A top executive with Insurance Auto Auctions has added the role of company president to his duties. Insurance Auto Auctions said Thursday that chief financial officer John Kett will now also serve as president, while keeping his CFO duties. Chief executive officer Tom O’Brien, who had been serving as both president and CEO, will remain the company’s CEO.

Kett has served as senior vice president and CFO since 2007 after joining the company in 2001 as senior vice president of planning and business development.

O’Brien, meanwhile, became the company’s president and CEO in November 2000.

“Similar to our hard-working employees throughout the organization, a significant contributor to our success and growth has been our executive management team,” O’Brien stated. “John’s promotion is both a reflection of his contribution to the organization’s achievements and to communicate his future role in a senior leadership position.

“I look forward to further working with John and continuing our leadership direction as we provide industry leading, innovative solutions to the salvage auto industry for our buyer and supplier clients,” he continued.

Kett added: “I am excited about the opportunity to continue to serve the company, our employees, our providers and buyers in an expanded role. I look forward to helping the company achieve even greater levels of success in the future.”