Ricky Beggs, senior vice president and editorial director for Black Book, will retire April 1, the company said today.
Beggs, 59, joined Black Book in 1981 as its used-car editor and was named its managing editor in 1990.
He was named to his present position in March 2013.
“It has been an honor to work alongside Ricky, who truly has become an industry legend,” Black Book President Tom Cross said in statement.
“His legacy of leadership and his dedication to excellence have left an enduring mark on our company, ensuring our position as the industry’s most reliable and accurate source of vehicle valuation and insight.”
Anil Goyal, Black Book’s vice president of automotive valuation and analytics, will oversee its editorial division. Kevin Giddens, former senior editor at Black Book, was named its editorial director and will be in charge of the day-to-day editorial operations.
“I will be forever grateful to Black Book for giving me the opportunity to be a part of a team that has represented the interests of the automotive community with respect and integrity all these years,” said Beggs in a statement.
“I’m certainly proud of our accomplishments, and I leave knowing Black Book is well positioned for its next phase of growth and development.”
Beggs was known, among other accomplishments, for his Webcast videos shot at his desk, often with college football memorabilia in the background. He frequently reminded his viewers that his data came from a legion of researchers stationed “in the lanes” to get that week’s used-vehicle prices.