RINGWOOD, N.J. -

Dealer Owned Warranty Co. recently promoted industry veteran Gene Silas as director of sales.

The provider and administrator of F&I products and services said Silas brings a wealth of experience and dealer relationships to his new role at DOWC. Following his service as with the U.S. Marine Corps, Silas entered the automotive space working his way through all positions in a dealership, eventually becoming the general manager in several stores. Recognized for his talent, he was recruited as an F&I specialist by JM Family Enterprises

Over the next two decades, Silas excelled through the ranks from an initial role to district manager and finally to regional manager. He was instrumental in establishing that organization’s associate development program.

Following on that legacy of success, Silas was invited to join General Motors as an area manager; a role in which he successfully helped build the company’s service contract and ancillary business.

Earlier this year, joining DOWC was a natural progression, according to Silas, who said in a news release, “I am blessed to have been first a zone manager and now director of sales with the most transparent dealer-centric F&I company in the industry.”

As director of sales, DOWC said Silas brings his deep knowledge of the industry and natural facility for mentorship to focus on development and training of the sales team. A well-timed appointment, Silas joins the organization as its exponential growth positions it for increased presence in the F&I industry.

“We are excited to have such an experienced professional, and good friend, in this position,” DOWC founder Michael LaMotta said. “Every interaction with Gene is a positive learning experience. He knows the industry inside and out, and his passion for the business is unmatched.

“With Gene at the helm of our direct and agent teams,” LaMotta continued, “our dealers will receive the immediate benefit of service that is attentive, informed, and supercharged in their representation of the absolute best products and revolutionary wealth-building structures for automotive dealers of all sizes.”

For more information about DOWC, visit dowc.com or call (201) 777-1000.