WASHINGTON, D.C. — The American Financial Services
Association recently announced two experienced, well-known executives were elected
to join its board of directors.

The new board members are Mark Floyd, vice chairman and
chief executive officer of Exeter Finance Corp.; and David Paul, vice president
of financial services at American Honda Finance Corp.

 Floyd is a member of
the AFSA Vehicle Finance Advisory Board and has been involved in AFSA since
2005 when he was chief operating officer of AmeriCredit Corp. Floyd joined
Exeter in May of 2010 and is a member of Exeter's board of directors.

"He led the development of Exeter into one of the premier
non-prime auto finance companies in the U.S.," AFSA declared.

Floyd held various executive management positions at AmeriCredit
where he was responsible for executive oversight of loan originations, customer
service and collections. He also has served as president of a private company
involved in the purchase and servicing of loan portfolios from the FDIC and has
served in various executive roles at several banks in the Dallas area.

AFSA indicated Paul is replacing retired member Steve Smith
on the AFSA board of directors and executive committee. Paul has more than 25
years of experience in the automotive and financial services industry.

Paul is responsible for all the national operations and
sales financing business as well as the corporate operations, marketing, risk
and product development groups supporting Honda Financial Services and Acura
Financial Services.

Just prior to joining Honda, Paul led Daimler Chrysler
Financial Services' efforts to develop and create an industrial loan bank in
Salt Lake City. He has held numerous other positions in the industry, including
co-founder of BMW Financial Services, serving as vice president over marketing,
sales and operations and later as chairman, president and CEO of BMW Bank of
North America and leading business development activities at Toyota Financial
Services.