Firm Makes Changes Featured

By Staff Writer February 03, 2020

Location Services, LLC, a loss mitigation provider, has made several changes to its senior management team.

Lee McCarty, CEO of Location Services, has decided to retire after 35 years in the auto finance industry.  Jerry Kroshus, chief client relations officer, has been named CEO, effective immediately.

Kroshus brings more than 30 years of experience in the auto finance industry.  Kroshus' prior experience includes CEO of Auto Approve, president and CEO of PAR North America, and senior leadership roles with HSBC Auto Finance and Citigroup.

Eric Gerdes, president and COO, will transition into a newly created position within Location Services’ Holding Company, working with Delaware Street Capital (DSC). Gerdes joined Location Services in 2018 and has held leadership roles in operations, risk and compliance.

Location Services also announced that Shawn White, vice president of client relations, will assume new role in the company. White joined the company in 2017 and has held leadership roles in operations, compliance and client relations. White brings 15 years of experience in the auto finance industry including prior roles at Exeter Finance and Ally Financial. 

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Last modified on Monday, 03 February 2020 14:49

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