America’s Car-Mart Appoints New Chief Financial Officer and Senior Vice President of Colonial Finance

America’s Car-Mart, one of the largest publicly held automotive retailers in the United States, has appointed Jonathan Collins as Chief Financial Officer and Marie Persichetti as Senior Vice President of Colonial Auto Finance. America’s Car-Mart partnered with Buffkin / Baker’s consumer practice leader David Alexander and Evan Wescott on the executive search.

Collins, the new CFO, joins America’s Car-Mart after a 13-year tenure at Walmart. During his time there, he held various global leadership roles, including Controller for Walmart Canada, Chief Accounting Officer for the Flipkart Group in India, and most recently, CFO for Walmart Africa. In this role, he oversaw all finance functions and real estate operations for more than 300 stores across eight countries in Africa, generating $5 billion in revenue. Prior to Walmart, he held consulting roles at KPMG in China, Australia and the U.S. Collins holds two bachelor’s degrees—one in Computer Science from Kennesaw State University and the other in Accounting from Western Governors University. He also earned two master’s degrees from the University of Illinois Urbana-Champaign: one in Accounting and an MBA.

With over 20 years of financial leadership experience, Persichetti, the new SVP of Colonial Auto Finance, joins America’s Car-Mart from Bayside Credit where she served as CFO. Her previous roles include CFO at AutoNation, Capital Markets Director at Santander Consumer USA, and VP of Product Business Development for Systems and Services Technologies at JP Morgan Chase, among others. Persichetti holds a Bachelor of Arts in Liberal Arts and Sciences and Mathematics from Syracuse University.

America’s Car-Mart, Inc. operates automotive dealerships in 12 states and is one of the largest publicly held automotive retailers in the United States focused exclusively on the “Integrated Auto Sales and Finance” segment of the used car market. The company emphasizes superior customer service and the building of strong personal relationships with its customers. America’s Car-Mart operates its dealerships primarily in smaller cities throughout the South-Central United States, selling quality used vehicles and providing financing for substantially all of its customers.