BNET Industries
Last Fiscal Year Sales:$900.1M
- Private
- US
Dow Jones Description
Provider of Consumer Auto Loans
Senior Vice President & Treasurer
J. Keith PalmerNumber of Employees 12
Peer Companies
NAICS Code All Other Nondepository Credit Intermediation: 522298
News & Analysis
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westcorp and wfs financial inc. - All News and Analysis
WFS Financial Reports Third Quarter Results
- 2005-10-25
IRVINE, Calif. -- WFS Financial Inc:-- Third quarter net income increased 66% to $63 million -- Earnings per share increased 66% to $1.54 per share -- Contract originations grew 15% to $2.1 billion WFS Financial Inc (Nasdaq:WFSI) reported that net income increased 66% to $63.4...
Westcorp Proposes To Acquire Outstanding Minority Interest in WFS Financial Inc
- 2002-07-17
Business Editors Westcorp (NYSE:WES) today announced that it has proposed to acquire the outstanding 16% minority interest in WFS Financial Inc ("WFS") (Nasdaq:WFSI), representing approximately 6.6 million common shares, through a merger of WFS into Western Financial Bank ("WFB"), Westcorp's wholly owned subsidiary. WFB currently holds 84% of WFS...
WFS Financial Inc Receives Proposal from Westcorp to Acquire Outstanding Minority Interest
- 2002-07-17
Business Editors WFS Financial Inc ("WFS") (Nasdaq:WFSI) today announced that its board of directors has received a proposal from Westcorp (NYSE:WES) in which Westcorp has offered to acquire the outstanding 16% minority interest in WFS, representing approximately 6.6 million common shares through a merger of WFS with Western Financial...
Westcorp Announces the Appointment of a New President
- 2002-02-08
Business Editors IRVINE, Calif.--BUSINESS WIRE--Feb. 8, 2002 Westcorp (NYSE:WES), whose principal subsidiaries are WFS Financial Inc (Nasdaq:WFSI) and Western Financial Bank, announced today that Tom Wolfe, the president of WFS Financial will assume the added duties and titles of president of Westcorp and chief executive officer of WFS...
Westcorp Seen Weathering Hard Times
- 1998-05-25
It's been a rough year for Irvine-based financial services company Westcorp and affiliated entities. The company in recent months has been hit with a rash of loan losses, the departure of two key executives, the exodus of employees in a collections department, a bond rating downgrade and falling stock prices....
Westcorp Seen Weathering Hard Times
- 1998-05-25
It's been a rough year for Irvine-based financial services company Westcorp and affiliated entities. The company in recent months has been hit with a rash of loan losses, the departure of two key executives, the exodus of employees in a collections department, a bond rating downgrade and falling stock prices....
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| J. Keith Palmer | Senior Vice President & Treasurer |
| Jeffrey D. Pratt | |
| Jennifer Heil | |
| Duane A. Nelles | Director |
| Organization | Position | Status |
|---|---|---|
| Wfs Financial, Inc. | Senior Vice President & Treasurer | Current |
| Wachovia Bank, N.A. | Vice President & Treasurer | Current |
Jeff is a professional financial institutions executive with over 15 years of experience in risk management. He is the former senior vice president of Westcorp, a $3 billion NYSE traded holding company whose primary subsidiaries are Western Financial Bank and WFS Financial, Inc., a publicly held auto finance company traded on NASDAQ.
| Organization | Position | Status |
|---|---|---|
| Wachovia Bank, N.A. | Senior Vice President | Current |
| Downey Financial Corp. | Senior Vice President | Current |
| Lenders Technology, Inc | Senior Advisor | Current |
| Wfs Financial, Inc. | Current | |
| Western Financial Bank | Current | |
| Option One Mortgage Corporation | Senior Manager for Portfolio Risk | Former |
| Tehran University | Former | |
| Wachovia Bank, N.A. | Managing Member | Former |
Jennifer leads the partner management and product development groups for Fourth Fleet Financial. She has previously held management roles at WFS Financial, E-Loan, and HSBC where she worked in both the Indirect Dealer and Online Consumer channels. She has dedicated her 20 year career to the field of business management and has gained her experience in senior automotive financing roles with other Fortune 100 companies and start-ups. She has broad experience in influencing automotive operations, business development and communications agendas on a national basis. She has played an active role in companies dealing with explosive entrepreneurial growth, significant turn-around environments, rapid national expansion, acquisitions and divestitures in extremely competitive environments. Jennifer received her Bachelors in Business Administration from the University of Phoenix and is an MBA candidate for June 2007.
| Organization | Position | Status |
|---|---|---|
| Fourth Fleet Financial, Inc | Vice President of Partner Management and Product Development | Current |
| HSBC Auto Finance | Current | |
| E-LOAN, Inc. | Current | |
| Wfs Financial, Inc. | Current | |
| University of Phoenix | Bachelors In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Wfs Financial, Inc. | Director | Current |
| QUALCOMM Incorporated | Board of Directors | Current |
| PricewaterhouseCoopers | partner | Former |
| University of Michigan | M.B.A. Degree | Former |
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Glass Door
Financial Services Industry Companies
| Company | Employer Rating |
| Wells Fargo |  |
| U.S. Bank |  |
| Bank of America | |
| Wachovia | |
| JPMorgan Chase | |
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