AFSA Announces New Board Leadership

The American Financial Services Association (AFSA) yesterday announced that its Board of Directors elected a new chairman, chair-elect and vice chairman-treasurer for the next 12 months. The appointments were made at the close of the 2019 AFSA Annual Meeting in Nashville, Tenn.

Dan Chait, President, Southeast Toyota Finance was elected the new Chairman of the AFSA Board. He takes the gavel from outgoing board chair Josh Johnson, CEO of Mariner Finance Co. who completed his one-year term. Chait has been on the AFSA Board of Directors since 2015. He currently serves on the AFSA Executive Committee, Vehicle Finance Board and AFSA Investment Policy Committee.

Tom Hudgins, President & COO, Western Shamrock Corporation, San Angelo, Texas, was elected chair-elect of the AFSA Board and will succeed Chait in 12 months. Tom has been a member of the AFSA Board of Directors since 2014 and has been a member of the Executive Committee since 2015.  He also serves on the AFSA Investment Policy Committee, Operations Committee, Installment Lending Technology Task Force and on the AFSA State Government Affairs Committee and several of its subcommittees. He is the former chairman of the National Installment Lenders Association.

Jim Drotman, Executive Vice President, U.S. & Canada, Ford Motor Credit Company, was elected vice chair – treasurer.