CARMEL, Ind. -

On Thursday night, KAR Auction Services named a new president and chief executive officer of ADESA effective Jan. 6.

Appointed to the role on that date will be Stephane St. Hilaire. Meanwhile, Tom Caruso will be named chief client officer for KAR.

St. Hilaire is currently the president and chief operating officer of ADESA Canada. In the new role that begins in January, he will lead ADESA’s entire operations and will report directly to Jim Hallett, chief executive officer of KAR.

Caruso has been president and CEO of ADESA since 2009.

"Stephane has been an exceptional leader and a driving force in building ADESA Canada. He has a vision for the increasing use of technology in the whole car business and has been integral in the implementation of state-of-the-art information technology solutions which were incubated and piloted by ADESA Canada. Stephane is extremely knowledgeable about ADESA’s operations, customers, products and employees, and is ready to assume the role as chief executive officer and president of ADESA," said Hallett.

When he becomes chief client officer for KAR, Caruso will be tasked with strengthening ADESA’s relationships with its customers as well as further integrating service offerings to customers across all of our business units. Caruso will continue to report directly to Hallett.

"Tom has been instrumental in helping navigate one of the most difficult periods ever experienced in the auto industry through his leadership and strong customer development skills. This new appointment will allow Tom to directly focus on providing a total end-to-end remarketing solution to our wholesale used vehicle auction, salvage vehicle auction and floor plan financing customers," said Hallett.

 

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