Doosan Bobcat announced the retirement of George Macia, president of Doosan Bobcat Capital Solutions (DBCS), following 22 years of service. Chad Yoshinaka has been appointed president to succeed Macia following a planned leadership transition.
DBCS is the captive financing arm of Doosan Bobcat and provides a wide range of financial solutions, including leasing, hire purchase and financing options, as well as special programs and partnerships with lending institutions to support equipment purchases.
“On behalf of our company, I want to express our appreciation to George for his exceptional leadership and long-standing dedication,” said Scott Park, CEO and vice chairman, Doosan Bobcat Inc. “Under his guidance, DBCS has delivered innovative capital solutions to empower our dealers and customers, strengthened our financial services strategy and supported growth across our entire business ecosystem.”
Macia joined Doosan Bobcat in 2003 and led DBCS since 2020. During his tenure, he expanded its portfolio of customer-focused financing options and introduced industry-leading solutions such as fixed monthly investment plans, pay-as-you-earn options, pre-determined purchase options and special offers such as low-interest financing and rebates on new equipment.
“As I conclude my time leading DBCS, it has been a privilege to work alongside our dedicated team and build strong collaborations with our dealers and lending partners,” said Macia. “I am confident that under Chad’s leadership, DBCS is well-positioned for continued success.”
Yoshinaka brings extensive financial services experience with leadership roles at Wells Fargo, Truist Financial, GE Capital and CoreLogic. His prior involvement with Doosan as a program leader at Wells Fargo gives him direct insight into dealer financing needs and Bobcat’s operational landscape.
“Chad’s strategic mindset, industry expertise and familiarity with our dealer network make him exceptionally well suited to lead DBCS into its next chapter,” Park added.
“I’m honored to lead DBCS at a time when flexible financing solutions play a critical role in supporting dealer growth,” said Yoshinaka. “I look forward to building on George’s strong foundation and expanding our value to customers.”
Macia and Yoshinaka collaborated closely during recent months to ensure a seamless leadership transition.