Managing the Financial Side of Commercial Fleets

Pipenhagen Joins Hyundai Motor America

April 19, 2010

FOUNTAIN VALLEY, CA - Richard Pipenhagen has joined Hyundai Motor America as corporate sales manager, responsible for developing and implementing Hyundai's first commercial/corporate fleet group.

Previously, Pipenhagen was national manager of Toyota Financial Services' Sales and Marketing Commercial Finance Division, where he was responsible for sales and marketing groups of more than 20 individuals, generating annual sales in excess of $300 million.

From 2003-2006, Pipenhagen was employed at PHH Corporation as the regional vice president of the Western Region. In this position, he was responsible for growing and maintaining a portfolio of 400 high profile western-U.S.-based accounts, in addition to selling new business in the western states.

Pipenhagen also served as corporate vice president of sales, U.S. Corporate Fleet, for LeasePlan USA, Inc., where he managed eight regional sales offices throughout the U.S.

Pipenhagen attended the University of Oregon and Drake University in Des Moines, Iowa.

He resides with his wife in Temecula, Calif., and has three children.


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