Toyota Financial Services has announced the promotions of six senior executives. Chris Ballinger is promoted to senior vice president & CFO. Ballinger is responsible for Finance, Management Sciences and Global Treasury. Under Ballinger's leadership, TFS' capabilities in finance, accounting, analytics, tax and treasury have become significant drivers of TFS' success, and are strategic differentiators for the company's future growth. Mike Groff is promoted to senior vice president, Sales, Product & Marketing. Groff is responsible for Sales, Product, Marketing, Americas Region, Commercial Finance, and Vendor Management. Throughout his career, Groff has consistently focused on the customer and building a strong partnership with the Toyota and Lexus divisions. Groff is also very active with TFS in the areas of corporate social responsibility and serves as a National Trustee for the Boys & Girls Club of America. Al Smith is promoted to group vice president, Service Operations and Corporate Planning. Smith will continue to be responsible for all CSC and Field Services Operations; and Corporate Strategy, Communications, and Corporate Social Responsibility will now also report to him. Smith has held leadership roles at both TMS and TFS in a number of areas and was vice president, Lexus Customer Service, before re-joining TFS in April, 2011. Julia Wada is promoted to group vice president, Human Resources and Business Technology Solutions. She is responsible for HR, Real Estate and Operational Excellence; and BTS will now also report to her. Ron Guerrier is promoted to vice president, Business Technology Solutions and chief information officer and a member of the Management Committee. Ann Bybee, vice president, Corporate Strategy, Communications & Corporate Social Responsibility, will become a Management Committee member. Guerrier's promotion and appointment to Management Committee, and Bybee's appointment to Management Committee, are effective immediately. All other promotions and changes are effective Jan. 1, 2013.

Toyota Financial Services, or TFS and Lexus Financial Services, or LFS, have launched the Excess Wear & Use, or EWU, Protection Plan, the newest product to join the TFS/LFS portfolio. EWU is a protection plan offered to TFS/LFS lease customers that waives excess wear and use charges they would otherwise be responsible for paying at the end of their lease term. In addition, EWU simplifies the claims process with no claims forms to submit, no deductibles to pay and no reimbursements to request. EWU covers items that are beyond normal wear and tear, up to specified limits, including: Interior cuts, burns or stains; Damage to tires, rims or hubcaps; Broken or scratched windshield, window, mirrors or lights; damaged bumpers, body dents, dings or scratches; and Missing parts or equipment.

Toyota Financial Services Presents at The 11th Annual Auto Finance Summit 2011, Oct-26-2011 . Venue: Wynn-Encore Las Vegas, 3131 Las Vegas Blvd. South, Las Vegas, NV 89109, United States.