Nick Stanutz, auto finance leader at Huntington Bank, who helped establish its auto lending business, will retire at the end of this year after 31 years with the bank.
His position, senior executive vice president and managing director of auto finance, commercial real estate and community development lending and investment, will be divided into two roles, he wrote in a email to customers.
Sandy Pierce, senior executive vice president, private bank and regional banking director and chair of Michigan, also will be responsible for the bank's auto and RV-marine businesses. Pierce has been on the Penske Automotive Group board of directors since 2012, a company spokesman said. She also has been active in commercial banking in Michigan and has established relationships with executives throughout the auto industry.