MarkOne Holdings has chosen an over-20 year veteran of the automotive industry for its leadership team.

The automotive finance holding company’s new corporate chief financial officer is Robert Bennett.

Bennett will be located in the company’s corporate offices in Jacksonville, Fla., and will work with leadership for MarkOne’s three regional locations in California, Texas and Florida.

“Bob’s experience in product trend analysis, unit costing, product pricing and detailed financial modeling will continue to push growth and strengthen our lending practices,” explains MarkOne Holdings president and chief executive officer Bruce Newmark. “MarkOne Holdings prides itself on our people and Bob certainly has the credibility and industry knowledge worthy of joining our family.”

In his new role, Bennett will be responsible for the preparation, interpretation and presentation of budgets, forecasts and financial statements for the company

Officials explained he brings launch experience entailing the establishment of accounting systems, controls, as well as policies and procedures and working with the capital markets.

Highlighting the new CFO’s background, most recently, Bennett served as Business Unit CFO for Bank of America’s Dealer Financial Services division in Jacksonville, Fla., where he was responsible for bulk acquisitions, divestitures and securitizations regarding automobile loans and leases, as well as being accountable for developing and maintaining forecasts for both consumer and commercial auto portfolios.

Prior to his work with Bank of America he was the Business Unit CFO for LendingTree and played a role in the launch of the settlement services division, as well as the Business Unit CFO for Wachovia’s settlement services division.

He’s also served as manager of finance for Bombardier Capital’s Consumer Finance Division, which purchased consumer paper for their Sea-Doo and Ski-Doo products.