LGM names new president

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Jeffrey Fallowfield has been named the new president of LGM.

“As a strategic business leader, Jeff has had a successful track record leveraging the unique combination of a sound financial base and deep operational experience,” the company said in a release this week.

Fallowfield has held a number of roles in automotive finance from start-ups to divestitures with portfolios as large as $9 billion. Immediately prior to this appointment, he worked at the Royal Bank of Canada as interim head of indirect lending.

“With a close affinity to the automotive industry for the past 12 years, we are confident that Jeff will be a quick study into the world of LGM,” says LGM CEO, Adam Hill.

“We are very fortunate to have acquired a senior industry executive such as Jeff.  With his reputation for results and ethical business practices, I am very confident LGM will continue along its path of success.”

As a chartered accountant and “results-oriented business builder,” Hill says Fallowfield will drive profitability through an open, inclusive and team based approach

He starts with LGM April 4.