James Hallett joined ADESA in 1993 as president of its Canadian operations.
ADESA announced Hallett's departure Monday, May 9. The Carmel, Ind., company did not elaborate.
Hallett, 52, would not discuss details.
He also was president of ADESA Corp., which operates the 53 wholesale auto auctions owned by ADESA Inc.
In the wake of Hallett's departure, ADESA Inc. CEO David Gartzke, 63, has assumed the presidency of ADESA Corp.
Chuck Tapp, ADESA Corp.'s executive vice president of sales and mar-keting, also has assumed responsibi-lity for customer relations, ADESA says.
Last month, ADESA Corp. named Bradley Todd its COO. Todd is president of the company's captive finance arm, Automotive Finance Corp.
At the same time, ADESA Corp. named Paul Lips senior vice president of operations.
Gartzke says that the management changes will enable ADESA to make the most efficient use of its resources.
Hallett, a native of Ottawa, joined ADESA in 1993 as president of its Canadian operations. He owned auction sites in Ontario and Nova Scotia, which he sold to ADESA.
He became president of ADESA Corp. in 1996 and CEO in 2001. He resumed the title of president in 2003.
Hallett says he is "evaluating a number of different opportunities. I hope to be able to announce something in the next 30 days."
ADESA Inc. was owned by ALLETE Inc. of Duluth, Minn., before ALLETE went public last June and spun off ADESA. ALLETE owns public utilities.
You may e-mail Arlena Sawyers at [email protected]