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ADESA Europe announces the retirement of...

ADESA Europe announces the retirement of its CEO Johan Meyssen

ADESA Europe, a subsidiary of OPENLANE, announces the retirement of CEO Johan Meyssen. Under Meyssen’s leadership, ADESA grew into a remarketing player with sales entities in six countries and customers in more than 50 countries.

‘Johan’s bold vision and flexible thinking set a high bar for our customers and our employees as we led the way forward for our industry,’ said Srisu Subrahmanyam, Executive Vice President of Operations and President, Services and International Markets at OPENLANE. ‘For 15 years, he challenged the status quo with new ideas, leveraging the efficiency and convenience of ADESA’s digital platform to reinvent and streamline cross-border used car sales. We are grateful for Johan’s leadership and business acumen, for his many contributions and years of service, and we wish him the very best in his retirement.’

Meyssen joined ADESA—then CarsOnTheWeb—in 2008, after more than 20 years in the automotive industry with Europcar Belgium and Keddy Car Rental. During the course of his tenure with ADESA, he grew sales volumes by 10 times while maintaining deep commercial customer loyalty to the platform and expanding the company’s international buyer network to more than 100,000 members. He also successfully developed and rolled out ADESA’s company strategy and the go-to-market processes of two major business lines: the traditional cross-border sales of cars sourced from commercial customers, and—with the acquisition of GWListe in 2018—the dealer-to-dealer business model.

Most recently, Meyssen oversaw the consolidation and integration of ADESA UK and ADESA GWListe into the unified adesa.eu platform earlier this year—making it easier and faster than ever for customers across Europe to find the inventory they want. The combined platform now offers more than 4,000 vehicles in auction every day.

Internally, Meyssen has been a consistent and driving force shaping ADESA’s unique company culture, building a team of ambitious and innovative staff who are committed to delivering impeccable service to customers and making ADESA a great place to work.

Meyssen’s impact and legacy extend beyond ADESA to the broader industry. He is one of the founders of CARA (Car Remarketing Association Europe).

About ADESA Europe

ADESA Europe NV, based in Belgium, is a business unit of global vehicle remarketing and technology solutions provider OPENLANE (NYSE: KAR). With sales operations in Belgium, France, Germany, Italy, the Netherlands, Spain and the United Kingdom, ADESA Europe seamlessly connects OEMs, fleet owners, wholesalers and dealers with buyers in more than 50 countries across Europe through its robust online wholesale vehicle auction marketplace, www.adesa.eu.

About OPENLANE

OPENLANE, Inc. (NYSE: KAR), provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. The company’s unique end-to-end platform supports whole car, financing, logistics and other ancillary and related services. Our integrated marketplaces reduce risk, improve transparency and streamline transactions for customers around the globe. Headquartered in Carmel, Indiana, the company has employees across the United States, Canada, Europe, Uruguay and the Philippines. For more information and the latest company news, visit corporate.openlane.com.

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