On September 23, 2022, Consumer Portfolio Services, Inc. announced that it has appointed Denesh “Danny” Bharwani as its Senior Vice President - Finance. Mr. Bharwani, 54, has been the Company's Senior Vice President – Finance since April 2016. He was previously the Company's Vice President – Finance from June 2002, and joined the Company as Assistant Controller in August 1997.

The Company also announced the retirement of Jeffrey P. Fritz as its Executive Vice President – Finance. Mr. Fritz will remain as a non-executive employee of the Company through December 31, 2022, during which time he will serve as an adviser to the Company's senior management, with a focus on facilitating the orderly transition of his responsibilities to Mr. Bharwani. Mr. Fritz has served as the Company's Chief Financial Officer for well over 20 years.