This week, Chase Auto welcomed a former high-level Volvo executive to oversee one of its captive finance businesses.

Michael Cottone joined the company as general manager to lead Subaru Motors Finance. In his role, Chase Auto highlighted that Cottone will work as an extension of Subaru of America to drive revenue growth, increase Subaru’s market share, continue to deliver customer service and achieve the brand’s strategic business goals.

Cottone will report to John Thacker, who is president of private label captive plus finance at Chase Auto.

Cottone brings more than two decades of leadership experience to his role, most recently serving as president and CEO of Volvo Car USA and Canada where he oversaw the commercial operations and financial services divisions.

As a member of Volvo’s global management team, Chase Auto noted that Cottone played a key role in driving electrification, digital transformation and customer-centric innovation.

“We are excited to have Michael join Chase Auto as the new General Manager for Subaru Motors Finance team,” Thacker said. “Michael’s deep experience and leadership will be instrumental in our continued partnership with Subaru, supporting their business priorities and delivering the full breadth of JPMorganChase.”

Chase Auto reiterated that delivers retail lending for new and used cars, captive financing and floorplan products, cash management, payment processing, private banking, wealth management, leading industry advisors, access to 84 million customers and premium lifestyle experiences.