Garden City, N.Y.—Chase has named industry veteran Randy Beil as vice president and national manager of its vehicle remarketing group.  His team is responsible for selling repossessed and off-lease vehicles to consumers and through dealer, Internet and auction channels.

Beil, who is based in Phoenix, brings more than 20 years of experience in auto finance to his new role at Chase.  Most recently, he managed corporate and special sales for all internal and external fleets at BMW of North America.

He also has held key management positions in BMW Financial Services, including vehicle sales and remarketing general manager, national remarketing manager and national auction manager.

He earned a bachelor’s degree in marketing management with an economics minor from Duquesne University in Pittsburgh.

About Chase Auto Finance
Chase Auto Finance, together with its affiliates, is a leading provider of auto financing in the country.  Parent company JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

 10/19/10