December 1, 2023

Repo Buzz

Collateral Recovery Repossession News And Directory

KAR Global Promotes 3

CARMEL, Ind. – 

KAR Global announced three leadership promotions across its wholesale-market enterprise on Tuesday morning.

The new appointments include Mike Caggiano as executive vice president of U.S. operations at ADESA, Scott Meyer as vice president of reconditioning services and finance at ADESA, and Richard Carpentier as head of inspection solutions at KAR Global.

In explaining the moves, KAR Global president Peter Kelly said, “As KAR continues to focus externally on delivering advanced tools to support customer growth and digital transformation of the industry, our internal attention is on ensuring we’ve got the best leaders at the wheel.

“These recent promotions will help KAR form stronger partnerships to fully understand customer challenges and develop cohesive solutions throughout the remarketing lifecycle,” Kelly continued in a news release.

KAR Global described Caggiano as a “high-performing” industry veteran with more than 20 years of auction management experience with the company, most recently as executive vice president of ADESA’s Eastern region.

In his new position, the company said Caggiano will oversee all U.S. auction operations, including 59 locations, enhancing ADESA’s excellence in service delivery and auction experience.

With more than 15 years of remarketing leadership experience, KAR Global indicated Meyer will continue to oversee finance at ADESA while taking on an expanded role leading KAR’s enterprise reconditioning services. KAR provides commercial and wholesale customers a full range of reconditioning services available nationwide at ADESA auction facilities and via Dent-ology’s rapid response mobile services, ensuring inventory is retail-ready.

“ADESA remains focused on enhancing the total remarketing experience by creating new possibilities and driving value for buyers and sellers,” ADESA chief operating officer Srisu Subrahmanyam said. “In their new positions, Mike and Scott will lead with vision and ingenuity, ultimately facilitating a more progressive inventory liquidation, reconditioning and sourcing customer experience.”

Meanwhile, the company also highlighted Carpentier will lead KAR Global Inspection Solutions, leveraging technology and capabilities from across KAR — including AutoVIN, TradeRev, ADESA and DRIVIN — to add consistency, improve quality and create a more streamlined and seamless inspection process for dealers, retail customers and commercial clients.

Boasting more than 25 years of vehicle inspection management expertise, KAR Global noted that Carpentier will also continue to serve as AutoVIN’s chief operating officer.

“With two decades of experience and millions of inspections complete, KAR has earned a reputation for accuracy and reliability unsurpassed in the industry,” Subrahmanyam said. “As Richard takes the helm, our focus is on delivering one comprehensive solution, incorporating advanced technology for precise in-house inspections and self-service applications.”

error: Content is protected !!