Manheim to Launch New Market Structure in 2016

December 9, 2015
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Manheim recently revealed plans to simplify its market structure. Effective Jan. 1, 2016, the inventory services provider will split its operating locations into two divisions: Local & Mobile and National. The firm also announced the three vice presidents who will oversee the new divisions.

Alan Lang will act as the vice president for the Local & Mobile division, which is responsible for driving Manheim’s mobile auction strategy and growth, identifying new opportunities and partnering closely with the company’s local and national sites. Lang will be joining Manheim from NextGear capital, where he serves as senior vice president of operations and is responsible for business development strategies across all business segments.

Mike McKinney, who currently serves as regional vice president for Manheim’s East Operations, will become vice president for the National division. The National division will continue to offer a full spectrum of physical and digital services to Manheim dealer clients from designated Northeast, Southeast, Central and West regions. These locations will support the company’s Vehicle Solutions offerings, which also include the newly created Retail Solutions — a service designed to help dealer clients with their used-car operations, showroom and service bays.

HUANG
HUANG

“Mike and Alan’s deep customer knowledge and experience in remarketing and operations make them ideal choices for these exciting new roles,” said Grace Huang, Manheim senior vice president of inventory services. “I know our employees and customers will benefit from their strong leadership.”

The company expects the structure change to offer a nimbler, targeted approach to its dealer and commercial clients. The structure change should also provide partnerships focused on specific client needs, according to Manheim.

“This is a strategic change for Manheim, but one that we are confident enables us to be an even stronger partner and solutions provider for our commercial and dealer clients,” Huang said. “Our new market structure also will position us for continued innovation and growth in 2016 and beyond.”

Tags: Manheim

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