CARMEL, IN – ADESA, Inc. has named Jonathan Peisner vice president of investor relations and planning. Peisner succeeds Paul Lips, who was recently promoted to senior vice president of operations for ADESA Corp. LLC, the company's used-vehicle auction subsidiary.

Peisner previously served as managing director and founder of Axios Advisors, LLC, and Axios Capital Partners, LLC, independent investor relations and financial consulting advisory firms founded in 2003. Prior to establishing Axios, Peisner held senior-level investor relations, planning, and treasury positions in both the automotive and retail sectors, including treasurer of Collins & Aikman, (a Fortune 1,000 automotive supplier), director of investor relations and business planning of Lear Corp. (a Fortune 150 automotive supplier), and assistant treasurer of Arbor Drugs, Inc. (an Inc. 1,000 retailer). Peisner is a CPA and earned his Bachelor of Arts degree in accounting from Michigan State University and MBA in finance from Wayne State University.

An investor relations practitioner since 1990, Peisner is a member of the National Investor Relations Institute (NIRI) and has served on NIRI's Small Cap Advisory Committee, Volunteer Advisory Network, and has been a contributor to NIRI's "IR Body of Knowledge." He is also co-chairman of the Investor Relations Special Interest Group for the Financial Executives Networking Group.

Peisner's appointment to vice president of investor relations and planning is effective immediately and he will report to Cam Hitchcock, executive vice president and chief

financial officer. Peisner will relocate from West Bloomfield, Mich. to Carmel.