AFSA Announces New Chair-Elect for Board of Directors

The American Financial Services Association (AFSA) today announced that its board of directors has elected Dan Chait, President of Southeast Toyota Finance, as the new chair-elect of the AFSA board.

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Monday, January 21, 2019
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Professional services, Banking, Finance, Other Professional Services, Business, Economy, American Financial Services Association, AFSA, Board of directors, Chairman
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Summary
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  • The American Financial Services Association (AFSA) today announced that its board of directors has elected Dan Chait, President of Southeast Toyota Finance, as the new chair-elect of the AFSA board.
  • Chait has been on the AFSA Board of Directors since 2015 and recently joined the AFSA Executive Committee.
  • As chair-elect, he is next in line to become board chair at AFSAs Annual Meeting in October 2019, succeeding current chair Josh Johnson, CEO of Mariner Finance.
  • Chait earned Master of Business Administration and bachelors degrees in economics and political science from the University of Rochester.


The American Financial Services Association (AFSA) today announced that
its board of directors has elected Dan Chait, President of Southeast
Toyota Finance, as the new chair-elect of the AFSA board.

Chait has been on the AFSA Board of Directors since 2015 and recently
joined the AFSA Executive Committee. As chair-elect, he is next in line
to become board chair at AFSA’s Annual Meeting in October 2019,
succeeding current chair Josh Johnson, CEO of Mariner Finance.

Southeast Toyota Finance is a leading provider of financial services to
automotive dealers, consumers and lenders, and a subsidiary of
diversified automotive corporation JM Family Enterprises, Inc. Chait
also serves as a member of JM Family’s Executive Management Team, which
oversees the development and implementation of the company’s long-range
planning and strategies for future growth.

As President, Chait is responsible for the strategic and operational
management of Southeast Toyota Finance, which provides financial
products to Toyota dealers and consumers in the Southeast, manages a
portfolio in excess of $10 billion and was recently awarded “#1 in Mass
Market Automotive Consumer Financing Satisfaction” by J.D. Power.

Chait joined Southeast Toyota Finance in 2002 as Vice President, Asset
Management. In 2007, he became Group Vice President, responsible for
Portfolio Management, Dealer Services, Operations, Sales and Marketing
functions.

In 2012, he was promoted President. Chait has more than 25 years of
experience in the financial services industry and has held senior level
positions with US Airways, AutoNation, and UniCapital Corporation.

Chait earned Master of Business Administration and bachelor’s degrees in
economics and political science from the University of Rochester.

Based in Washington, D.C., the American Financial Services Association
(AFSA), founded in 1916, is the national trade association for the
consumer credit industry, committed to protecting access to credit and
consumer choice. Its 450 members include traditional installment
lenders, vehicle finance/leasing companies, consumer and commercial
finance companies, mortgage lenders and servicers, payment card issuers,
industrial banks and industry suppliers. For more information, visit www.afsaonline.org.

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