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Stock impact report

KAR Announces Executive Leadership Change

KAR Auction Services, Inc (KAR) 
Last kar auction services, inc earnings: 2/18 05:00 pm Check Earnings Report
Company Research Source: GlobeNewswire
CARMEL, Ind., Jan. 25, 2018 (GLOBE NEWSWIRE) -- KAR Auction Services, Inc. (NYSE:KAR), a global vehicle remarketing and technology solutions provider, announced that John Hammer has been named as President of the company’s ADESA business unit. The appointment follows the resignation of Stéphane St-Hilaire who led ADESA since early 2014. Hammer is an automotive industry veteran who previously served as the CEO of KAR’s Automotive Finance Corporation business before leaving the company in 2016. Hammer will officially re-join the company effective February 26, 2018. “John has a 25-year track record of delivering successful results. He knows our industry, he knows our company and above all, he knows our culture,” said Jim Hallett, Chairman and CEO at KAR Auction Services. “ADESA is well positioned for the future, and John’s expertise and entrepreneurial drive will positively impact our customers at every level. He’s a seasoned leader who is committed to employee engagement and collabor Show less Read more
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