AFSA Announces New Board Leadership; Executive Staff Succession Plan
WASHINGTON–(BUSINESS WIRE)–The American Financial Services Association (AFSA) today announced that its Board of Directors has elected a new chairman, chair-elect and vice chairman-treasurer for the next 12 months. Additionally, the board approved a succession plan for executive leadership of the 102-year-old trade association representing the consumer credit industry.
“These are exciting times for the consumer credit industry, our customers and our communities”
Josh Johnson, CEO of Mariner Finance Co., based in Baltimore, was elected the new Chairman of the AFSA Board. He takes the gavel from outgoing board chair Ginger Herring, President and CEO of 1st Franklin Finance Corporation, Toccoa, Ga., who completed her one-year term. Dale Jones, Executive Vice President of Ford Motor Credit, Dearborn, Mich., was elected chair-elect of the AFSA Board and will succeed Johnson in 12 months. Tom Hudgins, President & COO of Western Shamrock Corporation, San Angelo Texas, was elected vice chair – treasurer.
The AFSA Board approved an executive leadership transition plan that promotes Bill Himpler, AFSA Executive Vice President, to President-elect of the association, effective Nov. 1, 2018, until April 1, 2019, at which time Himpler becomes President and CEO of AFSA. Chris Stinebert, President & CEO of AFSA since 2006, will assume a transitional role of Assistant to the President, starting April 1 until Dec. 31, 2019.
“These are exciting times for the consumer credit industry, our customers and our communities,” said Johnson. “Chris Stinebert has provided excellent leadership of the association since 2006 while navigating the association through the recession, recovery, and creation of the Bureau of Consumer Financial Protection (BCFP). During that same timeframe, Bill Himpler has worked tirelessly to provide our industry with a clear voice and message on Capitol Hill and with regulators on the need for safe, affordable consumer credit.”
Johnson said AFSA’s Board, comprised of leaders in the consumer credit industry, believes that this executive leadership transition plan will ensure that the association’s mission to provide access to safe, affordable credit, continues to support a robust U.S. economy.
October 26th, 2018
