A question often asked is how auctions will adjust to an automotive industry where mobility ventures and digital sales are more commonplace.
Manheim is looking at that proactively, creating a new leadership structure for its assurance and reconditioning group designed to better position the company as the industry grows further toward these types of ventures.
The auction chain said Thursday that Fredrick Standfield will head up the group as senior vice president, with a leadership team that includes Mike McKinney as vice president of reconditioning, Brett Woods as VP of assurance and Lea Malloy as associate vice president of mobility and reconditioning operations.
“With our focus on digital and mobility, our assurance and reconditioning team under Fredrick’s leadership will play a key role in building client confidence, especially as digital transactions grow,” Cox Automotive inventory solutions president Grace Huang said in a news release.
“And with Fredrick’s extensive reconditioning and operations expertise, he is the ideal selection for this increasingly important part of our business,” she said.
As to the structure of Stanfield’s team, McKinney will head up the retail and wholesale recon operations, which have merged.
“Mike’s robust operations experience with Manheim, excellent relationships with GMs, and significant industry knowledge make him the ideal person to lead this effort in partnership with our leaders in the field and across the business,” said Standfield, in a news release
Woods is tasked with supporting “the company’s continued evolution into the digital world by enabling clients to use our products in non-Manheim marketplaces while increasing the quality and reliability of our condition reports, imaging and more to boost client confidence in transacting with Manheim, especially in the digital space,” Standfield said.
Meanwhile, Malloy will work closely with the Cox Automotive Mobility Services unit as well as the reconditioning team.
“With Cox Automotive’s strategic focus on mobility, Lea’s role is critical as the bridge between Cox Mobility and Manheim,” said Standfield.
Standfield has been with Cox Enterprises since 1994 and moved into Manheim’s recon operations in 2001. His roles have included such posts as VP of operations strategy for Manheim field operations, VP of reconditioning operations and his most recent work as VP of assurance.
“As the industry continues to develop autonomous vehicles and consumers increase their use of ride-hailing services, these cars will still need a place to park, a refuel or recharge, regular service, technology upgrades, cleaning and more,” Standfield said in the news release.
“Our new organizational structure positions assurance and reconditioning to successfully meet these innovations as we continue to enable Manheim’s clients to transact in any marketplace with confidence and hassle-free assurance products,” he said.