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IAA Inc
F:3NI

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IAA Inc
F:3NI
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Price: 36.8 EUR -1.08% Market Closed
Market Cap: 4.9B EUR
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IAA Inc
Investor Relations

IAA Inc., a prominent player in the automotive auction and salvage industry, has carved a niche by intertwining technology with its extensive network of auction sites. Headquartered in Westchester, Illinois, the company specializes in auctioning damaged or total-loss vehicles that insurance companies and car dealers no longer require. IAA's core operation revolves around its innovative auction model, which leverages both physical locations and a robust online platform. This hybrid approach allows buyers from around the globe to bid on vehicles in real-time, increasing competitiveness and ultimately driving up the final sale prices. Whether a buyer is seeking parts, salvage potential, or even rebuildable vehicles, IAA caters to a diverse clientele ranging from dismantlers to rebuilders and used car dealers.

Revenue generation at IAA hinges on several streams, primarily through auction fees and service charges, creating a multifaceted income structure. Selling thousands of vehicles daily, the company collects fees from both sellers, for listing and selling vehicles, and buyers, for purchasing cars through their platforms. Additionally, ancillary services such as transportation, storage, and vehicle titles further augment their revenue, offering a comprehensive package that meets all client needs throughout the transaction process. At the heart of IAA's strategy is a commitment to leveraging data analytics and technology, enhancing their capability to match supply with demand efficiently, and ensuring their operations are synonymous with speed and reliability in vehicle management. This combination of strategic market presence and emphasis on technological solutions fosters robust partnerships across the automotive industry and positions IAA as a leader in transforming automotive remarketing.

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Earnings Calls

No Earnings Calls Available

Management

Mr. John W. Kett
CEO, Pres & Director
No Bio Available
Ms. Susan L. Healy
Exec. VP & CFO
No Bio Available
Mr. Maju P. Abraham
Chief Information Officer & Sr. VP
No Bio Available
Mr. Sidney Peryar
Chief Legal Officer, Exec. VP & Sec.
No Bio Available
Mr. Timothy O'Day
Pres of U.S. Operations
No Bio Available
Mr. Christopher Carlson
VP, Corp. Controller & Principal Accounting Officer
No Bio Available
Ms. Jeanene O'Brien
Sr. VP of Global Marketing & Communications
No Bio Available
Mr. Steve Muscarello
Sr. VP of Sales & Chief Commercial Officer - U.S.
No Bio Available
Mr. Bill Davidson
Sr. VP & Chief People Officer
No Bio Available
Mr. Terry Daniels
Sr. VP of International Operations
No Bio Available

Contacts

Address
ILLINOIS
Westchester
2 Westbrook Corporate Ctr Fl 10
Contacts
+17084927000.0
www.iaai.com