For Immediate Release
KAR Auction Services Recognized as a 2020 Women on Boards Winning ‘W’ Company in 2014
Carmel, Ind. — KAR Auction Services, Inc. (NYSE: KAR), a provider of used vehicle auction services, announced today that it has been selected by Winning Companies as a 2020 Women on Boards Winning ‘W’ Company in 2014. KAR Auction Services CEO Jim Hallett made the announcement.
Winning Companies recognizes the importance of board diversity, and highlights companies that have 20 percent or more women on their board of directors. KAR Auction Services currently has two women serving on its board, Donna Ecton and Lynn Jolliffe.
“The KAR group of companies is committed to creating an empowered, diverse environment for our more than 12,000 employees worldwide,” said Hallett. “We are proud of this recognition, and honored to have so many outstanding women professionals leading our board and teams.”
2020 Women on Boards is a non-profit grassroots campaign committed to increasing the percentage of women who serve on company boards to 20 percent or greater by the year 2020. The group is dedicated to educating corporate stakeholders on the importance of board diversity and promoting companies as examples of good corporate governance.
About KAR Auction Services, Inc.
KAR Auction Services, Inc. (NYSE: KAR), a FORTUNE® 1000 company, operates worldwide vehicle auction services and provides related services. Based in Carmel, Indiana, the KAR group of companies is comprised of ADESA, Inc. (ADESA), Insurance Auto Auctions, Inc. (IAA), Automotive Finance Corporation (AFC), and additional business units, with approximately 13,000 employees and 240 auction facilities. Together, KAR’s complementary businesses provide support, technology and logistics for the used vehicle industry. For more information, visit karauctionservices.com.