KAR Announces Launch and Leadership of New ‘KAR Remarketing Services’ Operating Segment
August 10 2017 - 7:00AM
KAR Auction Services, Inc. (NYSE:KAR), a global vehicle remarketing
and technology solutions provider, announced the creation of its
new KAR Remarketing Services operating segment. David Vignes will
serve as president of KAR Remarketing Services, which aligns the
company’s AutoVIN, Dent Demon, High Tech Locksmiths, and PAR North
America businesses.
“KAR’s goal is to provide a simplified, seamless
experience across its end-to-end remarketing platform,” said
Vignes. “The alignment of these businesses allows us to deliver the
full range of inspection, recovery, reconditioning and repair
services both in the lanes and on the road. We look forward to
building on our successful foundation and expanding our integrated
offerings to serve our diverse whole car, salvage and buyer and
seller customers.”
Vignes previously served as KAR’s executive vice
president of enterprise optimization, and has been promoted to the
role of president, KAR Remarketing Services. In addition to his new
responsibilities, Vignes will continue to oversee KAR’s enterprise
safety efforts. Vignes also led the development of KAR’s
industry-leading “Safe T. Sam” program, which is available to all
National Auto Auction Association (NAAA) members.
As part of this organizational alignment, Lisa
Scott has been named president of PAR North America reporting to
Vignes. PAR is the leading U.S. provider of vehicle transition
services with coast-to-coast solutions for recovery management,
skip tracing, remarketing and title services.
“It’s an exciting time to be part of KAR, and I am
thrilled to take the lead at PAR North America,” said Scott. “I
worked very closely with our customers at ADESA Canada, and I’ve
seen and heard their needs firsthand. I look forward to
collaborating with my colleagues to develop the next generation of
integrated remarketing solutions.”
Prior to this role, Scott held a variety of positions at ADESA
Canada, including senior vice president of sales, marketing and
operations, general manager, and, most recently, chief client
officer. She has also served on several industry boards, including
chair of the Canadian committee of the National Auto Auction
Association (NAAA) and co-chair of the Canadian chapter of the
International Automotive Remarketers Alliance (IARA).
“Lisa was a visionary leader for ADESA Canada with a strong
track record of creating deep customer relationships. Her 25 years
of experience, broad understanding of the marketplace and her
passion for our industry will continue to benefit our company and
our customers,” said Vignes.
KAR
Contacts |
|
Media
Inquiries: |
Analyst
Inquiries: |
Tobin
Richer |
Mike
Eliason |
(317)
249-4521 |
(317)
249-4559 |
tobin.richer@karauctionservices.com |
mike.eliason@karauctionservices.com |
About KAR Auction Services KAR
Auction Services (NYSE:KAR) provides sellers and buyers across the
global wholesale used vehicle industry with innovative,
technology-driven remarketing solutions. KAR’s unique end-to-end
platform supports whole car, salvage, financing, logistics and
other ancillary and related services, including the sale of more
than 5.1 million units valued at over $40 billion through our
auctions. Our integrated physical, online and mobile marketplaces
reduce risk, improve transparency and streamline transactions for
customers in 110 countries. Headquartered in Carmel, Ind., KAR has
approximately 17,400 employees across the United States, Canada,
Mexico and the United Kingdom. www.karauctionservices.com.
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