Michigan (ots/PRNewswire)

    -- Newly created position supports growth strategy in the Russian market
    -- Russia is one of the fastest growing markets for Chrysler with 62
       percent growth year-to-date
    -- Long-time Chrysler management team member, John Stech, named CEO of
       Russia Operations
With a new operation established in Russia, Chrysler LLC
management has appointed John Stech as the Head of Chrysler Russia
LLC. In this newly created role, Stech will be responsible for all
operational activities in the market, and will report directly to Jon
Holcomb, Director - Chrysler Group Africa, Asia, Middle East and
Central/Eastern Europe. In his new assignment, Stech will manage
Chrysler LLC sales / marketing, aftersales and finance.
"John's appointment is another example of the Company's strategy
to bring experienced talent to key areas of the business, as we have
been doing across the Company," said Thomas Hausch - Vice President
of International Sales. "John brings a wealth of knowledge from his
previous sales experience in Germany and the U.S., and more recently
as head of our operations in Egypt."
Hausch said Russia is a key growth market as Chrysler strives to
increase its sales outside North America. At the end of August 2007,
sales in the Russian market had nearly exceeded the total calendar
year sales for all of 2006 (4,665 units), and were up 62 percent
year-to-date. The Company has an aggressive plan in place for the
next four months, and sees opportunity for significant growth. It is
laying the groundwork for a solid management team to support these
initiatives.
"Chrysler sales have seen strong growth in Russia over the last
few years, with 2006 sales more than doubling those of 2005," said
Joachim Schmidt, Vice President of DaimlerChrysler Africa, Asia,
Middle East & Central/Eastern Europe. "We expect this positive trend
to continue, and John will bring considerable experience and
leadership to an already existing, dedicated team. Together, we are
confident that they will build a solid future for Chrysler in
Russia."
Currently, Stech is the CEO of DaimlerChrysler Egypt responsible
for the sales, marketing and aftersales of Chrysler, Jeep, Dodge and
Mercedes-Benz Passenger Car brands. He also sits on the board of the
Arab American Vehicles CKD production facility. Prior to the
assignment in Egypt which began in 2006, Stech held a number of
senior management positions with Chrysler Group in Auburn Hills,
Michigan as well as Mercedes-Benz, which he joined in 1996.
Stech holds a bachelor's degree in Chemistry and German from
Bucknell University and an M.B.A. from the University of New
Hampshire. He will begin his new role full time on November 1, 2007.
Web site: http://media.chrysler.com
              http://www.chrysler.com

Contact:

Yvonne Malmgren, Chrysler LLC, +1-248-512-1783 (office),
+1-248-761-2776 (cell), ym32@chrysler.com; Daria Fomina, Chrysler
Russia LLC, +7-495-745-26-10 (office), +7-916-390-91-73 (cell),
Daria.Fomina@daimlerchrysler.com ; NOTE TO EDITORS: Additional
information and news from Chrysler LLC is available at:
http://www.media.chrysler.com

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