PAR Announces New Leadership Appointments for Michael Fischer and Nick Reisinger

PAR North America (PAR), a business unit of leading provider of digital marketplace solutions for used vehicles KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), announces the promotion of Michael Fischer and Nick Reisinger. Fischer will now serve as vice president of operations and Reisinger will take on the role of director of remarketing and titles.

“Michael and Nick are proven leaders that continue to drive success across our organization and for our customers,” said Jessie Herdrich Irwin, chief operating officer of PAR. “We’re excited about their promotions, as they bring a combined 20+ years of experience with the company to their teams.”

As vice president of operations, Fischer oversees repossession operations, vendor management and skip services. Fischer has been with PAR since 2010 and brings extensive operations and industry knowledge to the role—starting as a skip manager and progressing to his most recent role as senior director of operations.

Reisinger now serves as director of remarketing and titles at PAR—bringing more than 15 years of experience to the role. With PAR since 2013, he has managed both internal and field remarketing operations. Prior to joining PAR, Reisinger spent eight years with ADESA U.S. in various fleet and factory supervisory roles.

PAR North America is a leading nationwide provider of vehicle transition services. PAR oversees asset recoveries, manages cycle times, maximizes returns and reduces risk for companies across the U.S. PAR’s clients range from the largest banks, captives and auto finance companies to the smallest credit unions.