MT. ARLINGTON, N.J. – Sal Terranova, national remarketing manager at Carolina Auto Auction in Anderson, S.C. and Gus Xamplas, vice present of remarketing at Donlen Corporation in Northbrook, Ill., were both appointed to the IARA Board of Directors on November 15.

Terranova also manages the Fleet Lease Department for the auction. He brings over 20 years of remarketing experience to his role at Carolina. Previously, he was head of Remarketing for First Union National Bank for seven years and worked for GE Capital Auto Lease for 15 years. Terranova has approached his remarketing roles with the perspective of maximizing value throughout the remarketing process.

With a BS degree in Business Administration and Marketing, Terranova believes that both efficiency and effectiveness are key process objectives for both the auction, and the client.

Donlen Corporation’s Vice President of remarketing joined the company in April 2007. With more than 20 years in auto and asset management industries, Xamplas is a former vice president of credit risk management for Wells Fargo Financial, and former senior vice president of consumer leasing at Bank of America. Prior to these roles, he served as a senior vice president of retail credit at First of America.

With a BS in Accounting from DePaul University and is a certified public accountant (CPA). Xamplas is eager to build upon Donlen’s reputation in the marketplace for quality customer service.