October 26, 2016 5:23 AM ET

Consumer Finance

Company Overview of Ford Motor Credit Company LLC

Company Overview

Ford Motor Credit Company LLC, through its subsidiaries, provides automotive financing products to and through automotive dealers worldwide. It offers retail financing products, including retail installment sale contracts for new and used vehicles, as well as direct financing leases for new vehicles to retail customers, leasing companies, government entities, daily rental companies, and fleet customers. The company also provides wholesale loans to dealers to finance the purchase of vehicle inventory, as well as to finance working capital and improvement to dealership facilities, the purchase of dealership real estate, and to other dealer vehicle programs. In addition, it offers various insur...

One American Road

Dearborn, MI 48126

United States

Founded in 1959

6,800 Employees



Key Executives for Ford Motor Credit Company LLC

Chairman and Chief Executive Officer
Age: 49
Chief Financial Officer, Treasurer and Director
Age: 46
Chief Risk Officer, Executive Vice President and Director
Assistant Secretary
Group Vice President of Government and Community Relations of Ford Motor Company
Age: 48
Compensation as of Fiscal Year 2016.

Ford Motor Credit Company LLC Key Developments

Ford Motor Credit Company LLC Presents at 22nd Annual ABS East Conference, Sep-18-2016 through Sep-20-2016

Ford Motor Credit Company LLC Presents at 22nd Annual ABS East Conference, Sep-18-2016 through Sep-20-2016. Venue: Fontainebleau Miami Beach, 4441 Collins Avenue, Miami Beach, FL 33140, United States. Presentation Date & Speakers: Sep-19-2016, Susan J. Thomas, Associate General Counsel.

Ford Motor Credit Company Announces Executive Changes

Ford Motor Company announced that Bernard Silverstone, Ford group vice president and chairman and chief executive officer of Ford Motor Credit Company, has elected to retire effective Oct. 1, after 37 years of service. Silverstone, 60, will be succeeded by Joy Falotico, who is being named Ford group vice president and Ford Credit chairman and chief executive officer. Falotico, 49, has served at Ford Credit for 27 years and will continue the company’s strategies to improve and expand its business in support of the One Ford plan for profitable growth. Prior to this appointment, Falotico was chief operating officer, leading Ford Credit’s global operations, as well as marketing, sales and brand, business center operations and insurance operations. Falotico joined Ford Credit in 1989 and has held a wide range of senior positions, including executive vice president, Ford Credit Marketing, Sales, Americas and Strategic Planning; vice president of North American operations; vice president of U.S. Sales Operations; vice president of Global Marketing; and had pan-European responsibility for customer and dealer service operations and risk management for Ford Credit Europe.

Ford Motor Credit Company LLC Issues $700,000,000 Aggregate Principal Amount of 1.897% Notes Due August 12, 2019 and $300,000,000 of Floating Rate Notes Due August 12, 2019

On August 12, 2016, Ford Motor Credit Company LLC issued and sold $700,000,000 aggregate principal amount of 1.897% Notes due August 12, 2019 and $300,000,000 of Floating Rate Notes due August 12, 2019, each pursuant to the company's effective registration statement on Form S-3 previously filed with the Securities and Exchange Commission. These Debt Securities are to be issued pursuant to the provisions of an Indenture dated as of March 16, 2015 between the company and The Bank of New York Mellon, as Trustee.

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