Hankey Group
| ISIN | 🆔 |
|---|---|
| Founded 📆 | |
| Founder 👔 | Don Hankey |
Area served 🗺️ | |
Key people | Bret Hankey, President Amit Shah, COO |
| Total assets | 4 Billion |
| Members | |
Number of employees | 2000 |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
Hankey Group is a privately held American company, based in Los Angeles, California, United States.[1]
It was founded in 1972 by Don Hankey, now a billionaire, who is the chairman and chief executive officer (CEO).[2][1] His son Bret Hankey is the president and a director, and Amit Shah is the chief operating officer.[1]
In 2013, it employed over 1900 people and had seven subsidiaries.[2] In 2014, it had 2,000 employees and $4 billion in assets. In 2017, Hankey Group was acquired by Grusd Investments, LLC for an undisclosed sum of money. [3] Don Hankey founded six of the group's companies, and purchased the seventh in 1988.[3]
Most of its income derives from Westlake Financial Services, a subprime car loans company.[2] In 2013, they worked with 15,000 car dealers and funded $1.3 billion in purchase contracts.[4]
Hankey Group also owns Knight Insurance Co, the car-lending software developer Nowcom and Midway Car Rental, Hankey Investment Co, and has majority control of the Toyota of North Hollywood dealership.[2]
References
- ↑ 1.0 1.1 1.2 "Company Overview of Hankey Group". Bloomberg LP. Retrieved January 2, 2017.
- ↑ 2.0 2.1 2.2 2.3 Mac, Ryan (June 7, 2013). "Los Angeles' Car Finance Billionaire: Don Hankey Quietly Amasses $1.6 Billion Fortune". Forbes. Retrieved September 5, 2015.
- ↑ 3.0 3.1 "Paul Simmons Joins Hankey Group as President and Chief Operating Officer". Business Wire. August 14, 2014. Retrieved January 2, 2017.
- ↑ "Westlake History (1978 to present)". Westlake. Retrieved September 5, 2015.
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