DETROIT – After a battle with cancer, Lou Fischer passed away July 24. He was 66. A remarketing industry icon, Fischer was a mainstay in the remarketing and vehicle leasing business for the past 45 years.
Fischer was most recently manager of remarketing and planning for VPSI, Inc. and held the position since 2002. Prior to that, he worked for Wheels, Inc., for 17 years in a variety of high-level positions, including vice president – Vehicle Remarketing.
“Years ago, when I was interviewing one of the candidates for Lou’s position, they asked, ‘Who else are you looking at?’ When I replied, ‘Lou Fischer,’ they said, ‘If you can get Lou Fischer, you should hire Lou Fischer,’ ” said Steve Pedersen, vice president of VPSI, Inc. “I cannot think of a better compliment than one given by your competition. I was lucky enough to convince Lou to join VPSI in 2002 after a long career in fleet management with Wheels, Inc. He brought a gentle and thoughtful demeanor, as well as his broad expertise, that will have a lasting presence here.”