KAR Global has promoted Lisa Price, who served as the company’s executive vice president of human resources to chief people officer.
Price is the first to hold this title at the company, according to KAR Global.
In this new position, Price will increase her focus on KAR’s company culture, its employer brand, and its employees’ safety and security. She will also assume leadership of KAR’s Safety and Security teams.
"Over the past six years, Lisa and her team have transformed how the company and its business units look at, recruit, measure, develop and promote people. She has championed people as a top priority for the company — from recruitment to retirement," said Jim Hallett, KAR Global chairman and CEO. "Lisa's people-first drive will help define who we are and who we aspire to be as a company by fostering an environment of development and employee appreciation."
Prior to this role, she brought human resources, payroll, benefits, and compensation departments enterprise-wide into alignment with KAR’s strategic and operational goals.
Price joined ADESA, a business unit of KAR, in 2005 as corporate counsel, responsible for everything from employment litigation and third-party liability to compliance risk management and advice and counseling.
She was promoted to vice president of litigation and employment counsel for KAR in 2007. In 2013, she assumed the role of executive vice president of human resources.