CARMEL, Ind., Jan. 21, 2020 /PRNewswire/ -- KAR Auction
Services Inc. d/b/a KAR Global (NYSE: KAR) announces Lisa Price, KAR's executive vice president of
human resources, will take on the expanded role of chief people
officer. Price is the first to hold this title at the company and
will increase her focus on KAR's company culture, its employer
brand and its employees' safety and security.
"Over the past six years, Lisa and her team have transformed how
the company and its business units look at, recruit, measure,
develop and promote people. She has championed people as a top
priority for the company — from recruitment to retirement," said
Jim Hallett, KAR Global chairman and
CEO. "Lisa's people-first drive will help define who we are and who
we aspire to be as a company by fostering an environment of
development and employee appreciation."
Prior to taking on her new role as chief people officer, Price
was charged with bringing human resources, payroll, benefits and
compensation departments enterprise-wide into alignment with KAR's
strategic and operational goals. As part of her expanded 360°-view
of people and employees, Price will also assume leadership of KAR's
Safety and Security teams.
"I am proud to be part of a company with such a strong focus on
its people, especially during a time of transformative innovation
in our industry and at KAR Global," said Price. "The global
workforce is more diverse, tech-driven and has high expectations of
their employers. I am committed to building KAR Global into the
kind of employer that attracts and retains top talent."
Price initially joined ADESA, a business unit of KAR, in 2005 as
corporate counsel, responsible for everything from employment
litigation and third-party liability to compliance risk management
and advice and counseling. In 2007, she was promoted to vice
president of litigation and employment counsel for KAR. She assumed
the role of executive vice president of human resources for the
company in 2013, making the leap from a successful 14-year legal
career to leading the enterprise HR function for KAR and its
subsidiaries.
Prior to joining ADESA, Price spent six years in private practice
at Stewart & Irwin focusing on employment law, litigation and
compliance. Price holds a bachelor's degree cum laude from
Ball State University and earned her
Doctor of Jurisprudence from Indiana
University School of Law.
KAR
Contacts
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Media
Inquiries:
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Analyst
Inquiries:
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Gene Rodriguez
Miller
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Mike
Eliason
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(317)
343-5243
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(317)
249-4559
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gene.rodriguez@karglobal.com
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mike.eliason@karglobal.com
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About KAR
KAR Auction Services Inc. (NYSE: KAR), known
as KAR Global, provides sellers and buyers across the global
wholesale used vehicle industry with innovative, technology-driven
remarketing solutions. KAR Global's unique end-to-end platform
supports whole car, financing, logistics and other ancillary and
related services, including the sale of nearly 3.5 million units
valued at over $40 billion through
our auctions. Our integrated physical, online and mobile
marketplaces reduce risk, improve transparency and streamline
transactions for customers in more than 80 countries. Headquartered
in Carmel, Indiana, KAR Global has
approximately 15,000 employees across the
United States, Canada,
Mexico, U.K. and Europe. For more information, go to
www.KARglobal.com. For the latest KAR Global news, follow us on
Twitter @KARspeaks.
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SOURCE KAR Global