Dawn Martin Harp, head of Wells Fargo Dealer Services, will retire April 1 after more than 20 years with the lender.
The company will look internally and externally for her replacement.
Through September, Wells Fargo was the No. 1 auto lender in the U.S. with 897,578 originations, according to CU Direct and Experian.
Martin Harp, 57, became the leader of Wells Fargo Dealer Services in 2011. During her six-year tenure, she “focused on building and strengthening relationships with dealer customers for both consumer and commercial finance needs,” a company statement said today. Wells Fargo’s auto lending portfolio grew to more than $60 billion under her leadership, it said.
“Under Dawn’s leadership, Wells Fargo continued to build our market leadership position in the auto finance business,” Franklin Codel, head of Wells Fargo Consumer Lending, said in the statement. “She moved our business forward to where we now work with more than 14,000 auto dealers, helping more than 3.7 million customers finance affordable vehicle transportation.”
Martin Harp was COO for Wells Fargo Dealer Services before leading the business. She also was chief information officer and the director of network computing at WFS Financial. She sits on the board of the American Financial Services Association and is a member of its auto finance committee and women’s leadership council. Martin Harp is also a member of Wells Fargo’s Consumer Lending Group Diversity and Inclusion leadership committee, the statement said.
“One of Dawn’s greatest legacies at Wells Fargo will be her commitment to diversity and local communities,” Codel said. “She is a champion for developing diverse talent and identifying future leaders across the industry and in Wells Fargo. We will miss her and congratulate her on a great career that impacted customers, team members, and the communities we serve.”
In retirement, Martin Harp plans to focus on her family and love for travel, a spokeswoman for Wells Fargo said.