Toyota Motor Sales USA Inc.
10/02/2025 | Press release | Distributed by Public on 10/02/2025 13:10
Toyota Financial Services Announces Executive Changes
PLANO, Texas (Oct. 2, 2025) - Toyota Financial Services (TFS) is pleased to announce the following executive changes that further strengthen the organization through the recognition and advancement of highly capable leaders.
Alec Hagey, senior vice president and chief operating officer, assumes the role of executive advisor to the president. In this newly created position, Hagey will leverage his extensive knowledge of the TFS and Toyota Motor North America organizations to lead several high-level strategic projects important to the company's future. Hagey continues to serve as a member of the TFS Executive Committee as well as the Toyota Motor Credit Corporation (TMCC) Board of Directors.
Tellis Bethel, president and CEO of Toyota Financial Savings Bank (TFSB), continues as CEO of TFSB and adds responsibilities as chief financial officer of Toyota Motor Credit Corporation (TMCC) and Toyota Financial Services International Corporation (TFSIC). The company will rely on Bethel's depth of expertise to enhance cross-organizational coordination between these highly interrelated companies. TFS continues to benefit from Bethel's more than two decades of Toyota experience in progressive leadership roles on both the finance and sales side of the business.
James Schofield, chief financial officer of TMCC, assumes the role of president of Toyota Financial Savings Bank. Schofield brings wide-ranging financial services experience coupled with strong leadership capabilities to this essential role. He will continue to foster close ties between TFSB and dealers and private label clients. In his new capacity, Schofield will join the TFSB Board of Directors.
Briana Nelson, group vice president of sales, assumes the expanded role of group vice president of sales and marketing. Nelson is the ideal choice for this position, having previously led both the TFS sales and marketing organizations. She will ensure these crucial functions are aligned in order to deliver the best possible service to dealers and customers.
These changes are effective immediately.
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About Toyota Financial Services
Toyota Financial Services (TFS) is the brand for finance and related products for Toyota in the United States, offering retail auto financing and leasing through Toyota Motor Credit Corporation (TMCC) and Toyota Lease Trust. TFS also offers vehicle and payment protection products through Toyota Motor Insurance Services (TMIS). The company services Lexus dealers and customers using the Lexus Financial Services brand.
As of March 31, 2025, TFS employed approximately 3,800 team members nationwide and had over $150 billion in assets. The company is part of a worldwide network of comprehensive financial services offered by Toyota Financial Services Corporation, a wholly-owned subsidiary of Toyota Motor Corporation.
We announce material financial information using the investor relations section of our website (https://www.toyotafinancial.com) and SEC filings. We use these channels, press releases, and social media to communicate about our company, our services and other issues. While not all information we post on social media is of a material nature, some information could be material. Therefore, we encourage those interested in our company to review our posts on Facebook at https://www.facebook.com/toyotafinancial and Instagram at https://www.instagram.com/toyotafinancial/.
Media Contacts
Vincent Bray
469-486-9065
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Toyota Motor Sales USA Inc. published this content on October 02, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 02, 2025 at 19:10 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]