ADESA, a business unit of KAR Auction Services, announced that Troy Peterson has been named general manager of the company’s upcoming ADESA Chicago location. ADESA President and CEO Stéphane St-Hilaire made the announcement.

In his new role, Peterson will oversee all business operations at ADESA Chicago and lead business development in the nation’s third-largest metropolitan area. Peterson will also drive all planning for the location’s upcoming grand opening in fall 2016.

“Troy’s extensive leadership experience and in-depth knowledge of dealers in the Chicago market will be instrumental to the successful launch and growth of our new state-of-the-art facility,” said St-Hilaire. “Our significant research and planning, combined with Troy’s unique understanding of this region, will ensure we deliver an unparalleled, solution-driven experience to area dealers.”

Prior to joining ADESA, Peterson worked at CARFAX, where he served in a variety of leadership positions including account manager, senior partner development manager and national auction development manager. Prior to that, he was the regional sales manager, general sales manager and dealer sales manager for Manheim’s Greater Chicago auction. He also served for three years as assistant general manager for Manheim’s Dallas-Fort Worth auction.

ADESA Chicago will be located in Hoffman Estates, Illinois, off of I-90 and conveniently located between six major interstate systems and near O’Hare International Airport. 

The facility will initially cover 65 acres with the option to expand to 150 acres.