CHARLESTON, S.C. -

The American Auto Auction Group has made two key changes to its executive management team, promoting chief financial officer  Darris McClure to the role of president and appointing Bruce Reese as its new CFO.

With McClure’s promotion, which was officially effective Feb. 1, he will “continue to be responsible for guiding the continued execution of the company’s vision, mission, and growth strategy,” according to officials.

McClure had been CFO since AAAG was formed.

As for Reese, the finance executive has “over 20 years of experience with strategic growth initiatives, capital funding, international treasury, mergers & acquisitions, and strategic planning.”

 “Expanding our executive management team is yet another step in our continued growth strategy, and reflects our strong belief in the future of our business,” said AAAG chief executive officer Bill McIver. “We firmly believe that our team is well-positioned to take AAAG to the next level.”