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Business Briefs

KAR names new leader for Preferred Warranties

KAR Auction Services, Inc., a global vehicle remarketing and technology solutions provider has named Edmund Field president of the company’s Preferred Warranties, Inc. (PWI) business unit. PWI serves independent used vehicle dealers and small franchise retail automotive and power sports dealers – offering extended service contract protection plans for pre-owned vehicles.

Field will be responsible for leading PWI’s operations and digital and mobile product development and advancing the company’s market growth strategies. He will be based at KAR’s global headquarters in Carmel, Indiana.  

With more than 20 years of automotive industry experience, Field joined KAR earlier this year as the director of new product development. Before coming to KAR, Field was at Volkswagen Group and VW Credit, Inc. He supported the areas of insurance, sales and business development, new product development, contact center operations, fleet management and manufacturing.

During his time at VW Credit, Field was responsible for the development and launch of Volkswagen Financial Protection Services as a start-up insurance entity selling and administering a full suite of insurance protection products to Audi, VW and Ducati dealers in the U.S. market. Field also held several management roles at VCI’s customer service center in Libertyville, Illinois.

Published in the September 2018 Edition

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