Manheim Adds Experienced Executive to Leadership Team
Manheim selected Shane O’Dell to serve as senior vice president of wholesale service, a new role within the company. O’Dell has worked in the vehicle finance industry since 1995.
ATLANTA, Ga. — Manheim selected Shane O’Dell to be the senior vice president of wholesale service, a new role within the company. O’Dell has worked in the vehicle finance industry since 1995.
“We feel putting in place a leader with Shane’s industry and operation experience will help us drive continued innovation and growth in this important part of our business,” said Janet Barnard, executive vice president and CEO of Manheim North America.
O’Dell will be responsible for setting and executing strategies around Manheim’s third-party logistics business. He will focus on Manheim’s transportation business with Ready Auto Transport and is tasked with developing a plan to strengthen and grow wholesale services revenue.
“Shane Brings high-energy, strong execution skills and deep industry knowledge to this key role,” said Barnard.
O’Dell was previously the chief operating officer of NextGear Capital, an independent inventory finance company and he lead the team that integrated Dealer Services Corporation and Manheim Auto Finance Solutions to form NextGear Capital. He began his career in 1995 with Automotive Finance Corporation where he served as branch manager and regional manager.
More Auto Finance

Top Five Credit Application Fraud Flags
Compliance audits regularly reveal bad habits that can lead to fraud charges and should have been stamped out decades ago.
Read More →
More Auto Loans for the Taking in August
Riskier categories were on the uptick for the month as lenders loosened access in several areas while balancing out the exposure in another, Cox Automotive reported.
Read More →
July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →