ADESA Announces New Leader of Product Development

Organizational Update Aimed at Developing and Delivering Industry-Leading Products and Services

CARMEL, Ind. – Feb. 26, 2018 – ADESA, a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services, Inc. (NYSE: KAR), announces 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.

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