On the same day Santander announced the departures of President Jason Grubb and COO of Originations Brand Martin, Exeter Finance Corp. announced the appointment of the two auto finance veterans to CEO and COO, respectively.
Exeter Finance Corp. has appointed Brian Donohue to the position of executive vice president of analytics and marketing.
Exeter Finance Corp. named Martin Evans as its new executive vice president and chief human resources officer.
Exeter Finance Corp. has appointed financial industry veteran Paige H. Wisdom to CFO for the organization, effective June 8.
Mark Floyd will join Exeter's board of directors and will work with his replacement, Thomas Anderson, to ensure a smooth transition, the company said late yesterday.
Exeter announced this week the pricing of a $500 million securitization backed by auto loan receivables.
A wholly owned subsidiary of Exeter Finance has completed the renewal and extension of its warehouse funding facility, which was increased to $1.65 billion.
Exeter Finance Corp. announced that EFCAR LLC, a wholly owned subsidiary of Exeter, priced $500 million in aggregate principal amount Series 2014-2 automobile receivable backed notes, which will be issued in four separate tranches.
Steve Zemaitis has joined the company as executive vice president of strategy and planning. The auto finance company also announced the appointment of A.J. Wagner to its board of directors.
The finance source joins representatives from the White House, U.S. Military, Departments of Labor and Veterans Affairs, and Blackstone portfolio companies to advance hiring of veterans.
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