NEWSROOM

Auto Finance News Names Dan Berce 2023 Auto Finance Executive of the Year

The trade publication, Auto Finance News, named GM Financial’s President and CEO, Dan Berce, its 2023 Auto Finance Executive of the Year.

The recognition relies on company performance, input from its readership and nominations from industry peers to determine a winner.

The honor was announced in December with a feature story that details the many major accomplishments of Dan’s career. Reporters from Auto Finance News sat down with Dan and several colleagues to discuss his contributions to GM Financial and his impact on the people around him.

Kyle Birch and Susan Sheffield, GM Financial’s President of North America Operations and Chief Financial Officer, explained Dan’s personality and leadership style, recounting his mentorship, loyalty and steady guidance.

“He’s been not only my boss and a leader but a mentor and a friend,” Kyle said.

“His finance and accounting background coupled with his acute business sense has been a driving force for our success. He’s the kind of person I want to work for.”

Susan described Dan’s leadership as balanced, approachable, authentic and down-to-earth.

“As long as he was in a leadership role, we would follow him anywhere because we know he’s smart and he’s a caring person,” she said.

Though Dan previously earned Auto Finance News’ Auto Finance Excellence Award in Leadership recognition in October 2021, this is the first time he has been honored as Auto Finance Executive of the Year.

Past award winners include executives from Bank of America, Ford Motor Credit, Capital One and Ally.

“I’m proud to lead GM Financial. It has been a great pleasure to participate in the company’s evolution as a captive,” Dan said.

“This award is a testament to what we have built together. It may bear my name, but more accurately reflects our many exemplary team members, accomplished leaders, resilient culture and outstanding commitment to excellence,” he said.

During Dan’s more than 10-year tenure as CEO, GM Financial has grown from $10 billion to $115 billion in earning assets and expanded its global reach to cover approximately 90% of GM’s worldwide sales.

He joined GM Financial’s legacy business, AmeriCredit, as Chief Financial Officer in 1990. In 2005, he became Chief Executive Officer of the company and remained CEO when AmeriCredit was purchased by General Motors in 2010.

As of 2023, GM Financial operates in all of GM’s major markets, offering auto finance products to about 15,000 dealers worldwide and amassing more than 7 million retail contracts outstanding.

By Jake Stevens, GM Financial

Jake Stevens uses his writing skills to help others make sense of complex topics. His second greatest passion, after auto finance, is cheering on the Crimson Tide.