Two years ago, Cam Hitchcock and Chuck Tapp worked together to create Primeritus Financial Services, one of the lead sponsors again for this year’s Re3 Conference at Used Car Week. Hitchcock and Tapp are collaborating once more; now as part of the leadership of American Auto Auction Group.

Tapp, who is the chief executive officer of Primeritus, has joined AAAG’s board of directors. AAAG is a dealer-centric auction group with physical and private label sale operations in California, Texas, Florida, South Carolina, Mississippi and Wisconsin.

AAAG was recently acquired and recapitalized by Huron Capital Partners, a Detroit-based private equity firm, and AAAG management.

“Chuck Tapp has over 25 years’ experience in all facets of the automotive remarketing industry, building high performance teams and companies,” said Hitchcock, who now is CEO of American Auction Group.

Prior to co-founding Primeritus Financial Services in 2012, Tapp had been a senior executive at OPENLANE, ADESA, Banc One Credit Company, Drivers Mart and Alamo Rent-A-Car.

“Our management team and Huron are very excited to work with Chuck and benefit from his insight into the dynamic auction industry and AAAG’s strategy to capitalize on its growth initiatives,” Hitchcock said.

Upon being named to AAAG’s board, Tapp said, “I look forward to working with Huron and the AAAG management team.  Their auctions have a reputation for superior customer service. I’m confident that my experience will allow me to contribute significantly to the board.”

Furthermore, Huron Capital senior partner Peter Mogk commented about Tapp joining AAAG’s board.

“Chuck’s deep industry experience and track record will allow him to be a great resource and sounding board for the AAAG board,” Mogk said. “We very much look forward to working with him.”