EY Announces KAR Auction Services CEO Jim Hallett as an EY Entrepreneur of the Year 2014 Award Winner in the Midwest
For Immediate Release
Darci Valentine
darci.valentine@adesa.com
317-249-4414
EY ANNOUNCES KAR AUCTION SERVICES CEO JIM HALLETT IS AN EY ENTREPRENEUR OF THE YEAR™ 2014 AWARD WINNER IN THE MIDWEST
Award recognizes entrepreneurial excellence in consumer category
Carmel, Ind.-based KAR Auction Services, Inc. (NYSE: KAR), a provider of used vehicle auction services, announced today that CEO Jim Hallett received the EY Entrepreneur of the Year™ 2014 Award in the consumer category in the Midwest.
The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in areas such as innovation, financial performance and personal commitment to their businesses and communities. Hallett was selected by an independent panel of judges, and the award was presented at a special gala event at Navy Pier in Chicago on June 18.
“I am incredibly honored to have been chosen out of such an amazing group of individuals. They all have inspirational stories and incredible results,” said Hallett. “This recognition is not all about me—it reflects the dedication and hard work put in every day by our entire team to make the KAR Auction Services group of companies successful.”
Now in its 28th year, the program has honored the inspirational leadership of such entrepreneurs as Howard Schultz of Starbucks Coffee Company, Pierre Omidyar of eBay, Inc., and Mindy Grossman of HSN. Recent U.S. national winners include Reid Hoffman and Jeff Weiner of LinkedIn; Hamdi Ulukaya, founder of Chobani; and 2013 winner Hamid Moghadam, CEO and Chairman of Prologis.
As a Midwest award winner, Hallett is now eligible for consideration for the Entrepreneur Of The Year 2014 national program. Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 15, 2014. The awards are the culminating event of the EY Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies.
Sponsors
Founded and produced by EY, the Entrepreneur Of The Year Awards are
sponsored in the United States by the Ewing Marion Kauffman Foundation
and SAP America. In the Midwest program, regional sponsors include
LaSalle Network, Benefitdecisions, PNC Bank, Becker Professional
Education, Merrill Datasite and Smart Business. Local sponsors include
1871 and The Big Picture.
About KAR Auction Services
KAR Auction Services, Inc. (NYSE: KAR), a FORTUNE® 1000
company, operates used vehicle auction services for North American
sellers and worldwide buyers. Based in Carmel, Ind., the KAR group of
companies is comprised of ADESA, Inc. (ADESA), Insurance Auto Auctions,
Inc. (IAA), Automotive Finance Corporation, Inc. (AFC), and additional
business units, with nearly 12,000 employees across the globe. Together,
KAR’s complementary businesses provide support, technology and
logistics for the used vehicle industry. For more information, visit
karauctionservices.com.
About EY Entrepreneur Of The Year™
EY Entrepreneur Of The Year is the world’s most prestigious business
award for entrepreneurs. The unique award makes a difference through the
way it encourages entrepreneurial activity among those with potential
and recognizes the contribution of people who inspire others with their
vision, leadership and achievement. As the first and only truly global
award of its kind, Entrepreneur Of The Year celebrates those who are
building and leading successful, growing and dynamic businesses,
recognizing them through regional, national and global awards programs
in more than 145 cities in more than 60 countries.
About EY’s Strategic Growth Markets practice
EY’s Strategic Growth Markets (SGM) practices guide leading high-growth
companies. Our multidisciplinary teams of elite professionals provide
perspective and advice to help our clients accelerate market leadership.
SGM delivers assurance, tax, transactions and advisory services to
thousands of companies spanning all industries. EY is the undisputed
leader in taking companies public, advising key government agencies on
the issues impacting high-growth companies and convening the experts who
shape the business climate. For more information, please visit us at
ey.com/us/strategicgrowthmarkets, or follow news on Twitter @EY_Growth.
About EY
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services. The insights and quality services we deliver help build trust
and confidence in the capital markets and in economies the world over.
We develop outstanding leaders who team to deliver on our promises to
all of our stakeholders. In so doing, we play a critical role in
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