Mitsubishi Fuso Names Dr. Michael Munz to Succeed Retiring CFO Mutsumi Miwa

2015.3.29
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Logan Township, NJ — Mitsubishi Fuso Truck of America, Inc. (MFTA), a subsidiary of Mitsubishi Fuso Truck & Bus Corp., an integral part of the Daimler group, has announced the appointment of Dr. Michael Munz to the position of chief financial officer (CFO). Dr. Munz will succeed Mutsumi Miwa, who is retiring March 31.

Dr. Munz comes to MFTA from Detroit Diesel Australia, where he has served as Head of Finance & Controlling, Legal & Compliance and HR & Administration since 2011. Prior to that, he served as Director and CFO of Mitsubishi Truck Europe. Prior to that, Dr. Munz held several managerial positions within Daimler Trucks. He holds degrees in Mechanical Engineering, Industrial Engineering, and a PhD in Engineering.

According to Todd Bloom, president and CEO of MFTA, “Dr. Munz has developed an extensive knowledge of finance and controlling over the years he has spent in leadership positions within the Daimler group. His financial expertise and the breadth of his experience will be instrumental in helping to guide MFTA’s long-term strategic growth.”

As CFO, Dr. Munz will be responsible for analyzing and reporting accurate financial information, overseeing the company’s capital structure, as well as forecasting the financial impacts of the company’s business decisions and developing economic strategy.

The outgoing CFO, Mr. Miwa, has a long history with MFTA. He first served MFTA as its Treasurer from April 1995 until September 1997, when he was promoted to CFO. Mr. Miwa held that position until his assignment here ended in 2000 and he returned to Japan. He returned to MFTA as its CFO again in 2013. From 2000 until his return, Mr. Miwa held a number of leadership posts in the financial offices of MFTA’s parent company, Mitsubishi Fuso Truck & Bus Corporation, Kawasaki, Japan.

As he accepted the new position, Dr. Munz noted, “I’d like to thank Mr. Miwa for his steadfast leadership as MFTA CFO. I wish him well in his retirement, just as I look forward to my new role.”

About Mitsubishi Fuso

Headquartered in Logan Township, NJ, Mitsubishi Fuso Truck of America, Inc. (MFTA) is a subsidiary of Mitsubishi Fuso Truck of America, Kawasaki, Japan, an integral part of the Daimler Trucks Division of Daimler AG. With a heritage of 30 years in North America, MFTA is focused on delivering trucks with the lowest cost-of-ownership in their class. Its Class 3-5 diesel-powered, medium-duty cabover trucks are available through more than 200 dealer locations throughout the United States, Canada, Puerto Rico and Guam. More than 100,000 Mitsubishi Fuso standard, 4-wheel-drive and crew cab trucks have been sold in North America to fulfill the transportation needs of a wide variety of businesses and industries, including beverage, catering, refrigerated and dry cargo delivery fleets, vehicle recovery, towing, pest control, plumbing, light construction and landscaping. For more information, visit www.mitfuso.com, follow FusoTruck on Twitter, or like FusoTruck on Facebook.

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For more information:

Bryan C. Allen
Marketing Manager
Mitsubishi Fuso Truck of America, Inc.
856-467-3965
MFTA_Marketing@daimler.com

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