GRAPEVINE, Texas -

The management team at defi SOLUTIONS recently grew again with the addition of Glenn Munro as vice president of sales.

Officials highlighted Munro was an early investor in the company as his foundational, insider knowledge of the defi SOLUTIONS’ history and future roadmap, combined with his extensive experience in auto financing, give him critical insight into the ability of the company to meet the needs of the lending community today and well into the future.

Munro joins the team with more than 30 years of experience in all facets of auto financing, including sales, marketing, operations and finance. He was most recently the director of credit services for Porsche Financial Services. In addition, he has held leadership positions at companies such as The Hertz Corp., Ford Motor Credit and Volvo Financial Services. He was also a founding member of Sixth Gear Solutions, an independent automotive finance startup.

“Glenn is an integral member of the defi community and has been since the very beginning,” said Stephanie Alsbrooks, founder and CEO of defi SOLUTIONS. “His knowledge of the company, the industry and the needs of lenders make him the perfect person to have at the forefront of the long-term relationships we strive to create with our clients.”

According to Alsbrooks, Munro and defi SOLUTIONS share the belief that the most successful teams communicate and collaborate to produce the best results. The team Munro heads up includes:

—Jacque Marvin, defi LOS sales director. Marvin comes to defi SOLUTIONS after 18 years in the automotive purchasing environment, with Ford for eight years and with a Ford dealership in Arlington, Texas, for 10 years, most recently as the dealership’s director of finance.

—Mark Gleason, defi SERVICING sales director. Gleason is a veteran of the financial technology industry with considerable experience as both lender and vendor. His current focus is on loan management and servicing.

—Randy Spradlin, VP of sales for defi EXCHANGE. Before joining defi SOLUTIONS, Spradlin founded one of the first auto loan portfolio marketplaces. He has worked for finance companies such as Heritage Funding Group, Westlake Financial Services and MarkOne Financial.

“I am looking forward to working with this dedicated, innovative team of professionals to continue to strengthen and grow the defi community of lenders,” Munro said.

“With these individuals and the amazing line-up of services on our lending technology platform — loan origination software; servicing, analytics, digital document handling and direct application services; and an auto loan portfolio marketplace — there is no better time for me to have come on board,” Munro went on to say.