CHERRY HILL, N.J. -

After being with the finance company for the past seven years, Marc Womack now is president and chief executive officer of TD Auto Finance.

According to a news release from TD Bank distributed on Thursday, Womack will oversee the expansion of TD Auto Finance in the U.S. market and drive integration between TD Auto Finance and TD Bank’s consumer business.

Womack will also join the TD Bank management committee. 

“TD Auto Finance benefits from enormous growth potential, and under Marc’s leadership, the business will be well positioned to further expand its presence in the U.S. market,” TD Bank president and CEO Greg Braca said.

“Marc is an experienced industry leader with a proven track record of transforming business strategies that drive growth and increase efficiency,” Braca continued. “I look forward to having him on my Management Committee as we work together to integrate TD Auto Finance with our consumer business.”

Womack, who will report to Ernie Diaz, Head of U.S. Consumer Distribution, Wealth & TD Auto Finance at TD Bank, brings more than 29 years in the banking industry to his new role.

Having spent the last seven years at TD, Womack most recently served as the chief operating officer for TD Auto Finance, leading commercial lending, dealer operations and sales. Previously, he worked as chief of staff for TD’s U.S. CEO and was head of U.S. product for TD Auto Finance.

Before joining TD Bank, Womack led JPMorgan Chase’s U.S.-based Jaguar/Land Rover auto financing business and was head of marketing for Hyundai Capital America.

“Marc brings an incredible depth of knowledge and experience to his new role, and I am excited to welcome him to the team,” Diaz said. “Likewise, I am looking forward to more deeply connecting TD Auto Finance to the Consumer team as we work together to continue delivering legendary, Unexpectedly Human experiences for all TD customers.”

Outside of work, Womack is active in his community. He currently serves on the board of directors for the American Financial Services Association, is a member of the board of directors for RouteOne and a member of the Executive Leadership Council.