Adesa, a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services, Inc., announced that Kurt Madvig has been named vice president of product development. Madvig will lead a team focused on the development, launch and delivery of products, services and solutions that streamline and enhance the Adesa customer experience.
Madvig brings 30 years of automotive remarketing industry experience to his new role. He joined the KAR organization as an auction general manager in 2001 to establish and develop Adesa Long Island. Soon after its launch he was transferred to Adesa San Diego, where he achieved double-digit revenue growth. Madvig continued to grow his career at Adesa, most recently serving as vice president of auction operations, where he played an integral part in the opening of Adesa’s Chicago location.
Joining the Adesa product development team under Madvig’s leadership are Eddie Ammar, Jason Murdock and Colleen McCormick-Shankle. Ammar, senior director of protection products, will oversee Adesa Assurance and the development of additional protection products. As director of inspection services, Murdock is responsible for ensuring thorough inspections as well as creating new inspection offerings. Senior project manager McCormick-Shankle will oversee new product launches and implementations.
Published in the April 2019 Edition
