Executive Bios

James P. Hallett

Chairman and CEO
KAR Auction Services, Inc.

Jim Hallett has more than 40 years of experience in the automotive industry. As Chairman and CEO of KAR Auction Services, Inc. (NYSE:KAR), Hallett leads strategic planning for KAR and also oversees the development and implementation of the organization’s objectives and growth strategy. A native of Canada, Hallett joined the company in 1993 as president of ADESA Canada, and in 1996 relocated to Indianapolis to serve as president and CEO of ADESA. He was named CEO of KAR in 2007, and assumed his current role in 2009.

Under Hallett’s leadership, KAR—a global Fortune 700 company headquartered in the Indianapolis suburb of Carmel, Indiana, with 18,000 employees across more than 300 operating locations in the United States, Canada, Mexico and the United Kingdom—has seen unprecedented rapid expansion and growth. KAR’s unique end-to-end platform helps the world’s largest automotive manufacturers, financial institutions, insurance companies and dealer groups buy, sell and trade used vehicles—reducing risk, improving transparency and streamlining transactions for customers in 130 countries. Last year, KAR facilitated more than 5.95 million transactions valued at over $40 billion through its physical, online, and digital/mobile auction marketplaces.

Hallett was the architect behind the merger of ADESA and Insurance Auto Auctions (a salvage auction company) in 2007 that resulted in KAR. With Hallett at the helm, KAR went public in 2009. Since then, KAR’s annual revenue has more than doubled to $3.76B in 2018 and KAR has acquired strategic assets including OPENLANE, TradeRev, DRIVIN, STRATIM and CarsOnTheWeb. Hallett’s vision has helped KAR successfully lead the digital transformation of the auto auction industry while pioneering the use of big data to help customers optimize their auction strategies.

A graduate of Canada’s Algonquin College, Hallett holds a Dealer Management Certification from General Motors University. Hallett entered the retail automotive business in 1975 and later owned and managed a number of new car franchises. In 1990, he opened two automobile auctions: Ottawa Dealers Exchange and The Greater Halifax Dealer Exchange.

Hallett has been recognized with numerous industry and community awards throughout his career including the 2018 Indiana Chamber Dynamic Leader of the Year, the NAAA/IARA Ed Bobit Industry Icon Award in 2018, national EY Entrepreneur of the Year 2014 Award in the Services category, the Ring of Honor from the National Independent Dealers Association and the 2017 John A. Purdie Innovator and Mentor of the Year Award from Marian University. Hallett was also named the 2017 Exceptional Executive by the United Way of Central Indiana.