KAR Holdings announced this morning, that effective as of the closing of its previously announced acquisition of Adesa, Inc., it plans to augment the senior management team with Brian Clingin, Jim Hallet, Tom O’Brien, and John Nordin. Brian Clingen was an investor and board member of Insurance Auto Auctions (the group being merged in with the acquisition) and will become Chairman and CEO of the combined entity. Jim Hallet, CEO of Adesa, will become President and CEO of the whole car operations. Tom O’Brien, CEO of Insurance Auto Auctions will become President and CEO of the combined salvage operations. And John Nordin, Chief Information Officer (CIO) of Insurance Auto Auctions will become CIO of the combin ...

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Related Companies: Adesa
Hertz (will replace Adesa in index Feb 1, 2007)