XLerate Names CFO

XLerate Group announced that Tom Schuler has joined XLerate as its Chief Financial Officer. XLerate is a group of dealer-centric auctions with physical and satellite sale operations in California, Texas, Florida, South Carolina, Mississippi, and Wisconsin.

“We are very excited to have Tom Schuler join our team as CFO. Tom has 15 years’ experience as a financial executive for both publicly-traded and privately-held companies. His extensive experience with corporate finance and strategic acquisitions will be extremely helpful as we look to expand XLerate in the coming years,” said Cam Hitchcock, XLerate’s CEO. Prior to joining XLerate, Tom held CFO positions at Wright Implement, Diversified Vehicle Services, Auction Broadcasting Company and Braun Consulting. Hitchcock continued “Tom and his financial team will work closely with senior management and the auctions to build on the continued success of the organization.”

“I am fortunate to be joining XLerate at this time, as the Company has an outstanding senior leadership team in place; a strong financial foundation; and, a group of auctions that are widely recognized for superior customer service,” stated Schuler. “These ingredients will allow us to continue to provide the highest level of service to our customers as we grow the business.”

Tom and his family reside in the Indianapolis area. Schuler is a graduate of Harvard College (BA) and UCLA (MBA).