DALLAS, July 15, 2015 /PRNewswire/ -- Santander Consumer
USA Holdings Inc. (NYSE: SC)
(SCUSA) today 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.
T. Timothy Ryan, Chairman of the
Board of Directors of Santander Holdings USA, Inc., SCUSA's parent company, said, "Ms.
Masters' global financial experience and leadership in U.S. banking
aligns well with our broad development strategy and objectives for
Santander's business in the U.S."
Blythe Masters said, "I am
honored to join the SCUSA Board and am pleased to serve as
Chairman. SCUSA has an impressive history of growth and
entrepreneurship that will serve it well as it builds foundations
for the future. I look forward to partnering with my new colleagues
and shareholders, and working alongside SCUSA CEO Jason Kulas and his team, as we continue to
focus on increasing shareholder value."
Jason Kulas, CEO of SCUSA, said,
"Blythe Masters' deep understanding
of the financial markets and emerging bank technologies, coupled
with her regulatory expertise, make her the right choice to lead
the SCUSA Board. She has a long track record as an innovator, which
fits SCUSA's entrepreneurial culture and our focus on using data
and scalable technology to originate and service attractive
consumer assets."
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.
Outgoing SCUSA Interim Chairman, Stephen
Ferriss, said, "I wish to thank Gonzalo de Las Heras,
Roman Blanco, Alberto
Sanchez, Javier San Felix, Tagar Olson, Matthew Kabaker, John
Corston and William Hendry
for their dedication and service to SCUSA.Their contributions were
invaluable for the business as it transitioned from a privately
held entity through its first year as a publicly traded
company."
Biographies of the Board of Directors of Santander Consumer
USA Holdings Inc.
Blythe Masters
Ms. Masters, age 46, is the Chief Executive Officer of Digital
Asset Holdings, a technology company that uses cryptographically
secure distributed ledgers to track and settle financial assets,
reducing risk and settlement times. Previously, 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. Ms. Masters is the
former chair of both the Global Financial Markets Association
(GFMA) and the Securities Industry and Financial Markets
Association, and currently serves on the boards of the Breast
Cancer Research Foundation and the Global Fund for Women. She
received her B.A. in economics from Trinity
College, Cambridge
University.
Stephen A. Ferriss
Mr. Ferriss, age 69, was appointed a director in November 2013 and also serves as the chairman of
our Audit Committee and Compensation Committee. He has served as a
director of SHUSA and Santander
Bank, N.A., a wholly owned subsidiary of SHUSA (SBNA) since
2012 and serves as the chairman of the SHUSA and SBNA Audit
Committees and as a member of the SHUSA and SBNA Board Enterprise
Risk Management Committees. He is also a member of SHUSA's Board
Capital and Regulatory Oversight Committees and of SBNA's Bank
Secrecy Act/Anti-Money Laundering Oversight Committee. He is
the senior independent director and chairman of the Nominations
Committee for Management Consulting Group PLC, London, a publicly traded company on the
London Stock Exchange. He also has served as a Board member of
Iberchem in Madrid, Spain, since
2007, and previously served as a Board member of Santander Bancorp
and Banco Santander Puerto Rico from 2002 to 2010, and as a member
of the Audit Committee of those companies from 2004 to 2010. He
previously served as President and Chief Executive Officer of
Santander Investment Securities Inc. from 1999 to 2002 and held
various roles at Bankers Trust (now Deutsche Bank Alex.
Brown), including managing director and
partner of the Bankers Trust Global Investment Bank in London and New
York. Mr. Ferriss has a B.A. from Columbia College and an M.I.A. from Columbia University School of International
Affairs.
Jose Garcia Cantera
Mr. Garcia Cantera, age 49, is
Senior Executive Vice President of Santander and has served as
Chief Financial Officer and Head of the Finance Division of
Santander since January 2015. Prior
to his current role, Mr. Garcia
Cantera was the head of Santander's Global Wholesale Banking
Division from May 2012 to
January 2015, and served as Chief
Executive Officer of Banesto from 2006 to May 2012, having joined the bank in September 2003 as Senior Executive Vice President
of Wholesale Banking. Previously, he was a member of the Management
Committee of Citigroup Europe, Middle
East and Africa ("EMEA")
and a director of Citigroup Capital Markets UK and Citigroup EMEA.
