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AFC Names Vice President of Operations West Division

February 23, 2015

For Immediate Release

Contact: Devra Callaghan, Director of Marketing
AFC – Automotive Finance Corporation
13085 Hamilton Crossing Boulevard
Carmel, IN 46032
Phone: 317-843-3169
devra.callaghan@autofinance.com
AFCDealer.com

AFC Names Vice President of Operations West Division

CARMEL, Ind.—Automotive Finance Corporation (AFC), a business unit of KAR Auction Services (NYSE: KAR), today announced that Johnny Shroyer has been promoted to vice president of operations, west division. Shroyer will report directly to Joe Keadle, senior vice president of operations.

Shroyer joined AFC in 2010 as regional manager and will begin in his new role on March 2, 2015 with responsibilities for managing, directing and coordinating all AFC field operations in the west division.

With more than 20 years of experience, Shroyer brings a wealth of knowledge and insight to the table gleaned from a wide variety of positions in the financial services and automotive industries. Prior to joining AFC, Shroyer was with Reynolds and Reynolds, HSBC Bank of North America and Capital One Auto Finance.

“Through extensive team building and mentoring Johnny has shown strong leadership in the western region that drives results. Johnny will continue to be based on the west coast, a further testament to our commitment to servicing dealers with local industry experts throughout our network of physical branch locations” said Joe Keadle, senior vice president of operations of Automotive Finance Corporation.

“I am excited to leverage the success we have had in this region to the entire western division and I look forward to continuing a hands-on approach as we move forward. Being out in the field, meeting with dealers, understanding their business and working with our branches to service our customers’ needs will drive our continued success” said Shroyer.

About AFC
AFC is one of the largest providers of independent dealer inventory financing in North America. AFC, as part of KAR Auction Services, Inc., provides floorplan financing programs for retail and wholesale automobile dealers, RV dealers, motorcycle dealers, commercial truck dealers, salvage and daily rental operators. For more information about AFC, please phone toll free 1-888-345-0600 or visit us online at AFCDealer.com.