After two years at the helm of the Fort Worth Hispanic Chamber of Commerce, Asusena Reséndiz has resigned as the organization’s president to return to school.
Reséndiz will be completing a master’s degree in nonprofit administration at the University of Notre Dame, said Larry Anfin, chairman of the Hispanic Chamber, in a letter to chamber members.
“Asusena and her team worked hard to move our organization forward and we thank her for service,” Anfin said.
Anfin will serve as interim president until a new leader is found. Reséndiz’s resignation was effective May 21. The Whitney Smith Co. is conducting a search with the goal of filling the spot by Aug. 1.
“I am proud of the many successes my staff and I have accomplished,” Reséndiz said in a statement.
Reséndiz joined the Fort Worth Hispanic Chamber in January 2013. Previously, she served three years as president and chief executive of the Irving Hispanic Chamber of Commerce.
Online car seller opens operations center in Blue Mound
Carvana, a Phoenix-based startup that sells used cars online and was named Forbes magazine’s fifth Most Promising Company for 2015, has opened a 30-acre operations center in Blue Mound.
The company recently issued a press release regarding the expansion, though it said the center is in Dallas. Pressed for an exact location, a spokeswoman said it’s actually in Blue Mound, a small community nestled between Fort Worth and Saginaw.
Because customers don’t actually go to the center, the company declined to provide an address.
Carvana buys pre-owned cars from consumers, fleets and auctions, and reconditions them for sale. It picks up and delivers vehicles directly to its customers. At the new operations center, cars will be reconditioned, photographed and housed before purchase.
Since launching in 2013, Carvana said it has seen more than 1,000 percent annual revenue growth and can now reach about 3.5 million customers with next-day delivery from Blue Mound as well as operations centers in Atlanta, Nashville, Charlotte and Birmingham, Ala. Otherwise, the cars are typically delivered within seven days, according to online reports.
“With sales already in 39 states, we are excited to further support the demand for online car buying with a larger inventory and bigger presence outside the Southeast,” said Ernie Garcia, Carvana’s founder and chief executive, in a statement.
All cars available on Carvana.com come with a 100-day, or 4,189 mile bumper-to-bumper warranty and a 7-day “test own” return policy.
Techcrunch.com recently reported that Carvana is trying to raise $300 million to expand nationwide.
Meridian Bank now owned by UMB
Meridian Bank Texas in Fort Worth has a new owner following the acquisition of its parent company by UMB Financial Corp.
UMB, based in Kansas City, announced the completion of its purchase of Marquette Financial Cos. from Minnesota’s Pohlad family last week. Marquette owned Meridian Bank, which had operations in Arizona and Texas. In North Texas, Meridian has two offices in Fort Worth, two in Dallas and one in Denton, and total assets of $442 million as of March 31.
In a telephone interview, Mike Hagedorn, president and chief executive of UMB Bank, said there would be no immediate changes at Meridian’s North Texas operations, but that the bank would convert to the UMB name sometime next year.
“Texas is a high-priority market for us,” Hagedorn said, saying UMB would be open to more acquisitions in Texas “to fill out our footprint.”
Andrea Ahles, 817-390-7631
Sandra Baker, 817-390-7727
Steve Kaskovich, 817-390-7773