Patty Stanley, ServNet's chairman of the board and owner of two ServNet auctions, has been inducted into the NAAA Hall of Fame. She received the honor during the NAAA/NRC Convention in Las Vegas in November.

Stanley, who co-owns the Carolina Auto Auction and Indiana Auto Auction, joins her husband Henry Stanley, a former NAAA president inducted into the Hall of Fame in 2013.

Stanley entered the auction industry in 1969, when she and her husband purchased Capital Auto Auction in Columbus, Ohio. The Stanleys renamed the auction to Ohio Auto Auction and sold it to GE Credit in 1990. That same year, they purchased the Fort Knox Auto Auction and renamed it the Carolina Auto Auction.

In 2007, the Stanley auction family expanded with the purchase of the Indiana Auto Auction in Fort Wayne, Ind.

Stanley was honored in part for her "focus on customer service, consistency and operational excellence that has shaped the success of both auction facilities, both of which have been frequently cited for superior performance by the national remarketing community," according to ServNet.

Carolina Auto Auction has been named top auction in the nation five times since 2005 for BB&T, a record eight times for FISERV/RSA, and three times for Donlen. In its first year of eligibility, Indiana Auto Auction placed second in RSA's rankings in 2011, following up in 2012 as number one in the nation.  The auctions have won numerous other first place awards for Wheels, ARI, UACC, and CAC.

The Stanleys also took the lead as executive sponsors of the newly-formed Auction Academy, which is designed to train the next generation. Patty was recognized as one of the Women in Remarketing in 2013.