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Last $24.01 USD
Change Today -0.005 / -0.02%
Volume 3.5M
SC On Other Exchanges
As of 12:50 PM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).

santander consumer usa holdi (SC) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/22/15 - $26.83
52 Week Low
11/6/14 - $16.52
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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santander consumer usa holdi (SC) Details

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 1995 and is headquartered in Dallas, Texas. Santander Consumer USA Holdings Inc. is a subsidiary of Santander Holdings USA, Inc.

4,400 Employees
Last Reported Date: 03/2/15
Founded in 1995

santander consumer usa holdi (SC) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: $1.4M
Total Annual Compensation: $978.6K
Chief Operating Officer of Servicing
Total Annual Compensation: $529.6K
Chief Legal Officer, General Counsel and Secr...
Total Annual Compensation: $478.6K
Executive Vice President of New Business
Total Annual Compensation: $460.6K
Compensation as of Fiscal Year 2014.

santander consumer usa holdi (SC) Key Developments

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.

Santander Consumer USA Holdings Inc. Announces Resignation of Alberto Sanchez from its Board, Effective as of May 31, 2015; Announces Adoption of Third Amended and Restated Bylaws

On May 20, 2015, Alberto Sanchez, a director and member of the Board Enterprise Risk Committee of the board, submitted his resignation from Santander Consumer USA Holdings Inc.'s Board, effective as of May 31, 2015. The board has adopted the Third Amended and Restated Bylaws of the company, effective upon adoption, on May 20, 2015. The Amended Bylaws amend the previous bylaws by amending Article III, Section 3.2 to eliminate the requirement that the Whole Board consist of thirteen directors and to provide that the number of directors that constitute the Whole Board will be fixed from time to time exclusively pursuant to a resolution adopted by a majority of the Whole Board. In addition, the Amended Bylaws amend the previous bylaws by amending Article III, Section 3.7 to authorize the Vice Chairman of the Board to call a special meeting of the Board, and by amending Article III, Section 3.8 of the previous bylaws to require at least 24 hours' notice before a Board meeting if such notice is by facsimile, electronic transmission, or is given orally or by hand delivery.


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