Thasunda Brown Duckett Named CEO of Chase Auto Finance

  Thasunda Brown Duckett Named CEO of Chase Auto Finance

Business Wire

NEW YORK -- February 25, 2013

Chase announced today that Thasunda Brown Duckett has been named CEO of Auto
Finance, part of Chase’s Consumer & Community Banking division. Ms. Duckett
previously served as national retail sales executive for Chase’s Mortgage
Banking division. She succeeds Marc Sheinbaum, who has asked to pursue other
opportunities.

“Thasunda has an outstanding record of success in Mortgage Banking, and has
many strengths as a leader,” said Gordon Smith, CEO of Chase Community &
Consumer Banking. “Her strategic thinking and her business discipline make her
uniquely qualified for this new role.”

Ms. Duckett’s new role also includes oversight of Chase’s Student Lending
business. Prior to serving in her role in Mortgage Banking, Ms. Duckett led
Mortgage’s East Region sales team for three years. She previously was Channel
Executive of Bank Branch Integration and Director of Affordable Lending and
Emerging Markets. She joined Chase from Fannie Mae in 2004. Ms. Duckett has a
bachelor’s degree in Finance and Marketing from the University of Houston and
an M.B.A. from Baylor University.

Chase Auto Finance is one of the leading bank providers of auto financing in
the country. With a portfolio of more than $50 billion in assets and
relationships with more than 75 percent of all U.S. franchised automotive
dealers, Chase Auto Finance provides a broad spectrum of products to meet the
full range of credit needs of their customers.

Chase Auto Finance purchases auto loans and leases from a national network of
automotive dealers as well as making auto loans directly to consumers through
various Chase channels. In addition, Chase Auto Finance provides commercial
loans to auto dealers throughout the U.S. and maintains a reputation for
delivering high-quality services as well as a long-term commitment to auto
dealers and the overall auto industry.

About Chase

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase &
Co. (NYSE: JPM), a leading global financial services firm with assets of $2.3
trillion and operations in more than 60 countries. Chase serves more than 50
million consumers and 4 million small businesses through more than 5,500 bank
branches, 17,500 ATMs, credit cards, mortgage offices, and online and mobile
banking as well as through relationships with auto dealerships. More
information about Chase is available at www.chase.com.

Contact:

Chase Card Services
Paul Harwick, 302-282-3961
Paul.Hartwick@chase.com
 
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