Auto Finance News presents industry staffing shuffles for the month of December.
CFPB’S new heads: Operations, information, research
The Consumer Financial Protection Bureau has brought in new faces for five leadership positions, according to a statement.
The Bureau named Donna Roy its chief operating officer. Roy formerly served as CFPB’s chief information officer. Prior to her new role, Roy held several positions with the U.S. Department of Homeland Security.
Matthew Bettenhausen, a former U.S. attorney, was named the senior advisor and counselor to the director of the Bureau. Prior to joining the CFPB, Bettenhausen served with the Department of Justice in the Northern District of Illinois.
Former Federal Trade Commission Assistant Director for Consumer Protection Janis Pappalardo is the Bureau’s new associate director for research. Chris Chilbert is the new chief information officer in the Bureau’s operations division. Chilbert most recently served as the U.S. Department of Health and Human Services’ assistant inspector general for information technology.
Meanwhile, Deborah Royster will help lead the CFPB’s Office for Older Americans, having previously served as chief executive of the Washington, D.C.-based nonprofit Seabury Resources for Aging.
Tricolor Auto eyes expansion with new leaders
Subprime lender Tricolor Auto Acceptance has filled several leadership positions as it looks to expand its lending platform. The Dallas-based company named Nick Brown the new chief risk officer, Albert Hoover the chief corporate development and legal officer, and Troy Sterk the chief supply chain officer, according to a company release.
Brown has held various leadership roles in risk management, most recently serving for five years as chief risk officer at OnDeck Capital. Hoover served for more than 10 years with AT&T, where he provided strategic planning, legal advisory and technology services. Sterk comes to Tricolor with 20 years of leadership experience in the semiconductor industry.
Tricolor also recently named Jennifer Lee the new chief product and strategy officer, and Stacie Trier the company’s chief compliance officer.
Tricolor uses data analytics and artificial intelligence to lend to thin- and no-file Hispanic consumers who may not qualify for credit through traditional lenders.
“The shared vision and tremendous horsepower of our senior leadership will help us realize our goal of national expansion so that Tricolor can provide a path to the American Dream for hardworking, underserved customers everywhere,” said Chief Executive Daniel Chu.
Hahn tackles CDK Global’s technology risk
CDK Global has named David Hahn as the new chief information security officer for the automotive tech company. Hahn will lead CDK’s global strategy for information security across the company’s IT, research and development, and product engineering departments, according to a company release.
An information security veteran, Hahn most recently served as chief security officer for Silicon Valley Bank after holding leadership positions at Hearst and Intuit. His experience spans physical and information security, and business continuity.
Hahn is responsible for leading CDK’s strategy for protecting its technology from cybersecurity threats. “David’s diverse experience across information security — including fraud, identity, monitoring, application security and cloud enablement — helps us further ensure a safe, reliable network and suite of products for our customers, while protecting our organization,” said CDK Global Executive Vice President Mahesh Shah.
Deering to take over Ford Motor marketing
Ford Motor Co. has named Suzy Deering the company’s new global chief marketing officer, effective Jan. 4. Deering is coming to Ford to “help execute its plan to unlock customer and company value,” according to a company statement.
Deering is being challenged to modernize Ford’s marketing, develop talent and drive the brand’s strategy. She will report to Kumar Galhotra, president of Ford Americas and the company’s International Markets Group.
“We’re putting more decision-making in the hands of our people who are closest to customers. That makes marketing more important than ever and Suzy’s world-class background will be vital to modernizing our approach, dialing-up our understanding of customer ambitions and redefining our brands to help us grow,” Galhotra said.
Prior to joining Ford, Deering served for more than five years as chief marketing officer at eBay. She succeeds former Ford marketing officer Joy Falotico, who will continue as president of Ford’s Lincoln Motor Company. In addition, Linda Cash will retire Jan. 1, after 36 years with Ford, during which she most recently served as vice president of quality and the New Model Launch Program.
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