FARMINGTON HILLS, Mich. — Less than three weeks after losing its 14-year CEO to FordDirect, RouteOne announced today that its board of directors has selected Justin Oesterle as the company’s new CEO. Oesterle will also serve as chairman and CEO of RouteOne Canada.

Like his predecessor Mike Jurecki, who departed the company on May 16 and will officially become FordDirect’s CEO this Monday, Oesterle has been with the organization since its inception in 2002. He has held numerous executive leadership positions in the company, including CIO, vice president of sales, marketing, and strategic alliances, as well as vice president of operations and program management.

“As a familiar face in the RouteOne family, Oesterle will continue to execute the company’s focused mission of providing systems and services of choice to dealers and finance sources in the vehicle financing industry,” RouteOne stated in its press release. “Mr. Oesterle is well positioned in his ability to execute the RouteOne vision and strategy.”

Formed by Ally Financial, Ford Motor Credit, TD Auto Finance and Toyota Financial Services, RouteOne’s network has grown to more than 1,300 finance sources and 125 dealer service provider integrations since the company’s inception. Last year, the company reached two million processed econtracts and is pushing toward 2.5 million this year under Oesterle’s leadership.

Prior to joining RouteOne, Oesterle served as a senior manager at Deloitte Consulting, where he focused on captive finance organizations.

“I am pleased to take on the CEO responsibilities with which our board of directors has entrusted me. RouteOne is very fortunate to be on excellent strategic and operational footing thanks to Mike Jurecki’s leadership, an outstanding team of leaders, and the support of our owners. I look forward to continuing RouteOne’s service to our customers and meeting their needs as the marketplace rapidly evolves.”