KAR Auction Services, Inc.
KAR Auction Services, Inc. is the holding company for ADESA, Inc., (“ADESA”), Insurance Auto Auctions, Inc., (“IAAI”) and Automotive Finance Corporation (“AFC”). ADESA is a leading provider of wholesale used vehicle auctions with 69 North American locations and its subsidiary OPENLANE provides a leading Internet automotive auction platform. Insurance Auto Auctions is a leading salvage vehicle auction company with 160 sites across North America. Automotive Finance Corporation is a leading provider of floorplan financing to independent and franchise used vehicle dealers with 103 sites across North America. Together, KAR Auction Services provides a unique, comprehensive, end-to-end solution for our customers’ remarketing needs. Visit karauctionservices.com for additional information.
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Presenter - Jonathan Peisner, Vice President and Treasurer
Jonathan Peisner is a senior financial executive with extensive experience in investor relations, treasury management, corporate finance and strategic and financial planning.
Currently, Peisner serves as Vice President and Treasurer of Carmel, Indiana based KAR Auction Services, Inc. (NYSE: KAR) which was formed in April 2007 via the merger of ADESA, Inc. and Insurance Auto Auctions, Inc. As Treasurer, he is responsible for the company’s investor relations, treasury and risk management functions. Prior to joining ADESA in 2005, Peisner served as a consultant to the company following its June 2004 IPO. At ADESA / KAR, he played leadership roles in establishing the company’s Wall Street’s presence following its 2004 IPO, assisting with the company’s merger and LBO in April 2007 and reestablishing KAR’s Wall Street presence following its December 2009 IPO.
Peisner is a CPA who holds a Bachelor of Arts degree in Accounting from Michigan State University and an M.B.A. in Finance from Wayne State University. Peisner has taught accounting and finance courses at both the undergraduate and graduate levels, serves as President of the Indianapolis chapter of FEI and is a member of NIRI’s Senior Investor Relations Roundtable.