Bridgeforce Inc. Expands its Auto Finance Practice with Key Hire David Maginnis

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Auto finance expert and former Wells Fargo and DaimlerChrysler Financial Services Executive Dave Maginnis joins Bridgeforce to lead a focused auto finance effort.

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Bridgeforce Inc., a specialized multi-national consulting firm serving the lending and payments industry, today announced that David Maginnis, a highly accomplished executive with 25 years of leadership positions in auto finance, has joined Bridgeforce to lead a focused effort within the auto finance sector.

Dave will head a team charged with the strategic direction, operation and expansion of Bridgeforce’s Auto Finance Practice. Having held key positions at Wells Fargo Dealer Services, Allstate Dealer Services and DaimlerChrysler, Dave brings in-depth knowledge of the key lending, servicing, regulatory compliance and operational risk needs impacting the auto finance sector.

“We are thrilled that Dave has joined our team,” said Brian Reiss, Bridgeforce President. “Dave brings a proven track record and additional breadth and depth of experience in the key areas that are impacting both bank and non-bank auto lenders.”

Bridgeforce auto engagements have covered a range of auto lenders including major banks, captive finance companies and many specialty non-bank lenders. The company’s expanded capabilities in Auto Finance Practice will help auto-lenders better navigate the increasingly regulated environment, including the recent CFPB announcement indicating a greater focus on non-bank lenders as well.

About Bridgeforce
Bridgeforce is a specialized multi-national consulting firm serving a variety of clients involved in all aspects of the consumer and small business lending and payments space. Over 75 percent of Bridgeforce consultants come directly from client-side leadership positions across multiple parts of the credit lifecycle. Combined with subject matter expertise in operations, technology, strategy and regulatory issues, Bridgeforce has the knowledge and experience to make the hard choices in developing and implementing best-fit solutions that are both achievable and lower the risks of execution to ensure sustainability. The Bridgeforce success can be attributed to a culture fostering innovation and evolving experienced-based best practices recognized within the industry.

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Andy Feld