Mr. Garcia Cantera is an industrial
engineer and holds a master's degree in business administration
from IE Business School.
Thomas G. Dundon
One of SCUSA's founding partners, Mr. Dundon, age 43, was named
President in May 2005 and served in
that position until November 2013. He
became Chief Executive Officer and a member of our board of
directors in December 2006, and was
appointed as the chairman of our board of directors in December 2013. He served as Chief Executive
Officer and chairman of our board of directors until July 2015. Mr. Dundon is also a director of the
nonprofit Santander Consumer USA
Inc. Foundation. Mr. Dundon holds a bachelor's degree in economics
from Southern Methodist University.
Victor Hill
Mr. Hill, age 51, has served as Managing Director of Santander
Consumer (UK) plc, which he founded, since July 2005 and as Managing Director of First
National Motor plc, a subsidiary of Santander Consumer (UK), since
February 2004. Mr. Hill joined
Lombard North Central plc in 1982, remaining with the business
through its change of ownership and rebranding to First National
Motor plc in 1998. Mr. Hill has since held a number of executive
positions at First National Motor plc, including Head of the
Department – Customer Services (Motor Finance) of First National
Bank plc from February 1994 to
December 1999, Operations Director
(Motor Finance) of First National Bank plc from January 2000 to April
2002, Group Customer Services Director of First National
Bank plc from May 2002 to
April 2003 and Director of First
National Motor plc from April 2003 to
February 2004. Mr. Hill also serves
as a director of Hyundai Capital UK Ltd., Santander Consumer UK,
PSA Finance plc and First National Motor plc. He has previously
served as a director of several companies in the Abbey National
Group from November 2003 to
September 2009 and of GE Capital Bank
Limited from January 2009 to May
2009.
Jason Kulas
Mr. Kulas, age 44, has served as SCUSA's CEO since July 2015. Prior to his appointment as CEO, he
served as SCUSA's President from 2013 to 2015, and Chief Financial
Officer from 2007 to 2015. Mr. Kulas joined SCUSA after serving as
Managing Director in investment banking for JPMorgan Securities,
Inc., where he was employed from 1995 to 2007. Mr. Kulas also
worked as an analyst for Dun & Bradstreet and as an adjunct
professor at Texas Christian
University. Mr. Kulas served on SCUSA's board of directors
from 2007 to 2012 and currently serves as a member of the Board of
the nonprofit Santander Consumer USA Inc. Foundation. He was also a named a
member of the Board of SHUSA in July
2015. Mr. Kulas has a B.A. from Southern Methodist University and a master's degree
in business administration from Texas
Christian University.
Monica Lopez-Monis
Gallego
Ms. Lopez-Monis, age 45, has served as the Chief Compliance
Officer of Santander since April 2015
and as General Secretary and Secretary to the Board of Directors of
Bankinter S.A. since 2014. She has held a number of executive
positions at Santander, including as Vice Secretary to the Board of
Directors of Santander from 2013 to 2014 and as General Secretary
and Secretary to the Board of Directors of Banesto S.A. ("Banesto")
from 2009 to 2013. Prior to joining Santander, Ms. Lopez-Monís was
General Secretary and Secretary to the Board of Directors of
Aldeasa S.A., a company specializing in the airport retail trade,
and served as Director of Legal and Tax Consultancy for Bankinter
S.A. from 2001 to 2005. She has been a director of Abertis
Infraestructuras S.A. since March
2013 and served on the Board of Governors of the Bar
Association of Madrid (Ilustre
Colegio de Abogados de Madrid)
from December 2007 to December 2012. She received her degrees in law
and in economics and business sciences from University Pontificia
de Comillas ICAI-ICADE.
