Auto Finance News is pleased to present staffing shuffles within the industry for September.
US Bank builds out team
U.S. Bank is expanding its leadership team, promoting two employees and adding a new member to the team, according to a company statement.
Greg Cunningham will be the bank’s new senior executive vice president, while continuing to serve as chief diversity officer, as company efforts to develop diversity, equity and inclusion practices. During his five-year tenure at the bank, Cunningham has also served as vice president of customer engagement. He will continue to report directly to Andy Cecere, chairman, president and chief executive at U.S. Bank.
Dominic Venturo will serve as senior executive vice president and chief digital officer, reporting to Chief Administrative Officer Kate Quinn. Venturo has 31 years of banking experience, 22 at U.S. Bank. In the position, he will lead the company through its digital growth, ensuring operations are up to date with online innovations.
Lastly, Elcio Barcelos is joining the bank as the senior executive vice president and chief resources officer, also reporting to Cecere. Barcelos, who will be responsible for overseeing human resources, has previously held positions at Fannie Mae, Wells Fargo and Bank of America.
Reid joins Market Scan
Automotive data provider Market Scan Information Systems is bringing on Jennifer Reid as the vice president of strategic partnerships. Reid will utilize her 20 years of experience to supervise growth strategies for the Atlanta-based company.
Reid joins Market Scan after seven years at Equifax as the vice president of strategy and marketing leader for automotive services. She has also spent extensive time at dealerships across the United States and Canada as well as six years at JPMorgan Chase.
JLR taps Thierry Bollore as CEO
Jaguar Land Rover has named Thierry Bollore as its new chief executive, according to a company statement. The former Groupe Renault CEO is expected to help steer the manufacturer out of a sales stagnation spurred by the COVID-19 pandemic.
The luxury car manufacturer had been struggling prior to the onslaught of the pandemic, according to the statement, with Brexit uncertainty, slipping China exports and stricter European emission standards. Jaguar hopes Bollore, despite pressure, will pull the company out of a slump in sales and into a successful second half of 2020.
Bollore previously held several executive positions at Renault, including chief operating officer and chief competitive officer. He also spent time at Michelin and parts maker Faurecia SA. Bollore will take over the role from Ralf Speth, who previously announced he would step down in September.
Boyle to lead Hyundai’s mobility strategy
Hyundai Motor America has named Olabisi Boyle as vice president of product planning and mobility strategy, according to a company statement. Boyle, who joined Hyundai on Aug. 10, will guide the strategic planning of Hyundai’s U.S. vehicle lineup as well as oversees market research, business analytics and pricing.
Boyle also leads Hyundai’s mobility strategy, which includes IT business solutions, connected car technology and future innovations. Before joining Hyundai, Boyle served as vice president of connected commerce for Visa. She has more than 20 years of experience in the automotive industry, having previously held roles at Fiat Chrysler Automobiles and Ford Motor Co. Boyle reports to Hyundai Motor North America Chief Executive Jose Munoz.
“Olabisi brings to Hyundai the perfect combination of automotive engineering and product planning experience with an in-depth understanding of the technologies that are going to drive the future of the automotive industry,” Munoz said.
In memoriam: Robert Griffin
The auto finance industry mourns the loss of longtime financial services expert Robert “Rob” Griffin. The former customer service manager for Chrysler Financial, who most recently served as vice president of indirect lending at Commerce Bank, passed away Aug. 2, after battling cancer. He was 49 years old. Griffin is survived by his wife of 24 years, Kelly, and their three daughters. Griffin gave more than 24 years to the financial industry, spending 12 years at Commerce.
Auto Finance Summit, the premier industry event, returns October 20-22, 2020, as a virtual experience. The virtual experience will offer the quality networking and education of past events, all through an online platform. To learn more about the 2020 event and register, visit www.AutoFinanceSummit.com.