AutoSource, a Woods Cross-based branded title auto dealership, has named Bradley J. Walsh its new CEO. He replaces founder Luke Kjar, who remains on the board of the company.
Walsh was previously senior vice president of asset remarketing for Santander Consumer, a subprime automotive finance company in Dallas. He has also served as executive vice president and chief marketing officer for QCSA Direct, an auto salvage auction company in Davenport, Iowa.
“I first want to thank Luke and the board for their confidence in me to manage this company,” said Walsh. “What Luke and the team have created is amazing and their preparation for future success is incredible. I am very fortunate to lead such a talented team.”
“It has been a tremendous honor to serve as founder and CEO of AutoSource,” said Kjar. “I am incredibly proud of everything our team has accomplished in the past 13 years. I am very proud of what we have built, am excited about our future, and look to Brad to help us continue on our successful path.”
Rob Wagman, chairman of the board of AutoSource, said, “Brad has been part of this industry for many years and we are delighted to have him join the team. His experience within the automotive space between financing, salvage and dealer operations will help AutoSource exceed the goals we have set forth. I look forward to working closely with Brad while he helps set the direction of the company.”
Branded title automobiles are those that have been permanently marked because of insurance incidents such as wrecks, floods or other damage that caused the unit to be deemed salvage.