Online Auctions Archives | Auto Remarketing

EBlock names Lisa Scott president

A02A5004 copy (1)

E Automotive Inc. has promoted executive Lisa Scott to serve as president of its EBlock business unit, the company said late Thursday afternoon.

Scott was previously EBlock’s chief revenue officer. Her prior roles include serving as president of PAR North America and chief client officer at ADESA Canada.

The promotion is part of the company’s strategy to develop a “unified land and technology leadership structure” as it aims to stay agile and continue with its land-meets-technology plans.

In a news release, E Inc. CEO Jason McClenahan said, “Our goal is to create a single marketplace that brings land and technology together so dealers can transact where and how they prefer.

“Since Lisa joined the company one year ago, she has been laser-focused on building a strong team to deliver on this goal. She's been instrumental in bringing our land-meets-tech vision to life from our operations and services to our best-in-class digital platform,” McClenahan said. “This move to president is a natural progression for her and the company to take the next leap.

“The timing is perfect, considering we've just expanded our presence through the acquisition of Houston Auto Auction earlier this year, and as we continue to build our presence in the Louisiana and Michigan markets.”

Scott added, “I am thrilled to be taking on this new role in such a dynamic company. Our culture, technology, and team are truly unique to this industry and I know we will continue to add value to our partners in the future. EBlock is an extremely viable solution and I am committed to strengthening and refining our offerings in different wholesale verticals as well as introducing our first-to-market solution, LiveLanes.”

The LiveLanes auction platform combines physical and digital inventory, giving dealers the ability to buy and sell on- and off-site vehicles during the same event.

Online auction platform hires former IAA executive as chief product & technology officer

Untitled

Joyride Autos, which is online auction platform that provides a marketplace for “undervalued” cars, has brought on a former IAA executive as its first-ever chief product and technology officer.

Hired for that role is John Krupnik, who was chief information officer at IAA for 14 years.

“We’re the first mover in a market that historically has been overlooked, and technology innovation is going to be key to our continued success,” Joyride co-founder and chief executive officer John Wicker said in a news release.

“Krupnik is a brilliant technologist with a deep understanding of the problems we’re solving for both sellers and buyers of the growing supply of undervalued vehicles — a category that has never before had a dedicated marketplace,” Wicker said.

In the new position, Krupnik will lead the scaling of the platform while also developing and leading the product, engineering and analytics teams.

“I’ve spent my career in the world of auto auctions, and I’ve never seen a moment that’s more ripe for innovation,” Krupnik said in a news release.

“The accelerated shift to e-commerce, global supply chain shortage for cars and their parts, and increased average age of vehicles on our roads have all contributed to Joyride’s remarkable early momentum,” he said. “The opportunity to help lead the Joyride team and innovate in this underserved yet rapidly growing category was an obvious decision for me.”

The Joyride platform is designed to ease the selling and buying of unclaimed and aged vehicles through online auctions.

It launched in April 2020 and has sold 30,000 vehicles through the platform. Joyride is available in California, Texas, Indiana and Nevada. The company plans to use a recent $2 million seed funding round to expand into new markets. 

X