ADESA Announces Appointment of Chief Operating Officer
5 August 1999
ADESA Announces Appointment of Chief Operating Officer
INDIANAPOLIS--Aug. 5, 1999--"ADESA Corporation has appointed Don Harris chief operating officer of the Company," stated Jim Hallett, president and chief executive officer of ADESA Corporation. "Don's strong leadership, his commitment to provide exceptional service and his experience have allowed him to gain the respect of ADESA's customers and its employees. His accomplishments, experience and knowledge of the industry make Don the obvious choice to lead ADESA's operational team as we continue to grow and acquire new auctions," said Hallett.Harris, 44, has been with ADESA for more than 10 years and has served as the general manager of ADESA auctions in Lexington, Kentucky, Buffalo, New York and most recently, Jacksonville, Florida. He attended Florida State University, where his major area of study was Real Estate-Risk Management/Insurance. He acquired licenses in insurance and securities and worked in that industry prior to his career in the automotive industry.
"I consider myself fortunate to be a part of ADESA's success, having watched it grow from a small start-up company to the second largest auto auction company in the world," said Harris. "I appreciate all of the opportunities that ADESA has provided to me and my family. It is exciting to see MP Automotive Services' commitment to growth, and I now look forward to achieving ADESA's corporate goals of expanding the business and enhancing operational performance."
ADESA Corporation is North America's second largest provider of wholesale vehicle remarketing services operating a chain of auto auctions throughout the United States and Canada. ADESA also has affiliated businesses providing vehicle remarketing, wholesale floorplanning and transportation services in the automotive industry. MP Automotive Services, Inc. is the parent company of ADESA Corporation and a wholly-owned subsidiary of Minnesota Power, Inc., a diversified services company with headquarters in Duluth, MN. Minnesota Power's common stock is traded on the New York Stock Exchange under the symbol MPL.