The MEI Group in Arlington, Texas, publicly announced the appointment of Nehad Dwikat to President of Automotive Sales and Finance.
Dwikat’s appointment was effective May 1. Dwikat, who in April led NIADA 20 Group members on a tour of the MEI Group headquarters and several dealerships, has been with the company for 17 years. Staring out as an accountant, he witnessed the company’s remarkable growth from a small establishment with only two dealerships to a formidable conglomerate with more than 20 registered companies in various sectors, employing more than 350 personnel. His extensive business knowledge and unwavering commitment to excellence have been instrumental in MEI’s financial success, generating hundreds of millions in revenue annually.
“It was a truly humbling experience,” Dwikat said. “I am honored to lead the Automotive and Finance division and am committed to its success. I will carry on Mr. [Sam] Mahrouq’s vision for the MEI Automotive and Finance divisions of the group. We have an unwavering commitment to our community and charities. Our top priority is to provide our employees and their families with the absolute best workplace environment. Our ultimate goal is to exceed our customers’ expectations by delivering high-quality, dependable, and reasonably priced vehicles.”
Dwikat aims to improve the automotive sales and finance division by utilizing MEI’s resources to acquire high-quality vehicles at competitive prices. He plans to enhance inventory acquisition and leverage technology and innovation to empower the insurance sector within MEI.
Maintaining compliance is a key focus for Dwikat, especially in the regulated areas of automotive, finance and insurance. To ensure regulatory adherence, MEI has a dedicated in-house compliance team and partners with reputable legal firms specializing in consumer financing.
“Nehad’s appointment as President of MEI Automotive and Finance is a strategic move for our organization,” Mahrouq said. “His exemplary leadership and visionary approach to growth make him the ideal candidate for this position. We firmly believe that Nehad will further propel MEI Group’s success and elevate our position in the market.”
