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Industry veteran will lead core auto finance channel, alongside Shawn Allgood, who will continue to lead Chrysler Capital
DALLAS, Feb. 9, 2021 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC"), has named Bruce Jackson as Head of Santander Auto Finance, effective April 28, 2021. Mr. Jackson will join the SC leadership team and report directly to Mahesh Aditya, President and CEO of SC. Mr. Jackson will lead SC's core auto originations channel, serving alongside Shawn Allgood, who remains Head of Chrysler Capital and Auto Relationships. In order to provide exceptional service to our dealer network, Mr. Jackson and Mr. Allgood will manage sales, originations and funding operations for their respective lines of business.
"I am pleased to welcome Bruce to the SC management team," said Mahesh Aditya. "Bruce brings significant industry experience in auto lending, and has a track record of delivering results while managing very diverse and broad areas of responsibilites. We believe there is tremendous potential to optimize and grow our auto originations, and I'm confident Bruce will make a strong impact on our business on day one. Having another seasoned executive on our team will ensure that SC is able to accelerate its ambitious agenda of growth, deepening dealer relationships and digital advancement in the coming years."
Mr. Jackson joins SC after having served as Managing Director and Head of Dealer Services for JPMorgan Chase since 2013. While at Chase, he was responsible for the P&L for the bank's portfolio of consumer auto loans, commercial loans, and treasury management products and services, and a team of more than 1,100 employees. Mr. Jackson also provided line-of-business oversight in the areas of regulatory compliance, expense management, lending strategies, pricing and digital offerings.
Prior to joining Chase, Mr. Jackson held senior auto finance leadership roles at Ally Financial, Bank of America, WFS Financial and Toyota Motor Credit. He earned his bachelor's degree in business administration from Sam Houston State University.
About Santander Consumer USA Holdings Inc.
SC, headquartered in Dallas, is a full-service consumer finance company focused on vehicle finance, third-party servicing and delivering superior service to our more than 3.1 million customers across the full credit spectrum. SC, which began originating retail installment contracts in 1997, had an average managed asset portfolio of approximately $64 billion (for the fourth quarter ended December 31, 2020). (www.santanderconsumerusa.com)
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SOURCE Santander Consumer USA Holdings Inc.