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July 29, 2015 5:56 AM ET

Consumer Finance

Company Overview of Santander Consumer USA Holdings Inc.

Company Overview

Santander Consumer USA Holdings Inc., a specialized consumer finance company, provides vehicle finance and unsecured consumer lending products in the United States. The company’s vehicle finance products and services include retail installment contracts, vehicle leases, and dealer loans. It also originates vehicle loans through a Web-based direct lending program; purchases vehicle retail installment contracts from other lenders; and services automobile, and recreational and marine vehicle portfolios for other lenders. In addition, the company provides unsecured consumer loans, private label credit cards, and other consumer finance products. Santander Consumer USA Holdings Inc. was founded in...

1601 Elm Street

Suite 800

Dallas, TX 75201

United States

Founded in 1995

4,400 Employees



Key Executives for Santander Consumer USA Holdings Inc.

Chief Executive Officer and Director
Age: 44
Total Annual Compensation: $1.4M
Age: 49
Total Annual Compensation: $978.6K
Chief Operating Officer of Servicing
Age: 39
Total Annual Compensation: $529.6K
Chief Legal Officer, General Counsel and Secretary
Age: 46
Total Annual Compensation: $478.6K
Executive Vice President of New Business
Age: 45
Total Annual Compensation: $460.6K
Compensation as of Fiscal Year 2014.

Santander Consumer USA Holdings Inc. Key Developments

Santander Consumer USA Holdings Inc. Names Blythe Masters as Non-Executive Chairman of the Board of Directors

Santander Consumer USA Holdings Inc. (SCUSA) announced the appointment of Blythe Masters as non-executive Chairman of the Board of Directors of SCUSA. Ms. Masters, Chief Executive Officer of Digital Asset Holdings, succeeds Stephen Ferriss, who served as Interim Chairman since July 3, 2015, and remains on the Board. Prior to leading Digital Asset Holdings, Ms. Masters held senior executive roles at J.P. Morgan Chase & Co., where she served as the head of its global commodities business from 2007 to 2014, as the head of Corporate & Investment Bank Regulatory Affairs from 2012 to 2014, and as Chief Financial Officer of J.P. Morgan's investment bank from 2004 to 2007. She also has broad experience leading industry associations and non-profit boards. Joining Ms. Masters on the SCUSA Board are new directors Jose Garcia Cantera, Victor Hill, Monica Lopez-Monis Gallego, Javier Maldonado, Robert J. McCarthy and William Rainer. This brings the total number of SCUSA Board members from 12 to 13, six of whom are independent directors. The independent directors are: Stephen Ferriss, Blythe Masters, Robert J. McCarthy, William Rainer, Wolfgang Schoellkopf and Heidi Ueberroth.

Santander Consumer USA Holdings Inc. - Special Call

Santander Consumer USA Holdings Inc. - Special Call

Santander Consumer USA Holdings Inc. Announces Executive and Board Changes

The Board of Directors of Santander Consumer USA Holdings Inc. announced the appointment of Jason A. Kulas as Chief Executive Officer. Mr. Kulas succeeds Thomas G. Dundon, the company's former Chairman and Chief Executive Officer, in line with SCUSA's Board-approved succession plan. Mr. Dundon will continue to serve as a member of the SCUSA Board of Directors and as a senior adviser to the company. The Board of SCUSA has appointed Lead Outside Director Stephen Ferriss as interim Chairman, effective until the July 15 SCUSA annual meeting. Mr. Kulas joined the company in 2007 as Chief Financial Officer, after covering SCUSA, since its founding, as an investment banker at JPMorgan. Jason Grubb, Chief Operating Officer, Originations of SCUSA, will succeed Mr. Kulas as President. Mr. Grubb joined SCUSA in 2004 as Senior Vice President of Servicing. He was Chief Operating Officer from January 2007 to October 2014 and became Chief Operating Officer, Originations in October 2014. Prior to joining SCUSA, Mr. Grubb held positions at WFS Financial, Nissan Motor Acceptance Corp, and Commercial Financial Services. Jennifer Popp has been appointed interim Chief Financial Officer of SCUSA while a search is underway for a permanent replacement. Ms. Popp has served in the finance industry since 2001, and joined SCUSA in July 2012. She most recently served as Chief Accounting Officer and Deputy Chief Financial Officer.

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