PAR North America Announces Key Leadership Changes
The announced promotions are aimed at fortifying the company's compliance capabilities to deliver the next generation of integrated compliance products and services, officials said.
by Staff
January 30, 2018
2 min to read
CARMEL, Ind. — PAR North America, a business unit of KAR Auction Services Inc., announces the promotion of several key leaders. According to the provider of vehicle transition services, the promotions are aimed at accelerating PAR’s growth and the development of compliance solutions for PAR customers.
The company announced that Jose Delgado was promoted to senior vice president of sales and business development. Also promoted were Jessie Herdrich, who will serve as vice president of compliance and operations, and John Sibbitt, who was promoted to vice president of operations.
Ad Loading...
“Jose, Jessie, and John bring decades of deep industry expertise and a shared commitment to innovation and delivering exceptional customer service,” said Lisa Scott, PAR North America president. “This new leadership structure at PAR will not only position our own company for growth but will help our customers and business partners succeed.”
Delgado will focus on expanding PAR’s product portfolio and accelerating the company’s growth strategy. He previously served as vice president of operations, sales, and client relations and is now charged with building a new team dedicated to product and service development, client relations, and enhancing the overall PAR customer experience.
Delgado will also play a pivotal role in researching new growth areas, creating business development strategies and expanding the company’s geographic footprint, according to officials.
Herdrich, a 10-year employee with PAR, previously oversaw the company’s compliance function, a role in which she helped address the industry’s heightened focus on compliance and security. In her new role, Herdrich will expand PAR’s compliance department and create innovative new product and service offerings that meet these growing and rapidly evolving regulatory compliance requirements for customers.
Sibbitt leads PAR’s recovery and skip departments and will take on additional responsibility for establishing consistent and efficient business processes. For the previous six years, Sibbitt oversaw the company’s agent network and recovery strategy teams.
Ad Loading...
"A key focus of this new PAR leadership team will be fortifying our compliance capabilities to deliver the next generation of integrated compliance products and services," Scott said.
Building on a previously announced $26 billion U.S. investment, Hyundai said it will grow its North American lineup and U.S.-based production and parts sourcing.
Sony-Honda venture cancels two planned models, the first of which had been pegged for a mid-2026 California delivery debut. The brand’s direct sales had been challenged by the state’s auto dealers, but the venture cites Honda’s EV retreat.
Softening prices, rising credit availability and higher tax refunds could be behind February’s sales pace rise and accompanying dip in inventory, according to Cox Automotive.
The agency sent warning letters to dozens of auto groups about what it described as illegal practices and urged them to ensure their pricing policies enable transparency with consumers.
New-vehicle sales fell year-over-year for the fifth month in a row in February, making retail deliveries the slowest they’ve been since 2023, according to a CarGurus report.
The automaker says its California skunk works is already finding efficiencies to lighten traditionally heavy electric vehicles for lower cost, plus extended range.
GM says it sells the cheapest electric vehicle in the U.S. market. It explains how it made improvements to the entry-level EV while keeping its price down.
