MBSi Corp., one of the founding members of the Automotive Intelligence Council, named a new chief operating officer on Tuesday.

The provider of repossession assignment software and vendor compliance solutions to the auto finance industry brought on former Copart chief information officer David Bauer as its COO.

Bauer joins MBSi with 25 years of executive leadership in the auto and insurance services industry. During his more than 15-year tenure at Copart, Bauer designed and built enterprise systems including VB2, the patented live auction platform that helped Copart scale from 80 locations to more than 200 world-wide with a market cap now exceeding $11 billion.

After Copart, Bauer took on the chief operating officer role at Snapsheet, one of the country’s fastest growing tech startups from 2013 through 2017. MBSi highlighted that Snapsheet upended the insurance claims market with their virtual claims solutions and mobile apps. Under Bauer’s technical and operational leadership, Snapsheet scaled its innovative solutions and was able to grow from six employees to more than 400 in his four-year tenure. 

“We are excited to onboard David to lead MBSi as we continue to deliver innovative solutions to our growing client base of national auto lenders and their service providers,” said Cort DeHart, president of MBSi.

“David is an exceptional, seasoned leader who has both the technical experience and business acumen necessary to deploy and scale successful technologies to an industry that continues to navigate a changing compliance and technological landscape,” continued DeHart, who again is among the industry executives and experts slated to appear during Used Car Week, which begins on Nov. 12 in Scottsdale, Ariz.

In this role, MBSi indicated Bauer will lead business operations, product strategy and customer support, delivering actionable intelligence and user-friendly software to finance companies, national forwarders, collateral recovery agents and third-party service providers in the auto finance industry.