Monday, Jun. 08, 2020, 12:22 PM
Warren Byrd not only is departing his executive role with KAR Global; the wholesale industry veteran also is giving up his leadership position with the National Auto Auction Association.
On Monday, NAAA announced that Byrd has decided to step down from the association’s board of directors after more than a decade of service on the leadership team.
Beginning in 2009, the association recapped ,Byrd served as NAAA’s secretary until 2016 when he became the association’s treasurer.
NAAA said past president Paul Lips, who also is chief revenue officer at ADESA, will take the reigns as treasurer effective as of May 13. In addition, NAAA said Lips will join the board of directors and act as ADESA’s representative on the NAAASC/JDPower Joint Marketing Committee.
“While we’re saddened by his leaving, we wish Warren all the best,” NAAA chief executive officer Frank Hackett said in a news release. “His efficient fiscal management and strong financial discipline as treasurer has been a key factor in making NAAA the dynamic, robust organization it is today.
“On behalf of the entire membership, I thank Warren for his dedicated service and invaluable contributions to NAAA and our industry,” Hackett added.
The association highlighted one of Byrd’s notable accomplishments is that he was instrumental in the creation of NAAA’s AuctionNet annual dividend program, which has returned nearly $3 million to participating auctions to date, Hackett added.
In 2011 NAAA honored Byrd for his service by naming him a Warren Young Fellow with a $2,500 donation in his name to the association’s Warren Young Scholastic Foundation. Last year he received the Remarketer of the Year Award at the CAR Conference.
Byrd’s departure from NAAA’s board coincides with his decision to leave KAR Global as its executive vice president of corporate development and real estate.