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KAR EVP of HR Receives 2016 Ogletree Deakins Human Resources Professional of the Year Award

May 9, 2016

Media Inquiries:
Darci Valentine
(317) 249-4414
darci.valentine@karauctionservices.com

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

KAR AUCTION SERVICES EVP OF HR RECEIVES 2016 OGLETREE DEAKINS HUMAN RESOURCES PROFESSIONAL OF THE YEAR AWARD

CARMEL, Ind., May 09, 2015 – Carmel, Ind.-based KAR Auction Services, Inc. (NYSE: KAR), a provider of used vehicle auction services, announced today that Executive Vice President of Human Resources Lisa Price was selected as the winner of the Indiana Chamber’s 2016 Ogletree Deakins Human Resources Professional of the Year Award. KAR Auction Services CEO and Chairman Jim Hallett made the announcement.
The Human Resources Professional of the Year Award recognizes individuals of high moral and ethical standing that have made significant contributions to their organizations during the past year in the human resources function and who have a proven track record of giving back to the community and the human resources profession. Price was presented with the award on April 20 at the Indiana Chamber’s 52nd Annual Human Resources Conference and Expo Awards Luncheon held at the Hyatt Regency in Indianapolis.
“The success of our organization relies on having talented and skilled employees. Our human resources department is dedicated to ensuring we have the best team in place, and are attracting and retaining high caliber professionals,” said Hallett. “I would like to congratulate Lisa on this outstanding honor on behalf of the KAR Auction Services group of companies. All of the hard work she has put into this organization, and accomplishments she has driven, make her the perfect recipient for this award.”
As executive vice president of human resources, Price oversees all of the human resources functions for KAR and its business units. She is responsible for identifying and implementing best practices for enabling all human resources teams to act as strategic partners to the company, and efficiently and effectively serve the needs of employees. Price initially joined ADESA, a business unit of KAR Auction Services, in 2005 as corporate counsel, where she directed everything from employment litigation and third-party liability to human resources compliance matters and responses to OSHA inquiries. In 2008, she was promoted to vice president of litigation and employment counsel for ADESA’s parent company, KAR Auction Services, where she oversaw HR-related legal functions for the entire KAR group of companies. From there, she was promoted to executive vice president of human resources in 2013. Prior to joining KAR, she was an attorney for Stewart & Irwin. Price received a bachelor’s degree Cum Laude from Ball State University and earned her doctorate of jurisprudence from Indiana University School of Law.

About KAR Auction Services, Inc.
KAR Auction Services, Inc. (NYSE: KAR), a FORTUNE® 1000 company, operates worldwide vehicle auction services and provides related services. Based in Carmel, Indiana, the KAR group of companies is comprised of ADESA, Inc. (ADESA), Insurance Auto Auctions, Inc. (IAA), Automotive Finance Corporation (AFC), and additional business units, with more than 15,000 employees and approximately 250 auction facilities. Together, KAR’s complementary businesses provide support, technology and logistics for the used vehicle industry. For more information, visit karauctionservices.com.