Javier Maldonado
Mr. Maldonado, age 52, has served as Senior Executive Vice
President of Santander, Head of the New General Directorate for
Coordination and Control of Regulatory Projects in the Risks
Division, since September 2014.
Previously, he served as Executive Committee Director, Head of
Internal Control and Corporate Development, for Santander (UK) plc
("Santander UK") from May 2012 to
September 2014; Vice President in
Charge of Closed Funds and Complaints for Banco Santander Brazil
from October 2011 to April 2012; General Manager for Santander in the
Middle East from January 2011 to September
2011; General Manager of Consumer Finance for Santander in
China in 2012; and Chief Executive
Officer of the Wealth Management and Corporate Banking Division of
Abbey National Bank from 2007 until
2010. Mr. Maldonado has served as a director of Saudi Hollandi Bank
Riyadh since 2008, and previously served as a director of ABN AMRO
Bank from 2007 to 2010 and of Banco Antonveneta Italy from 2007 to
2008. He holds law degrees from Northwestern
University and Madrid
University, and practiced corporate and international law for 13
years.
Robert J. McCarthy
Mr. McCarthy, age 62, has served as Chairman of Hotel
Development Partners since March
2014. Mr. McCarthy joined Marriott International, Inc. in
1975, where he served in various leadership positions including
Senior Vice President, Northeast Region from 1995 to 2000;
Executive Vice President, Operations from 2000 to 2002; President,
North America from 2003 to 2009;
and Group President from 2009 to 2011, and served as Chief
Operations Officer from March 2012
until February 2014. Mr. McCarthy
currently is a member of the Board of Trustees at Villanova University and a member of the Board of
Priton, LLC. Previously, Mr. McCarthy served as a director of the
ServiceSource Foundation, as a member of the Autism Learning
Center, as a member of the Dean's Advisory Board at Cornell University School of Hotel Administration,
as a member of the Dean's Advisory Board at Villanova University School of Business and as a
member of the board of managers at Avendra, LLC. Mr. McCarthy holds
a B.S. in business administration from Villanova University and is a graduate of the
Advanced Management Program at the Wharton School of Business at
the University of Pennsylvania.
Gerald P. Plush
Mr. Plush, age 56, has served as director since April 2014 and also serves as a member of our
Nominating and Governance Committee and Executive Committee. Also,
since April 2014, Mr. Plush has
served as the Chief Financial Officer of SHUSA, where he is also a
member of the SHUSA executive management committee. From
December 2011 to September 2013, Mr. Plush was a member of the
board of directors and President and Chief Operating Officer of
Webster Bank, where he had
previously served as Chief Financial Officer and Chief Risk
Officer. Before joining Webster
Bank, he also served in various roles at MBNA Corporation
from 1995 to 2006, most recently as senior executive vice president
and managing director for corporate development. Mr. Plush has a
B.S. in accounting from St.
Joseph's University in Philadelphia, Pennsylvania and is a Certified
Public Accountant and Certified Management Accountant.
William Rainer
Mr. Rainer, age 69, has had numerous leadership roles in the
finance and banking industry. From 2001 to 2004, Mr. Rainer served
as the Chairman and Chief Executive Officer of OneChicago, LLC, a
regulated futures exchange. He has also served as the Chairman of
the Commodity Futures Trading Commission from 1999 to 2001, as
Chairman of the United States Enrichment Corporation from 1994 to
1998, and as Founder of Greenwich Capital Markets, Inc. from 1981
to 1988. Previously, Mr. Rainer held various leadership positions
at Kidder, Peabody & Co., Inc. Mr.
Rainer served as director of IQ Funds, a family of closed-end
mutual funds, from 2004 until 2010. From 1996 to 2000 and from 2004
to 2008, Mr. Rainer served as a Trustee for Southern Methodist University. He has served as a
member of the Dean's Council of the Harvard
Divinity School since 2003 and as its Chair from 2005
through June 2013. He is currently
the Chairman of Shortridge Academy, Ltd. and New Braunfels
Communication, Inc. He received his B.A. and MBA from Southern Methodist University.
