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IAA-Insurance Auto Auctions

#2399

Rank

$5.34B

Marketcap

US United States

Country

IAA-Insurance Auto Auctions
Leadership team

Mr. John W. Kett (CEO, Pres & Director)

Ms. Susan L. Healy (Exec. VP & CFO)

Mr. Maju P. Abraham (Chief Information Officer & Sr. VP)

Products/ Services
Automotive
Number of Employees
1,000 - 20,000
Headquarters
Westchester, Illinois, United States
Established
1982
Company Registration
SEC CIK number: 0001745041
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
IAA
Overview
Location
Summary
IAA, Inc. operates a digital marketplace that connects vehicle buyers and sellers. The company's platform facilitates the marketing and sale of total loss, damaged, and low-value vehicles for a range of sellers. It provides buyers with various bidding/buying digital channels, vehicle merchandising, evaluation services and online bidding tools, and replacement part inventory. The company serves a buyer base and spectrum of sellers, including insurance companies, dealerships, fleet lease and rental car companies, and charitable organizations. It has approximately 200 facilities in the United States, Canada, and the United Kingdom. IAA, Inc. was founded in 1982 and is headquartered in Westchester, Illinois.
History

In 1982, International Automotive Auctions (IAA) was established with the opening of its first auction in St. Louis, Missouri. IAA pioneered the consolidation strategy for auto auctions in 1990, and since then it has grown to include corporately managed auction locations, 31 independent sites and an online auction platform, iaai.com. IAA is sponsored by KAR Auction Services Inc ., a leading service provider in the used vehicle industry.

Mission
Providing the Advantage in Salvage Auto Auctions
Vision
Our vision is to be the leader in creating value and convenience for buyers, sellers, insurers, and members of the auto community, while providing them with an auction platform that is convenient, secure, and worry-free.
Key Team

Mr. Sidney Peryar (Chief Legal Officer, Exec. VP & Sec.)

Mr. Timothy O'Day (Pres of U.S. Operations)

Mr. Christopher Carlson (VP, Corp. Controller & Principal Accounting Officer)

Mr. Steve Muscarello (Sr. VP of Sales & Chief Commercial Officer - U.S.)

Mr. Bill Davidson (Sr. VP & Chief People Officer)

Mr. Terry Daniels (Sr. VP of International Operations)

Ms. Jeanene O'Brien (Sr. VP of Global Marketing & Communications)

Recognition and Awards
Over the years, IAA has been honore and it has been recognized as a 'Top Workplace' by The Atlanta Journal-Constitution, 'Top Performer in Retail Operations' by Automotive News, and 'Best Brand in Salvage and Insurance Vehicles' by Auto Remarketing Magazine. IAA also has received many other awards and recognitions for its work in the vehicle auction industry.
References
IAA-Insurance Auto Auctions
Leadership team

Mr. John W. Kett (CEO, Pres & Director)

Ms. Susan L. Healy (Exec. VP & CFO)

Mr. Maju P. Abraham (Chief Information Officer & Sr. VP)

Products/ Services
Automotive
Number of Employees
1,000 - 20,000
Headquarters
Westchester, Illinois, United States
Established
1982
Company Registration
SEC CIK number: 0001745041
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
IAA