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Bennie Duck

Chief Financial Officer & Executive Vice President

Angel InvestorsSeed Round
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At a glance

Full Name
Bennie H. Duck
Title
Executive Vice President, Chief Financial Officer, and Treasurer
Firm
First Investors Financial Services Group Inc. / Stellantis Financial Services US Corp.
Firm Type
Automobile finance company / personal credit institution
Sector Focus
Auto finance, consumer credit, corporate finance, lending
Geographic Focus
United States
Location
Houston, Texas

Background

Bennie H. Duck is a finance executive associated with First Investors Financial Services Group Inc., the auto-finance company now known in SEC filings as Stellantis Financial Services US Corp. SEC filings identify the company’s business address as 5757 Woodway Drive, Suite 400, Houston, Texas, and classify it under SIC 6141, “Personal Credit Institutions.”

First Investors’ 2006 proxy statement says Duck joined the company in May 1996 as Executive Vice President, Secretary, Treasurer and Chief Financial Officer. The same filing says he previously spent ten years at Bank of America in several roles, most recently as Vice President of Corporate Finance, with responsibilities including corporate lending and capital-market activities for high-yield and high-grade clients. His earlier experience included middle-market lending, corporate finance, and real-estate construction lending.

A March 15, 2007 Form 8-K states that First Investors entered into an employment agreement with Duck on March 12, 2007, identifying him as Executive Vice President, Chief Financial Officer, and Treasurer. The company’s 2007 Form 10-K also lists an employment agreement between First Investors Financial Services, Inc. and Bennie H. Duck dated March 12, 2007, and shows him signing as Vice President and Chief Financial Officer.

First Investors describes itself as an automobile finance company founded in 1988 to serve special-finance needs of automobile dealers and consumers. Its business model includes indirect lending, direct lending, portfolio acquisitions, and third-party servicing; the company says its servicing subsidiary is authorized to service accounts in all 50 states and the District of Columbia.

Investment Thesis & Focus

  • I found no verifiable public evidence that Bennie H. Duck operates as an angel investor, publishes an angel-investing thesis, or has a disclosed seed-stage portfolio.
  • His documented professional focus is finance and credit: corporate finance, corporate lending, capital markets, middle-market lending, real-estate construction lending, and auto finance.
  • Based on First Investors’ stated business, his relevant domain context is auto finance, non-prime/subprime consumer credit, indirect and direct auto lending, portfolio acquisition, and third-party loan servicing.

Notable Investments

  • No verified angel investments or personal portfolio companies were found in public sources reviewed.
  • First Investors Financial Services Group: Duck was a senior finance executive at the auto-finance company, not a disclosed venture investor in it.

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