Toyota Financial Services Announces Executive Changes

Toyota Financial Services (TFS) has unveiled a round of executive reshuffles, effective immediately. Tellis Bethel, previously group vice president and chief financial officer of Toyota Motor Credit Corporation (TMCC) and Toyota Financial Services International Corporation (TFSIC), as well as CEO of Toyota Financial Savings Bank (TFSB), has been promoted to senior vice president and chief financial officer of TMCC and TFSIC, and CEO of TFSB. The move underscores Bethel’s expanded oversight across TMCC, TFSIC, and TFSB operations, reflecting the growing complexity of his role and his leadership contributions. Ellen Farrell, who served as group vice president and TFS chief legal, compliance and administrative officer, and TFS and Toyota Motor North America (TMNA) chief respect for people officer, will transition to an executive advisory role at TFS.

TFS praised Farrell’s guidance in strengthening the company’s legal and compliance frameworks, and expressed enthusiasm for continuing collaboration in her new capacity. Stacie Bambauer, currently vice president and general counsel, has been named TFS chief legal and compliance officer. Bambauer brings deep expertise in legal and regulatory challenges alongside strong leadership skills. Kris Pritchard, vice president of risk, has been promoted to group vice president of risk and indirect procurement shared services.

Pritchard’s track record in managing credit, residual, and operational risk in volatile markets has been instrumental in TMCC’s stability, and his expanded role now includes oversight of TMCC’s and TMNA’s indirect procurement activities. Toyota Financial Services operates as the financial arm of Toyota in the United States, providing retail auto financing and leasing through Toyota Motor Credit Corporation (TMCC) and Toyota Lease Trust. The company also delivers vehicle and payment protection products via Toyota Motor Insurance Services (TMIS) and services Lexus dealers and customers under the Lexus Financial Services brand. As of March 31, 2025, TFS employed roughly 3,800 team members nationwide and held assets exceeding $150 billion.

TFS is part of a global financial services network under Toyota Financial Services Corporation, a wholly-owned subsidiary of Toyota Motor Corporation. Material financial updates are shared through the investor relations section of the company’s website and SEC filings, with additional communications via press releases and social media channels including Facebook and Instagram.