Sheldon “Trip” Hall will be named president of Capital One Auto Finance come Nov. 1, on the heels of Kevin Borgmann’s appointment to a risk post at the parent company.
Borgmann, tapped as COAF president in September 2010, will assume the role of deputy chief risk officer of Capital One Financial Corp. as he transitions to replace Peter Schnall as chief risk officer. Schnall is slated to leave the position on June 1, 2013, and will remain with the company in a senior advisory role through April 1, 2014.
Hall, currently senior vice president at the top 10 auto lender, has been leading the marketing and analysis functions since 2008. His responsibilities include credit policy, pricing, and business strategy.
Previously, Hall served in Capital One Financial’s small business lending and credit card divisions. He joined the company in 1997.
Capital One Auto Finance had $21.8 billion of loans outstanding at yearend 2011, ranking it 10th in the nation among auto financiers, according to the 2012 Auto Finance Big Wheels ranking.