Location Services Adds Paul Seger To Head Remarketing

FOR IMMEDIATE RELEASE:

Industry Veteran Paul Seger Joins Location Services, LLC as Chief Remarketing Officer
Indianapolis, IN, December 5, 2024. Location Services, LLC, the fastest-growing forwarding
company in the servicing industry, is excited to announce the hiring of Paul Seger as Chief
Remarketing Officer.

“We are thrilled to announce that Paul Seger is joining our organization as our Chief Remarketing
Officer,” said Jerry Kroshus, CEO of Location Services. “Paul’s extensive background in remarketing
is unprecedented. He is a very well respected leader who has done so much for the industry. We
are looking forward to him working with our current team and our newly acquired remarketing group
from Strategic Remarketing Solutions (SRS).”

Paul has accomplished much over his 37 plus year career at GE and Element Fleet Corporation. He
was instrumental in navigating the Consumer Finance business through several challenging cycles
in the automobile industry and was responsible for mitigating millions of dollars in forecasted
residual value losses. In addition, Paul is a GE Six Sigma Green Belt with multiple quality
improvement projects to his credit and was also a Warren Young Fellow award recipient in 2005.
Paul led the launch of GE’s automotive remarketing services business for non-lease customers,
growing the business into one of the largest 3rd Party vehicle portfolios in the nation, offering a
uniquely broad mix of inventory for Element’s automotive buyers. In 2015, he was named
Consignor of the Year by his industry peers at the National Auto Auction Association Conference. In
2018, Paul was elected president of the IARA where he led a successful drive to boost membership,
significantly increase participation in remarketing certification programs, and attract headline-
making keynote speakers for conference events. In 2022, he was inducted into the NAAA Hall of
Fame.

“I am so excited to join Location Services as their Chief Remarketing Officer,” said Seger. “Jerry has
built an incredible team, and I am very excited to be a part of this growing organization. Also, I have
been so impressed with Delaware Street Capital and how supportive they are to the business. Being
able to work with the newly acquired SRS team is also a plus, as I have firsthand experience working
with them. Additionally, working with Debbie Stokes, who was just named Remarketing Executive of
the Year at Used Car Week, and Mike Rodi, who has been with me for numerous years, will be a
great experience. I can’t wait to get started.”

David Heller, Partner at Delaware Street Capital, the capital partner behind Location Services, said,
“We are so excited to have Paul join our Location Services organization. He has an incredible
pedigree and reputation, and we feel very fortunate to have him.”

About Location Services

Location Services, LLC is a full-service recovery management company based in Indianapolis, IN,
providing solutions in all 50 states for recovery, skip, LPR, remarketing, titles, impounds, keys,
transportation and legal notices for banks, finance companies and credit unions. Location Services
is owned by Delaware Street Capital (DSC), a Bluhm family investment vehicle, providing significant
financial strength and backing to Location Services. For additional information about Location
Services, visit locationservices.com.
For further information, contact:
Michele Connell
Vice President
714-227-7450
Michele.Connell@location-services.com

Miriam Salama
Vice President
908-768-5202
Miriam.Salama@location-services.com