CarsArrive Network President and CEO Michael Briggs Expands Role to Include CEO of Recovery Database Network

Michael_Briggs_RDN_CAN_CEOBriggs new role creates stronger end-to-end remarketing solutions for customers

 For Immediate Release

Carmel, IN – March 21, 2016 – ADESA, a business unit of KAR Auction Services, Inc. (NYSE: KAR), today announced that its subsidiary Recovery Database Network (RDN) has named a new CEO. Michael Briggs, president and CEO of ADESA subsidiary CarsArrive Network (CAN), will expand his role within the company to also oversee RDN.

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CUCollector Retraction of “A Letter to the Forwarders from Bill Alvarez”

As demanded by Gene A. Wheeler, ADESA Sr. Corporate Counsel, CUCollector would like to publish the following statement.

“CUCollector would like to issue a statement correcting our error to all of the subscribers to which the original “editorial”, “A Letter to the Forwarders from Bill Alvarez”, was sent.

Also as demanded by PAR, CUCollector has retracted this “editorial.

CUCollector understands that our failure to comply with this request will lead PAR to examine their legal options, including the filing of a lawsuit for injunctive and monetary relief.

CUCollector would like to also state, that as a long time client of ADESA in my capacity as a lender, I had never had any prior problems with ADESA, nor to my knowledge has ADESA had any with me, and I had always previously held them in high regard.” 

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