KAR AUCTION SERVICES, INC.

(KAR)
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KAR Auction Services : New General Managers Announced at Eight ADESA Locations

12/16/2021 | 10:19am EDT

ADESA, a business unit of global wholesale used vehicle digital marketplace operator KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), announces new general managers at eight U.S. locations: Michele Arguijo at ADESA Austin, Amy Coley at ADESA Washington, D.C., Sheldon Jones at ADESA Little Rock, Derek Kline at ADESA PA, Sean O'Connell at ADESA Colorado Springs, Lisa O'Neil at ADESA Atlanta, Rod Thompson at ADESA Tampa and Alfie White at ADESA Birmingham.

"All of the new GMs are proven leaders who demonstrate industry-knowledge and customer obsession," said Srisu Subrahmanyam, chief operating officer of ADESA. "We're excited to have these new leaders in place at our vehicle logistics centers as we continue to evolve our digital-first approach, supported by our vast physical infrastructure."

Michele Arguijo, GM ADESA Austin

With ADESA Austin for more than 13 years, Arguijo has held various management positions across fleet and dealer sales, overseeing both departments in 2017. With more than 25 years of industry experience, Arguijo began her career at a local mechanic shop as a service writer and bookkeeper, and then joined DriveTime Used Cars where she was promoted to recon shop manager.

Amy Coley, GM Washington, D.C.

Coley has worked in the automotive industry for more than 16 years. Prior to working as the Assistant GM at ADESA Washington, D.C., Coley got her start working in repairs-managing everything from collision repairs to full express repair centers. She brings a strong customer service background and digital focus.

Sheldon Jones, GM ADESA Little Rock

Jones brings more than 12 years of management experience to ADESA Little Rock ranging from the auto to financial industries. He is no stranger to the KAR Global family, as he managed three salvage auctions for the company prior to their spin-off.

Derek Kline, GM
ADESA PA

Kline has been with ADESA PA for almost four years and most recently held the commercial accounts manager position. Prior to joining ADESA, Kline held various positions in the automotive industry with companies like Enterprise Rent-A-Car where he quickly rose through several management roles with increasing responsibilities.

Sean O'Connell, GM ADESA Colorado Springs

With more than 25 years of auction and remarketing experience, O'Connell brings a veteran presence to ADESA Colorado Springs. He was the assistant GM at the AutoNation auction in Atlanta for the last four years where he refined his retail knowledge of the business. Prior to that, O'Connell served as the AFC branch manager in Atlanta.

Lisa O'Neil, GM
ADESA Atlanta

O'Neil has held numerous positions throughout her 18 years with ADESA. Most recently, she served as the GM of ADESA Tampa and prior to that, the Assistant GM of ADESA Atlanta. She is known for her powerful client relationships and strong leadership skills, both of which foster a great customer experience.

Rod Thompson. GM
ADESA Tampa

Thompson brings 25 years of experience in the automotive industry to ADESA Tampa. A veteran in the industry, he has done everything from owning a motorsport dealership to leading ADESA Tulsa. Prior to his current position, he spent the past few years as an executive sales director for KAR Global.

Alife White, GM
ADESA Birmingham

Part of the ADESA family for more than 32 years, White started in the detail shop and over time grew his experience and responsibilities-from manager of the fleet lease and commercial department to assistant general manager and operations manager of ADESA Birmingham in 2012.

ADESA is a leading provider of digital marketplaces for wholesale used vehicles supported by more than 70 vehicle logistics center locations across North America. ADESA's progressive technology, data-driven tools and industry leading customer support are helping make wholesale easy so its OEM, financial institution, rental, fleet, and franchise and independent dealer customers can be more successful. Learn more about ADESA here.

Disclaimer

KAR Auction Services Inc. published this content on 16 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2021 15:18:14 UTC.


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Financials (USD)
Sales 2022 1 579 M - -
Net income 2022 30,9 M - -
Net Debt 2022 457 M - -
P/E ratio 2022 171x
Yield 2022 -
Capitalization 1 762 M 1 762 M -
EV / Sales 2022 1,41x
EV / Sales 2023 1,28x
Nbr of Employees 8 928
Free-Float 98,5%
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Managers and Directors
Peter J. Kelly Chief Executive Officer & Director
Eric Michael Loughmiller Executive VP, Chief Financial & Accounting Officer
James P. Hallett Executive Chairman
Michael T. Kestner Lead Independent Director
J. Mark Howell Independent Director
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