Wolfgang Schoellkopf
Mr. Schoellkopf, age 82, has served as director since
January 2015 and also serves on our
Audit Committee. He has had numerous leadership roles in the
finance and banking industry, including service on boards of
directors and audit committees. He has served on the boards of
directors of SHUSA and of SBNA since 2009. Mr. Schoellkopf
currently serves as Chairman of the Board Enterprise Risk
Committees and a member of the Executive, Compensation, Capital and
Audit Committees of SHUSA's and SBNA's boards, and a member of the
Bank Secrecy Act/Anti-Money Laundering Oversight Committee and the
Oversight Committee of SBNA's board. From 2004 to 2009, Mr.
Schoellkopf served as the Managing Partner of Lykos Capital
Management, LLC, a private equity management company. He previously
served as General Manager of Bank Austria Group's U.S. operations
from 2000 to 2002; as Vice Chairman and Chief Financial Officer of
First Fidelity Bank N.A. from 1990 to 1996; and as an officer of
Chase Manhattan Bank from 1963 to 1988, most recently, as Executive
Vice President and Treasurer. From 1997 to June 2014, Mr. Schoellkopf served as a director
of Sallie Mae Corporation, including service as its Lead
Independent Director and as Chairman of its Compensation Committee.
Since 2010, he has served on the Board of The Bank of N.T. Butterfield & Sons, Ltd. in
Bermuda. Mr. Schoellkopf studied
economics at the University of California,
Berkeley, the University of Munich and Cornell
University and lectured in economics at Cornell University and Princeton University.
Heidi Ueberroth
Ms. Ueberroth, age 49, has served as director since April 2014 and serves as the chairman of our
Nominating and Governance Committee and as a member of our
Compensation Committee. Ms. Ueberroth served in a variety of senior
executive positions with the National Basketball Association from
1994 to December 2013 including
President of Global Marketing Partnerships and International
Operations from 2006 to 2009, and President of NBA International
from 2009 to December 2013. She
currently serves as a director of the Pebble Beach Company and of
the Monterey Peninsula Foundation, as a trustee of the Cancer
Research Institute, and as a member of the Board of Visitors of the
Arts and Science College of Vanderbilt
University. Previously, she served on the board of directors
of NBA China from 2008 through December
2013 and on the board of directors of Quiksilver from 2006
to 2008. Ms. Ueberroth holds a B.A. from Vanderbilt University.
About SCUSA
Santander Consumer USA Holdings
Inc. (NYSE: SC) (SCUSA) is a full-service,
technology-driven consumer finance company focused on vehicle
finance and personal lending products. The company, which began
originating retail installment contracts in 1997, has a managed
assets portfolio of more than $46 billion (as
of March 31, 2015), has more than two million customers across
all credit grades, and is headquartered in Dallas.
(www.santanderconsumerusa.com)
About SHUSA
Santander Holdings USA, Inc. (SHUSA) is a wholly-owned
subsidiary of Banco Santander, S.A. (NYSE: SAN). Banco Santander is
a diversified global retail and commercial bank offering a wide
range of financial products to 117 million customers worldwide.
SHUSA owns 100% of Santander Bank,
N.A., a retail and commercial bank with 703 branches and 9,703
employees in the U.S. northeast, and 59.03% of the common stock of
Santander Consumer USA Holdings
Inc. (NYSE: SC), a Dallas, Texas-based national vehicle finance and personal
lending company. For more information about Santander Bank, visit www.santanderbank.com. For
more information about Santander Consumer USA, visit www.santanderconsumerusa.com.
CONTACTS:
Media Queries:
Laurie Kight, Santander
Consumer USA Holdings
Inc.
(214) 801-6455
lkight@santanderconsumerusa.com
Investor/Analyst Contact:
Evan Black & Kristina Carbonneau, Santander Consumer
USA Holdings Inc.
(800) 493-8219
investorrelations@santanderconsumerusa.com
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SOURCE Santander Consumer USA
Holdings Inc.