The best of Fiance Toyota

Toyota Financial Services (TFS) announced today that George Borst, the leading U.S. 16 years, will retire as September 30, 2013, after which he will take over as Executive Advisor until the end of calendar year 2014 finance toyota. Borst named to replace Mike Groff finance toyota, currently Senior Vice President of Sales, Marketing and Product Development at TFS toyota financing.

"Mike has been an integral part of the achievements of this company for 30 years," said Borst. "With his extensive knowledge of  toyota financing the industry, his long association with our distributors and strong, and a history of proven leadership in the two best and most difficult years, this company has experienced finance toyota, I know he will guide you into TFS even more successfulfinance toyota. "

Borst joined Toyota Motor Sales (TMS) in 1985 as director of corporate marketing. He was then charged with creating a strategic planning toyota financing department for Toyota and supervision of the planning group Toyota production finance toyota. He then spent several years as general manager of the Lexus division finance toyota.

 Borst was named to head the TFS 1997. In 2001, formally separate TFS Toyota Motor Sales, Borst was named president and CEO of the new company. Edited by Borst finance toyota, TFS has grown from a company with 20 billion toyota financing of assets to become one of the largest in the country, and captive finance companies valued finance toyota. TFS has about four million active customers, total assets of more than $ 95 billion and employs more than 3,200 employees across the country finance toyota.

Borst has earned the respect and honor associated companies, businesses and nonprofit partners, and industry analysts. In 2012, Automotive News named coveted Borst Automotive News All-Star list for the second time. In 2011, he was the only person awarded an Excellence Award Posted auto finance Auto Finance News finance toyota.

 Furthermore, in recognition of the commitment of Borst diversity and inclusion at all levels of the company, was honored with the CEO Leadership  toyota financing Award 2011 presented by the diversity diversity best practices. In 2012, TFS returned to qualify for a coveted rating of 100% on the published by the Corporate Equality Index from the Human Rights Campaign. In 2013, women in connection Leadership Institute toyota financing announced that CEO Borst will receive the award in recognition of his outstanding commitment to advancing women leaders finance toyota.

Furthermore, Borst led the company's philanthropic efforts to a new level, both in terms of dollars donated and volunteer hours in the community served. Last year, Borst ordered the company to triple its scholarship funds for toyota financing students at risk and underserved high school students for $ 1 million per year finance toyota. Borst and TFS have received numerous awards from organizations like Boys & Girls Clubs of America.

During the past five years, Groff led the Organization TFS sales, auto finance manager 30 Dealer Sales and service offices, three regional offices, as well as product management, remarketing, Marketing and National Accounts. In addition finance toyota, TFS is responsible for trade finance and management providers offices in the United States finance toyota. Groff is a member of the Board of Toyota Motor Credit Corporation and Toyota Motor Management Board Insurance Services.

Groff joined Toyota in 1983 and has held positions in the field, including TFS branch manager and regional director, and seat positions including TMIS toyota financing National Product Group Director, Corporate Marketing and Leasing Director finance toyota, Vice President and corporate vice president of customer service strategy.

"I was privileged to be part of TFS since its inception," said Groff. "I am very honored and pleased to continue and expand  toyota financing the vision and mission established by George and our more than 3,200 employees across the country. Together finance toyota, we TFS is still the industry leader and the" couple always strong and lender of choice for our dealers and customers.

In addition to his responsibilities TFS, Groff is a member of the Board of RouteOne, which is jointly owned by FMCC, Ally, TD and TFS. In 2012 finance toyota, he received the Groff Auto Finance Excellence in Service to the Community News car financing. It is also National Director of Boys and Girls Clubs of America.

Groff received a Bachelor of Business Administration from California State University, Fullerton, and a Masters in Business Administration from Chapman University in Orange finance toyota, California