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KAR Auction Services Announces Thomas Fisher as Executive Vice President and Chief Information Officer

April 4, 2017

KAR Auction Services Announces Thomas Fisher as Executive Vice President and Chief Information Officer

Digital and Cloud Computing Pioneer to Lead Company’s Next Generation Business and Customer Solution Development

CARMEL, Ind. – April 4, 2017 – KAR Auction Services, Inc. (NYSE: KAR), a global wholesale used-vehicle marketplace, technology and solutions provider, announced that Thomas (“Tom”) Fisher has joined the company as executive vice president and chief information officer. Fisher brings two decades of customer-focused technology strategy, operations, sales and product development experience to KAR. Fisher will be a member of the company’s senior leadership team reporting to Jim Hallett, chairman and CEO of KAR.

“For nearly two decades, Tom has been at the forefront of designing and implementing technology solutions that improve the customer experience,” said Hallett. “His proven track record of success across multiple international industries makes him uniquely qualified to lead the next stage of KAR’s digital transformation. Tom’s addition to our organization and leadership team is a huge win for our company and our customers.”

Fisher will be responsible for oversight of KAR’s information technology strategy, operations and activities. Working across KAR’s end-to-end remarketing platform, Fisher will design and implement an enterprise strategy that leverages KAR’s diverse technology assets to rapidly deploy the company’s data-driven customer insights and product solutions.

“KAR’s commitment to leading technology innovation in the wholesale used-vehicle marketplace is recognized well beyond their industry,” said Fisher. “They’ve invested strategically and built an impressive portfolio of assets and capabilities. I am eager to advance the next phase of this progressive agenda, and accelerate the delivery of first-of-their-kind solutions and insights to KAR’s customers around the globe.”

Prior to joining KAR, Fisher served as ‎senior vice president of cloud operations and general manager at Genesys, a global leader in customer experience platform solutions. Fisher previously served as chief services officer for Interactive Intelligence, a publicly traded, Indianapolis-based software and cloud developer recently acquired by Genesys, where he led an international team of over 1,000 employees. Also at Interactive, Fisher served as vice president of global sales operations and engineering, and director, systems engineering. Fisher graduated from Ohio University with degrees in biology and communications systems management before beginning his career as an IT analyst with Andersen Consulting and applications consultant at Cisco Systems.

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 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, Indiana, KAR has approximately 17,400 employees across the United States, Canada, Mexico and the United Kingdom. www.karauctionservices.com.