You can edit almost every page by Creating an account. Otherwise, see the FAQ.

Hankey Group

From EverybodyWiki Bios & Wiki


Hankey Group
ISIN🆔
Founded 📆
Founder 👔Don Hankey
Area served 🗺️
Key people
Bret Hankey, President Amit Shah, COO
Total assets4 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[edit]

  1. 1.0 1.1 1.2 "Company Overview of Hankey Group". Bloomberg LP. Retrieved January 2, 2017.
  2. 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. 3.0 3.1 "Paul Simmons Joins Hankey Group as President and Chief Operating Officer". Business Wire. August 14, 2014. Retrieved January 2, 2017.
  4. "Westlake History (1978 to present)". Westlake. Retrieved September 5, 2015.


This article "Hankey Group" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Hankey Group. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.