DIMONT, a provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries, today announced that Mark Floyd has joined the firm as a board member, with a special focus on the automotive finance industry.
Floyd is a seasoned auto finance executive, with more than 30 years of experience in banking and subprime lending. Most recently, he served as vice chairman and chief executive officer of Dallas-based subprime lender, Exeter Finance. He also held senior management positions at AmeriCredit Corp., including chief operations officer and president of dealer services, and executive vice president of strategic alliances. Prior to AmeriCredit, he served as president of the National Asset Placement Corp. and excelled in various leadership positions at banking institutions throughout Dallas.
In his role as a DIMONT board member, Floyd will assemble and lead an advisory panel designed to provide guidance in client/services development within the automotive finance industry.
“Mark has a proven track record of successfully building and leading a growing business platform,” said Denis Brosnan, president and chief executive officer of DIMONT. “We look forward to utilizing his expertise to help grow DIMONT’s solutions for the auto finance industry. His outstanding reputation in the industry, coupled with his wealth of experience and relationships, will help strengthen our presence as a best-in-class insurance claims service provider to auto lenders.”
“I look forward to building upon DIMONT’s strong foundation in the residential mortgage industry and expanding their reach into the auto finance space,” said Floyd. “Lenders will benefit tremendously from DIMONT’s products, service and dedication to excellence.”