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KAR Announces Launch and Leadership of New KAR Remarketing Services Operating Segment

August 10, 2017

KAR Announces Launch and Leadership of New ‘KAR Remarketing Services’ Operating Segment
David Vignes Promoted to President of KAR Remarketing Services and Lisa Scott Named President of PAR North America

CARMEL, Ind. – August 10, 2017 – KAR Auction Services, Inc. (NYSE: KAR), a global vehicle remarketing and technology solutions provider, announced the creation of its new KAR Remarketing Services operating segment. David Vignes will serve as president of KAR Remarketing Services, which aligns the company’s AutoVIN, Dent Demon, High Tech Locksmiths, and PAR North America businesses.

“KAR’s goal is to provide a simplified, seamless experience across its end-to-end remarketing platform,” said Vignes. “The alignment of these businesses allows us to deliver the full range of inspection, recovery, reconditioning and repair services both in the lanes and on the road. We look forward to building on our successful foundation and expanding our integrated offerings to serve our diverse whole car, salvage and buyer and seller customers.”

Vignes previously served as KAR’s executive vice president of enterprise optimization, and has been promoted to the role of president, KAR Remarketing Services. In addition to his new responsibilities, Vignes will continue to oversee KAR’s enterprise safety efforts. Vignes also led the development of KAR’s industry-leading “Safe T. Sam” program, which is available to all National Auto Auction Association (NAAA) members.

As part of this organizational alignment, Lisa Scott has been named president of PAR North America reporting to Vignes. PAR is the leading U.S. provider of vehicle transition services with coast-to-coast solutions for recovery management, skip tracing, remarketing and title services.

“It’s an exciting time to be part of KAR, and I am thrilled to take the lead at PAR North America,” said Scott. “I worked very closely with our customers at ADESA Canada, and I’ve seen and heard their needs firsthand. I look forward to collaborating with my colleagues to develop the next generation of integrated remarketing solutions.”
Prior to this role, Scott held a variety of positions at ADESA Canada, including senior vice president of sales, marketing and operations, general manager, and, most recently, chief client officer. She has also served on several industry boards, including chair of the Canadian committee of the National Auto Auction Association (NAAA) and co-chair of the Canadian chapter of the International Automotive Remarketers Alliance (IARA).

“Lisa was a visionary leader for ADESA Canada with a strong track record of creating deep customer relationships. Her 25 years of experience, broad understanding of the marketplace and her passion for our industry will continue to benefit our company and our customers,” said Vignes.

KAR Contacts

Media Inquiries: 
Tobin Richer
(317) 249-4521
tobin.richer@karauctionservices.com

Analyst Inquiries:
Mike Eliason
(317) 249-4559
mike.eliason@karauctionservices.com

About KAR Auction Services
KAR Auction Services (NYSE: KAR) provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. KAR’s unique end-to-end platform supports whole car, salvage, financing, logistics and other ancillary and related services, including the sale of more than 5.1 million units valued at over $40 billion through our auctions. Our integrated physical, online and mobile marketplaces reduce risk, improve transparency and streamline transactions for customers in 110 countries. Headquartered in Carmel, Ind., KAR has approximately 17,400 employees across the United States, Canada, Mexico and the United Kingdom. www.karauctionservices.com.