Exeter Finance Corp. went outside of the auto finance sector to find its new chief executive officer last fall, and on Friday, the subprime operation repeated the process when choosing a new chief financial officer.

Taking on the CFO role for Exeter effective June 8 is Paige Wisdom, who has served as chief enterprise risk officer and executive vice president of the Federal Home Loan Mortgage Corp. (FHLMC/Freddie Mac) since 2010.

“We are excited to work with Paige on Exeter's continued growth and evolution," said Exeter CEO Tom Anderson, who brought nearly three decades of management and financial services industry experience to the company last October.

“She has a proven track record of success and a keen understanding of the financial opportunities presented by this industry,” Anderson continued. “We expect that Paige will continue to build upon the success she established in her former roles, serving respected organizations such as FHLMC/Freddie Mac.

Wisdom also served as a CFO for key business units at Bank of America, including global business and financial services; business, lending, and global technology; and service and fulfillment.

Prior to joining Bank of America, Wisdom served at Bank One Corp./JP Morgan from June 2000 to July 2004. Her additional experience includes leadership positions with UBS/Warburg Dillon Read, Citibank Salomon Smith Barney and Swiss Bank Corporation/SBC Warburg Dillon Read.

“I am so pleased and excited to join the Exeter team,” Wisdom said. “Exeter has defined itself as a leading specialty auto finance company in a short period of time. I look forward to contributing to the next phase of growth at this dynamic organization.”