Kate Peters

Katherine (Kate) Peters joined Westlake Financial on April 1, 2013, as a Risk Analyst, working under Chris Urban and Sara Hosseiny. She was promoted to Senior Risk Analyst and Supervisor before transferring to Westlake Flooring in January 2017. By January 2021, Flooring Operations was moved under her oversight, and in August 2021, she was promoted to Director of Flooring Risk. In January 2023, Flooring Loss Mitigation was also moved under her, leading to her promotion to AVP of Flooring Risk.

Peters graduated in 2011 with a Bachelor of Arts in Mathematics from Saint Mary’s College in Notre Dame, IN.

In her current role as AVP of Flooring Risk, Peters is primarily responsible for protecting company assets. She oversees all reporting and analysis and manages the day-to-day operations of vehicle flooring, which includes tracking and monitoring inventory, funding inventory, customer service, implementing process improvements, and ensuring adherence to company policies. As head of Loss Mitigation, she optimizes the collections and processes related to defaulted and charged-off accounts.

Peters has made significant contributions to the company, including building comprehensive and standardized reporting, automating processes across multiple departments, and driving the growth of the company from a portfolio of just over $100 million in 2017 to over $400 million and from $0 net income in 2017 to over $45 million in 2023.

Her primary goals for the future of Westlake Flooring include continuing to grow the portfolio and net income through automation and system development and improvements.