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NEW YORK - Toyota Motor Credit Corporation (TMCC) announced Wednesday that Tellis Bethel has been appointed as Group Vice President and Chief Financial Officer, effective September 30, 2025.
Bethel, 49, replaces James Schofield, who resigned from the CFO position to become President of Toyota Financial Savings Bank (TFSB), according to a Form 8-K filing with the Securities and Exchange Commission.
Bethel will maintain his current role as Chief Executive Officer of TFSB, a position he has held since August 2024. His previous experience includes serving as Group Vice President and Chief Social Innovation Officer for Toyota Motor North America from June 2022 to August 2024.
Before that, Bethel was Vice President of Voluntary Protection Products for TMCC from January 2021 to June 2022, and General Manager of Finance and Business Analytics from April 2019 to January 2021, where he oversaw finance functions and analytics for sales and marketing.
Bethel joined TMCC in 2010 and brings over 15 years of experience with the company to his new role.
The leadership changes were disclosed in a regulatory filing submitted to the SEC on September 30, 2025, based on a press release statement from the company.
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