
A Strategic Move in the Auto Industry
In a significant industry move, Location Services has appointed Paul Seger, a respected executive with a storied career at GE and Element Fleet Corp., as its new Chief Remarketing Officer. This announcement followed just two days after the company's acquisition of Strategic Remarketing Solutions (SRS). Seger, who served as president of the Automotive Remarketing Alliance from 2019 to 2021, brings his unmatched expertise to a team eager to integrate fresh perspectives.
A Storied Career in Remarketing
Paul Seger's career is marked by accomplishments and recognition, including his induction into the National Auto Auction Association’s Hall of Fame in 2022. His leadership in the industry has been transformative, a fact echoed by Location Services CEO Jerry Kroshus. With his deep-rooted experience, Seger is set to enhance the strategies of Location Services, aligning perfectly with their latest acquisition of SRS, a leading national forwarding company.
The Impact of Team Dynamics
Location Services' recent acquisition of SRS brings a host of new opportunities. The insights of Seger, paired with the capabilities of the SRS team, promise growth and innovation in remarketing, recovery, and title solutions. Seger expressed his excitement about the supportive environment nurtured by Delaware Street Capital and the chance to collaborate with industry-renowned individuals like Debbie Stokes and Mike Rodi.
Anticipating Future Developments
With Seger’s arrival, the future of Location Services looks promising. The combination of a proven leadership team, enhanced by strategic partnerships, sets the stage for trailblazing advancements in the auto industry. This change not only highlights the company’s competitive edge but also cements its reputation as a forward-thinking leader in the field.
Actionable Insights for Industry Leaders
Dealership owners and general managers stand to gain valuable insights from such pioneering moves. Understanding these industry shifts can foster better strategic planning and integration of innovative remarketing strategies, positioning them ahead of the curve in a competitive marketplace.
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