Veros Credit on Monday recapped the addition of several key executives as part of its strategic initiative to expand operations and strengthen its presence across the United States.

By leveraging cutting-edge systems and models to enhance the user experience of both dealers and customers, the subprime auto finance company said it is well-positioned to take on a greater share of the market.

In September, Bill Katafias joined Veros Credit as senior vice president of franchise and major accounts.

Katafias brings more than 20 years of leadership experience in auto finance, having previously served as CEO of Mechanics Bank Auto Finance, a division of Mechanics Bank, and as executive vice president of Wells Fargo Dealer Services.

At Veros Credit, Katafias will lead the company’s efforts to enhance and expand its relationships with franchise dealers and large independent dealer groups, ensuring that Veros Credit continues to meet the unique needs of its dealer partners.

In August, Kevin Voong was appointed vice president of finance and capital markets.

Veros Credit highlighted Voong’s extensive experience in capital markets includes roles such as corporate treasurer at Lendistry and Toyota Financial Services.

The company said Voong’s expertise will be instrumental in strengthening Veros Credit’s financial strategy, positioning the company for long-term stability, even in the face of economic headwinds.

In June, Antonio Arredondo joined Veros Credit as vice president of accounting and controller.

With nearly a decade of experience in accounting, Veros Credit said Arredondo will play a critical role in enhancing the company’s financial and accounting infrastructure.

Arredondo’s role will support Veros Credit’s ongoing commitment to streamline operations and improve overall performance as the company continues to grow.

“As we look ahead to 2025 and beyond, we are incredibly excited about the opportunities before us,” Veros Credit CEO Cyrus Bozorgi said in a news release.

“The addition of these exceptional leaders to our team will enable us to accelerate our growth plans, with a strong focus on leveraging technology to enhance the dealer and customer experience,” Bozorgi continued. “Their expertise will be invaluable as we expand our footprint and deepen our relationships in key markets across the United States.”