MANHEIM NAMES LOU VERRENGIA VICE PRESIDENT OF COMMERCIAL ACCOUNTS

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FOR IMMEDIATE RELEASE                                              CONTACT:
Lois Rossi 

Sept. 7, 2010
Director Public Relations, Manheim 

(678) 645-2028

 

 

MANHEIM NAMES LOU VERRENGIA

VICE PRESIDENT OF COMMERCIAL ACCOUNTS

 

ATLANTA - Manheim announced today the appointment of Louis "Lou" Verrengia
to vice president of commercial accounts. In this position, Lou will take a
leadership role within the commercial accounts team where he will be
responsible for building and maintaining client relations on the west coast.
Lou also will focus on developing business plans with Manheim's customers to
help meet their business needs and strategic goals. Lou will be based out of
California and will report to Tom Nohstadt, vice president, commercial
accounts, Manheim. 

 

"Manheim has a substantial commercial account base in the west, and it has
been a priority of ours to provide an equal level of account management to
support such an important group of customers," Nohstadt said. "I am pleased
that Lou and his team will lead that effort for this critical set of
customers."

 

For the past 10 years Lou served as executive director of sales - national
accounts with ADESA. During his career, Lou also served as dealer relations
manager for Chrysler's NuCar Prep division, and he worked in all capacities
at domestic and import automotive dealerships for more than 26 years. Lou's
solid industry and sales experience along with his background in building
strong customer relationships will be an asset to Manheim and the commercial
accounts team. 

 

Prior to his start in the automotive industry, Lou served in the U.S. Air
Force for four years, during which he spent time in Southeast Asia and
Italy. After completing his military service, Lou graduated from Rio Hondo
College in Whittier, Calif. 

 

"I am excited to be part of the Manheim team," said Verrengia. "I look
forward to the new challenges and opportunities associated with providing
the very best service for our valued customers."

 

About Manheim (www.manheim.com)

Manheim is the world's leading provider of vehicle remarketing services.
Through its 130 worldwide wholesale operating locations, Manheim impacts
every stage of a used vehicle's life cycle, helping commercial sellers and
automobile dealers maximize the full value of their vehicles.  Drawing from
its auction transaction volume, Manheim Consulting publishes the annual Used
Car Market Report, the definitive source of data for the used car industry.
Manheim Consulting offers a wide range of services including custom
analytics, business optimization and macro economic analysis.

 

Manheim is the online vehicle remarketing leader, connecting buyers and
sellers to the world's largest, most comprehensive wholesale marketplace
through its extensive in-lane and online offerings.  Manheim.com receives
nearly 900,000 visitors each week.  

 

Additionally, Manheim offers services including reconditioning,
certification, inspections, dealer financing, title management and
marshaling, among others.  Through its wide array of services and
technologies, industry publications, customer support and educational
offerings, Manheim gives its customers maximum control over how they buy and
sell vehicles, helping them to conduct business in the most efficient way
possible.  In 2009, Manheim handled nearly 10 million used vehicles,
facilitating transactions worth more than $50 billion in value.  

 

Headquartered in Atlanta, Georgia, Manheim is a subsidiary of Cox
Enterprises, a leading communications, media and automotive services
company.

 

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