A recognized name in the auto-finance space now is leading Flagship Credit Acceptance, which is setting its sights on continued growth.

The finance company announced this week that Bob Hurzeler joined Flagship as its chief executive officer and as a member of its board of directors.

According to a news release, Hurzeler began in his official capacity as CEO on June 3. Flagship said Michael Ritter, who has served as CEO since the company’s founding in 1998, is staying with the company as chairman of the board of directors.

Hurzeler is in his third decade in automotive finance, having come directly from OneMain Financial where he served as executive vice president and chief operating Officer, managing the company’s sales and operations, and oversaw approximately 8,500 team members.

Prior to that post, Hurzeler served in a variety of roles at Wells Fargo Auto Finance, including vice president and regional manager, senior vice president of sales and operations and president. During his tenure at Wells Fargo, Hurzeler helped significantly expand its origination volume.

“It is truly an honor to join Flagship’s team,” Hurzeler said. “Flagship has grown with a strong trajectory creating a sustainable $2.9 billion serviced portfolio. This is a testament to the expertise and skill of everyone at the company.

“I’m optimistic that conditions are right for Flagship to add to its history of growth and development. I look forward to helping lead us there,” Hurzeler continued.

Flagship director Andrew Dym noted, “Attracting top-tier talent like Bob is a testament to the quality of the company Michael Ritter and his team have built. I am proud to welcome him and wish him the best in this pivotal role.”

And Flagship president and chief operating officer Jeffrey Haymore added, “Everyone on Flagship’s Executive Team is delighted to welcome Bob to the company.

“Apart from his experience, Bob’s motivation and energy is going to be an excellent fit for this period of growth at Flagship,” Haymore went on to say.