Former NIADA chief to join KAR Global

By David Muller and Audrey LaForest

Reporter, Automotive News

Former National Independent Automobile Dealers Association CEO Steve Jordan will join KAR Global as executive vice president of dealer sales, the company said Monday. The association announced Friday that Jordan resigned as CEO.

He remains at NIADA in an advisory capacity as part of a 30-day transition period and is to join KAR in September.

Jordan was CEO of NIADA, of Arlington, Texas, for seven years. At KAR, he is to lead the vehicle wholesaling company’s dealer sales organization in the U.S. and Canada, with a focus on advancing the company’s portfolio of buyer and seller products and services for auto retailers.

“Steve is a true industry leader who understands the full automotive ecosystem, from high-level market and economic trends to the day-to-day challenges of running a dealership,” John Hammer, chief commercial officer for KAR, said in a statement Monday. Hammer said Jordan’s “broad insight and experience” will help the company stay connected with dealers and his “digital mindset and entrepreneurial spirit are a perfect match” for KAR’s strategy and culture.

Read the complete article on autonews.com (paywall).