KAR Auction Services has appointed a new president for one of its dealer-centric business units: Preferred Warranties, Inc. (PWI), according to a company announcement.
Edmund Field will act as president of the company, which offers extended service contract protection plans for pre-owned vehicles at independent used car dealerships and at small franchise retail automotive and power sport dealers.
In this position, Field will be responsible for leading PWI’s operations and digital and mobile product development. He will also lead the company’s market growth strategies, according to the announcement.
Field brings over 20 years of experience in the automotive industry. Most recently, he served as director of new product development at KAR. Prior to joining KAR, Field worked at Volkswagen Group and VW Credit, Inc. in the areas of insurance, sales, business development, new product development, contact center operations, fleet management, and manufacturing.
Field will be based at KAR’s global headquarters in Carmel, Ind.