DALLAS — EFG Companies has named Steve Roennau vice president of compliance, the company announced last week.

“Today’s dealers are facing a much greater level of compliance oversight, affecting everything from finance margins to advertising practices,” said John Pappanastos, president and CEO of EFG Companies. “Dealers need forward-thinking partners who can successfully navigate the myriad of changes on local, state and federal levels. With Steve leading our compliance initiative, we are in a strong position to stay ahead of upcoming changes and proactively prepare our clients.”

Roennau is a 30-year industry veteran who has worked in compliance consulting and training/operational development for Chrysler’s Five Star initiative, Chrysler Capital, Santander Consumer USA, Hyundai, General Motors, Ford, Mitsubishi, Volkswagen, and numerous dealer groups throughout the country. He is also a senior certified professional in financial services with the Association of Finance & Insruance Professionals.

“At EFG, we are committed to facilitating the highest levels of operational compliance for our dealer partners,” Roennau said. “Our very progressive work will provide our clients with a sophisticated analysis of their current compliance procedures, and prepare them for upcoming changes that will enhance customer service, compliance alignment and increased profitability.”