ADESA UK has appointed Manheim’s former head if IT, Kevin Nugent, to roll-out its own “intense digital roadmap”.
Nugent will lead the information technology team at ADESA – a business unit of KAR Auction Services Inc – after leading the IT operations at Cox Automotive’ s physical auction business, which he joined in 2015.
Jonathan Holland, managing director of ADESA UK, said: “Given our intense digital roadmap and our goal of automotive technology disruption, with new industry-leading products and online remarketing solutions, we are delighted to welcome Kevin Nugent to the management team.
“His rich industry background and breadth of experience will make a substantial, positive impact on our business.”
Nugent will report to Holland and Shawn Justice, vice president of IT, and will be a member of the senior leadership team for ADESA UK.
Holland added: “His leadership of our IT development will be critical to our parent KAR’s international efforts and strategic priorities.”
ADESA UK is an upstream vehicle remarketing provider for UK OEMs, fleet and leasing companies and dealers, using a combination of industry expertise and cutting-edge technology to transform the way used vehicles are bought, sold and processed.
Its services include upstream remarketing and the capability to appraise and bring vehicles to market in under 10 minutes, saving ADESA UK customers time and money.
In February this year ADESA's parent company, KAR Auction Services, completed the £80m acquisition of online auction business CarsOnTheWeb.
CarsOnTheWeb is a Beligium-based business that provides an online wholesale vehicle auction marketplace that can connect OEMs, fleet owners, wholesalers and dealers in more than 50 countries.
In a guest opinion submitted to AM earlier this month, Holland said that the process of sourcing, moving and auctioning vehicles comes from “another era at odds with today’s technology driven digital world”, citing digital solutions as the best way to realise profits from depreciating assets.
He said: “We as an industry are only at the start of an evolving technology led remarketing journey which will transform the way cars are remarketed over the next five years and beyond.”
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