Toyota Financial added expanded global roles for Mike Groff, president and CEO, and Chris Ballinger, senior vice president and CFO.
Groff’s role as president and CEO of Toyota Financial Services Corp. in the U.S. has expanded to include operations in Canada, Puerto Rico, Mexico, Brazil, Venezuela and Argentina, the company said in the statement.
Groff, 60, has been CEO of Toyota Financial in the U.S. since 2013. Last year he initiated plans for the finance arm to move to Plano, Texas, near Toyota’s new North American headquarters. Toyota Motor Corp. announced the move to Plano in April 2014, and construction of the Plano campus is expected to be completed by early 2017.