TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%
TSLA364.270-1.93%
GM82.200-4.42%
F13.210-0.4%
RIVN14.990-0.41%
CYD35.4000.88%
HMC32.200-0.33%
TM191.530-2.38%
CVNA65.120-0.72%
PAG212.610-2.14%
LAD316.270-5.41%
AN168.290-6.59%
GPI246.420-8.53%
ABG183.060-4.85%
SAH63.660-2.29%

NADA chooses Mike Stanton, an NADA insider, to replace retiring CEO Peter Welch

Mike Stanton in a CBT News interview in 2017

The National Automobile Association is promoting from within, as it names COO Mike Stanton as the organization’s next President and CEO. Stanton is set to succeed Peter Welch, who has been the association’s leader since his appointment by the NADA Board of Directors in 2013.

“NADA is a great organization representing one of America’s most important industries,” Stanton said in a press release announcing the hiring. “It is an honor to be chosen for this role, in this pivotal time for dealers, and I am excited to get started.”

Stanton has overseen operations at NADA since 2018. Before working with NADA, Stanton served in roles with Nissan and Isuzu North America. He was selected and approved by an NADA Board-led search committee which was overseen by search firm Spencer Stuart according to the organization.

Welch announced his plans to retire earlier this year. He will remain in his role as CEO through the end of 2020, and Stanton will begin his tenure leading NADA on January 1, 2021.

Did you enjoy this update from Josh Isley? Read other articles from him here.

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