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Ron Hope Joins Insurance Auto Auctions As Vice President - Business Development

17 February 1998

Ron Hope Joins Insurance Auto Auctions As Vice President - Business Development

    SCHAUMBURG, Ill., Feb. 17 -- Ron Hope has joined Insurance
Auto Auctions, Inc. as vice president -- business development,
it was announced by James P. Alampi, president and chief executive officer.
    One of three new executives added by IAA during the last year, Hope, 53,
will be part of the corporation's Senior Leadership Team and will concentrate
on translating corporate strategies into new profitable business units.  The
company is a leading provider of automotive and specialty salvage services in
the United States and provides insurance companies with cost-effective,
turnkey solutions to process and sell total-loss and recovered-theft vehicles.
    "Ron has successfully built new businesses for major wholesale automobile
auctions and understands adding value for customers in new ways," said Alampi.
"He will help us optimize car values through reconditioning and
merchandising."
    Before coming to IAA, Hope worked for ADESA Corporation where he
established reconditioning capabilities at their auction sites.  Prior to
that, he worked for ADT Automotive Group developing the entire reconditioning
infrastructure at its auction sites and including body and paint repair.
Before that, Hope spent 19 years with Chrysler Corporation overseeing the new
car preparation area including warranty, paint and mechanical conditioning and
transport.

SOURCE  Insurance Auto Auctions, Inc.