Rob Thompson, owner of Mid-State Auto Auction in New York Mills, Minn., has been elected to serve a two-year term on the Board of Directors for ServNet Auctions.
He serves on the Board with Eric Autenrieth (Indiana Auto Auction); Bill Williams (Flint Auto Auction); Ben Brasher (Brasher's Auctions) - Treasurer; Kevin Brown (Missouri Auto Auction) - Vice President; Patty Stanley (Carolina Auto Auction/Indiana Auto Auction) - President; and R. Charles Nichols (BSC America) - Chairman of the Board.
"It is an honor for me to join ServNet's Board of Directors," Thompson said. "Our association with ServNet in 2008 was a tremendous step for our auction, and we're proud to number our facility among the other auctions in the group that share ServNet's commitment to innovation and excellence. As part of ServNet, we learn from the best, sharing ideas on running our facilities more efficiently and working to provide the best auction services to our customers. I look forward to working even more closely with the ServNet auction owners as we continue to move ServNet forward, develop innovative solutions for our local and national customers, and strengthen our industry."
"We are very pleased to add Rob Thompson to the Board," says Patty Stanley, ServNet's president. "He brings tremendous enthusiasm and energy to the work, along with a fresh perspective and clear understanding of the issues that we face as an industry."
Thompson is a second-generation owner of Mid-State Auto Auction, which was founded in 1983 by his father, Robert E. Thompson. Rob joined his father in the business after graduating from college in 1986, and took over the reins as sole owner last year when his father retired. Rob credits his father with extraordinary business acumen in building a thriving business in the small community of New York Mills, which today operates as an ultra-modern, four lane facility and has emerged as one of the region's leading auctions.
Stanley reports that, as ServNet's newest board member, Thompson was part of two important initiatives which will continue to define the group's support of the CFPB certified program. She notes that a committee of ServNet members was formed specifically to oversee CFPB compliance for the group's auto finance customers. In addition, the group is creating a central repository of auction data that ServNet auctions can use in conjunction with audits by their finance customers. Richard Curtis of ServNet's executive staff is coordinating the project.
"It is a pleasure for me to work with Rob and the other members of ServNet's board who devote so much time and energy to serving this organization," said Stanley. "In addition to building the strength of our group and extending the scope of the services we offer, it is critical that ServNet maintain a strong voice in discussions of the issues that affect our industry as a whole. The work undertaken by ServNet's board of directors is critical to that process, and I know I speak for all the ServNet auctions in acknowledging the board's efforts as we address the challenges and opportunities that lie ahead."
The ServNet Auction Group is a network of America's best strategically located independently-owned wholesale auto auctions. Since 1988, ServNet member auctions have been working together to provide a full range of remarketing services to its customers, including the best auctioneers, inspections, reconditioning, transportation assistance and inventory financing. The ServNet Auction Group is managed by TPC Management with headquarters in Franklin, Tennessee.