TPC Management Company has a new president.

The company announced that Jiles Wanna, previously the vice president of client services, has been promoted to president.

Pierre Pons will move into the CEO role.

Pons co-founded TPC, now in its 30th year of business, with his wife Pauline. In a news release, the co-founders said: “Jiles has a proven track record of diligence with a wide array of TPC clients. We know he will be a vital force in paving the road ahead as we move toward providing an even wider range of services to our clients.  His expertise, integrity and vision will enable our firm to be well-positioned far into the future.”

Wanna has been with the company for more than 20 years.

“For more than two decades, I have had the privilege of being part of TPC, working alongside exceptional people and building meaningful relationship throughout the remarketing industry,” said Wanna. “I am honored to step into the role of president and proud to lead alongside my family and our dedicated team.  Together, we will broaden our capabilities, strengthen our industry partnerships, and create new opportunities that elevate the value we deliver to our clients.”

Wanna’s role as president will be to work with independent auto auctions and others in the remarketing space to expand and develop their businesses and service offerings. Pierre Pons, as CEO,  will focus on working with companies and owners on exit/succession strategies and multiple expert witness assignments.

Pierre Pons added, “Jiles has been an essential part of TPC and the remarketing business for more than 20 years and has grown into one of the top executives in the industry. This promotion not only recognizes his contribution to our firm, but his dedication to and development in the broader automotive remarketing landscape.”