Tony Hejna, SunTrust Banks Inc.’s senior vice president of retail credit risk, left his position on June 15, Auto Finance News has learned. Hejna joined SunTrust in November 2015, accumulating eight months of service at the Atlanta-based lender, according to his LinkedIn profile. He held similar posts at First Niagara Bank and M&T Bank for five and seven years, respectively. Chuck Jones, SunTrust’s head of national indirect lending, declined comment on Hejna’s departure.
Tony previously spoke at the Auto Finance Risk & Compliance Summit in May, where he discussed the risks in extending auto loan terms — an increasing trend in the industry. “If you really need an extended term to qualify for a payment — as opposed to cash flow — that’s probably a customer that shouldn’t be in an 84-month loan, ” Hejna said at the time.