KAR Auction Services, Inc., a global automotive remarketing and technology services provider, announced that John Sibbitt joined the management team of Recovery Database Network (RDN) as vice president of business development.
RDN provides specialized software and data solutions to customers across the repossession and disposition value chain. Sibbitt has eight years of management, operations and asset recovery experience.
In his new role, Sibbitt will be responsible for managing current RDN client relationships, identifying opportunities for growth and expanding the client network.
Sibbitt previously served as vice president of operations at PAR North America, a U.S. provider of vehicle transition services with coast-to-coast solutions for recovery management, skip tracing, remarketing and title services – also a KAR business unit. Sibbitt was part of the team that launched PAR Platinum Compliance, the vehicle recovery industry’s newest, most extensive compliance, due diligence and transparency tool. He managed all of PAR’s vendor network, overseeing compliance and managing the relationships of more than 700 recovery vendors.
Before joining PAR in 2012, Sibbitt oversaw a large specialty portfolio for Liberty Recovery Services.
Published in the February 2019 Edition