Auto Rental News
MenuMENU
SearchSEARCH

NextGear Capital Appoints New Division VP

NextGear Capital, a vehicle financing company, has announced the appointment of Todd Gunderson to the role of division vice president for the U.S. Eastern region.

by Staff
September 30, 2014
NextGear Capital Appoints New Division VP

Todd Gunderson has been appointed as NextGear Capital's division vice president for the U.S. Eastern region.

1 min to read


Todd Gunderson has been appointed as NextGear Capital's division vice president for the U.S. Eastern region.

NextGear Capital, a vehicle financing company, has announced the appointment of Todd Gunderson to the role of division vice president for the U.S. Eastern region.

"At NextGear Capital, we are about building relationships with each of our customers and it is imperative that we position the right people to help us grow these relational opportunities," said Shane O'Dell, chief operating officer of NextGear Capital. "Gunderson's diverse background in the automotive industry is precisely what we need to best serve our customers in the Eastern region."

Ad Loading...

Gunderson previously spent 16 years with Wells Fargo's auto finance division, where he moved up to senior vice president, credit operations for U.S. and Canada. He has also served as president of company store operations with J.D. Byrider and chief lending officer for Michigan Schools and Government Credit Union.

"The automotive industry is an ever-changing landscape with constant new challenges and opportunities,” said Gunderson. “As an established leader in the auto financing industry, NextGear Capital has an impressive business model and I'm excited to see what opportunities I'll get to tackle in this role."



More Rental Operations

Car rental sign with financial graph in background
Rental Operationsby Chris BrownAugust 2, 2026

Avis Cuts Fleet as Summer Demand Trails Expectations

Avis Budget Group increased second-quarter earnings despite lower Americas revenue and softer-than-expected summer demand. The company also expanded Avis First and advanced its autonomous fleet operations with Waymo.

Read More →
car rental booking engine on computer screen with text: Bookings aren't the whole story
Rental OperationsAugust 1, 2026

Why Bookings Are Only the Start of the Rental Day

A reservation captures demand. The operating test is whether the business can keep the customer, vehicle, commercial terms, and next action aligned until the rental is closed.

Read More →
Rental Operationsby Chris BrownJuly 31, 2026

This Is the Oldest Car Rental Advertisement You’ll Ever See

This ad for Saunders Drive it Yourself, believed to be the first car rental company in the U.S., was found in an Omaha phone book from 1926.

Read More →
Ad Loading...
A counter agent chats with a customer over a rental counter
Rental OperationsJuly 21, 2026

The Desk Upsell Is Costing Operators More Than it Earns

Counter upsells generate revenue, but they can also slow transactions, erode trust, and cost repeat business. Fully inclusive pricing may offer operators a better path to long-term value.

Read More →
U-Save Mauritius team

U-Save Expands Indian Ocean Presence with New Master Franchise for Mauritius

The franchise has been acquired by Mauritian travel entrepreneur Umarfarooq Omarjee, an established figure in the island's tourism and mobility sector.

Read More →
Back view of a remote driver in front of a screen delivering a car to a location.

Global Carsharing Fleet Projected to Reach 768,000 Vehicles By 2030

A new Berg Insight forecast outlines several business models driving the projected growth in public carsharing worldwide through 2029.

Read More →
Ad Loading...
green and blue bar graphs compare fleet sales June 2025 versus June 2026
Fleet Acquisitionby Martin RomjueJuly 8, 2026

Rental Car Fleet Sales Show Mid-Year Strength

June gains ensured rental fleets closed out the first half of 2026 in positive territory.

Read More →
Close up of a row of white CUVs in the Surprice Mobility fleet at the Milan airport.

Surprice Mobility Opens Corporate Rental Station at Milan Malpensa Airport

The Milan opening is part of Surprice Mobility's broader strategy to expand its corporate operations while increasing the use of technology across its network.

Read More →
Julian Gritsch with an MBA class in a classroom.

Brazilian Executive MBA Targets Growing Domestic Rental Car Industry

Rental car companies face a unique combination of challenges that are rarely addressed in traditional programs.

Read More →
Ad Loading...
Green Motion team with banner bearing Japanese flag.

Green Motion Expands Into Japan With Master Franchise Agreement

Japan's tourism industry, business travel market, and demand for vehicle rental services are reasons the country represents an important market for the company.

Read More →
Ad Loading...