PRESS RELEASE
Date: November 29, 2007
For Immediate Release
Contact: International Automotive Remarketers Alliance (IARA)
Matt Marks, Executive Director
Phone: 973/398-2274
info@iaraonline.org
IARA Board of Directors Appoints Terranova and Xamplas
MT. ARLINGTON, NJ - Sal Terranova, national remarketing manager at
Carolina Auto Auction in Anderson, S.C. and Gus Xamplas, vice
present of remarketing at Donlen Corporation in Northbrook, Ill.,
were both appointed to the IARA Board of Directors on November 15.
Terranova
also manages the Fleet Lease Department for the auction. He brings
over 20 years of remarketing experience to his role at Carolina.
Previously, he was head of Remarketing for First Union National Bank
for seven years and worked for GE Capital Auto Lease for 15 years.
Terranova has approached his remarketing roles with the perspective
of maximizing value throughout the remarketing process.
With a BS degree in Business Administration and Marketing, Terranova
believes that both efficiency and effectiveness are key process
objectives for both the auction, and the client.
Donlen Corporation’s Vice President of remarketing joined the
company in April 2007. With more than 20 years in auto and asset
management industries, Xamplas is a former vice president of credit
risk management for Wells Fargo Financial, and former senior vice
president of consumer leasing at Bank of America. Prior to these
roles, he served as a senior vice president of retail credit at
First of America.
With a BS in Accounting from DePaul University and is a certified
public accountant (CPA). Xamplas is eager to build upon Donlen’s
reputation in the marketplace for quality customer service.