Subprime auto lender Exeter Finance will have a new chief executive in two weeks.

Thomas Anderson, who has worked at Capital One Financial and Sallie Mae, will take over as CEO on Nov. 3, the Irving, Texas, lender said Tuesday.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.