Black Book has expanded the role of Jared Kalfus, vice president of data licensing, to also oversee the company's Lender Solutions division, the company has announced.

The appointment of Kalfus, a leading data executive in the automotive industry, reinforces the importance of providing insightful collateral data and analytics to automotive lenders seeking ways to grow profitable portfolios, according to Black Book.

With nearly 20 years of experience in the automotive industry, Kalfus has served in a variety of sales and management roles for leading brands. He joined Black Book in June of 2012, where he began his tenure as vice president of automotive licensing. Kalfus remains responsible for overseeing the national sales team focused on licensing Black Book data to automotive OEMs, auctions, VARs, dealerships, marketing companies and others that serve the automotive industry, while also adding responsibility for the Lender Solutions team.

"Jared is well known and respected throughout the industry, and his broad automotive experience coupled with his knowledge of data analytics makes him the perfect fit for this role," said Tom Cross, Black Book's president. "His knowledge in sophisticated data platforms will be of significant benefit to both our automotive and lender customers, who continuously look for profitable portfolio expansion strategies."