Prestige Financial names new president, and more staff moves

Auto Finance News presents industry staffing shuffles for the month of November. Prestige Financial's Hyde named president [caption id="attachment_80419" align="alignright" width="182"] Rich Hyde Photo/Larry H. Miller Group of Companies. [/caption] Richard Hyde has been named the new president for subprime lender Prestige Financial Services , a member of the Larry H. Miller Group of Companies . Hyde will oversee Prestige’s strategy development and operations, according to a company statement. Hyde, who joined Prestige in 2002, has served as chief operating officer since 2013 and has more than 25 years of financial leadership experience. His experience spans subprime auto, credit card, small dollar and mortgage finance. He also is a member of the American Financial Services Association Executive Board of Directors and Independent Auto Finance Board . “I look forward to leveraging my experience and capabilities in the financial industry to ensure long-term success for PFS, and to leading our strong team as we further define and execute our growth strategy,” Hyde said in a statement. Hyde replaces David Smith , who has served as interim president for the last year following the retirement of Bryant Henrie . Shift expands management team [caption id="attachment_80420" align="alignleft" width="138"] Blima Tuller [/caption] Shift , an ecommerce platform for used cars, has named Blima Tuller the company’s controller and senior vice president of accounting. Tuller will lead Shift’s accounting processes and “will be working to strengthen its public company capabilities,” according to a company statement. Tuller has more than two decades of leadership experience in accounting operations. She most recently served as chief accounting officer at Magnite , an ad tech company, and was chief financial officer at LBI Media , now known as Estrella Media . Shift also named Tim Brauer vice president of fixed operations to oversee the company’s regional automotive centers in processing and reconditioning vehicles. Brauer has led automotive operations for more than 15 years, and joined Shift after 15 years at CarMax , where he last served as regional SVP of service operations. “In the last year-plus, Shift has rounded out an incredibly well poised management team,” said Toby Russell , Shift’s co-founder and co-chief executive. “We are doubling down on this commitment to world class leadership by adding these executives to our finance and operations teams, both of whom come to us with extensive and valuable experience in their respective fields.” Garen to drive CDK Global's innovation [caption id="attachment_80421" align="alignright" width="202"] Kirsten Garen [/caption] Automotive fintech CDK Global has named Kirsten Garen its new chief information officer. In her role, she will be responsible for execution of IT strategy to “drive innovation and operational excellence” in support of the company’s customers, partners and employees, according to a company statement. “I’m delighted to join CDK. I see tremendous opportunity for enterprise collaboration to drive efficiency and scale that will allow us to grow and work with our clients to transform their businesses,” Garen said in the statement. Garen brings more than 30 years of experience to the role. Prior to joining CDK, she served as chief information officer of Delta Dental of California, and before that, CIO at Bank of the West . She has also held senior positions at Bankers Trust , Charles Schwab and Visa . ”Kirsten’s ability to align operational execution and technology transformation with business outcomes make her the perfect fit to accelerate our vision to modernize, transform and support a digital future for our customers and employees,” Mahesh Shah , executive vice president and chief product and technology officer, said in a CDK statement. Hyundai Motor's Chung succeeds father [caption id="attachment_80423" align="alignleft" width="180"] Euisun Chung [/caption] Euisun Chung , 49, has taken over for his father Mong-Koo Chung as chairman of Hyundai Motor Group , the company announced last month. Euisun Chung most recently served as the auto group’s executive vice chairman. He will lead Hyundai Motor in an era focused on “customers, humanity, future and social contribution,” according to a company statement. “All of our goals and efforts must be customer-centric. The first step to customer happiness is to enable them to focus on their own lives through perfect quality of our products and services,” the new chairman said. Euisun Chung will lead Hyundai’s focus on mobility solutions such as autonomous driving, electrification, hydrogen fuel cell and robotics, according to the company. Since joining Hyundai Motor in 1999, Euisun Chung has held multiple leadership roles with the group spanning from sales to business strategy. He was named president of Kia Motors Corporation in 2005 before moving up to vice chairman of Hyundai Motor Company in 2009 and executive vice chairman of Hyundai Motor Group in 2018. Mong-Koo Chung, 81, was named honorary chairman of the group. If you have a staffing shuffle to share, e-mail us at editorial@royalmedia.com.

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