ADESA 2023
Client Advisory Board June 5-7
Welcome to the ADESA Client
Advisory Board Meeting
Back by popular demand, ADESA is pleased to host the 2023 ADESA Client Advisory Board meeting at the award-winning Ojai Valley Inn & Spa on June 5‑7. This year’s event will include informative, interactive sessions, engaging networking opportunities and tips to increase productivity and wellness. We’ll wrap this year’s session on Wednesday, June 7 with a fireside chat and open audience discussion with Carvana’s Ernie Garcia.
About Ojai Valley Inn
Nestled within a rare coastal valley on 220-oak studded acres, the iconic Ojai Valley Inn offers an abundance of active and peaceful pleasures including a legendary golf course, 31,000 square foot Spa Village, multiple pools and seven unique dining outlets with settings that range from fast-casual, poolside, to fine dining. Consistently, the Inn has been honored in the prestigious, Condé Nast Traveler Magazine Top 100 Hotels in the World, editor-selected Gold List. The Inn has also been chosen by Travel + Leisure publication readers as one of the Best Hotels in the World.
Key Speakers
Ernie Garcia, III
President, Chief Executive Officer and Chairman, Carvana
Ernie Garcia, III co-founded Carvana and has served as President and Chief Executive Officer since its inception in 2012.
Garcia is also Chairman of the Carvana Co. Board. Prior to founding Carvana, Garcia held various roles at the DriveTime Automotive Group, Inc. from January 2007 to January 2013. From January 2007 to December 2008, he served as a financial strategist. He was a managing director of corporate finance from December 2008 to November 2009. From November 2009 until January 2013, he served as a Vice President and Treasurer and Director of Quantitative Analytics.
As Director of Quantitative Analytics, Garcia was responsible for the firm’s ongoing development of consumer credit scoring models, and its utilization of those tools in retail vehicle sales deal structuring and vehicle price optimization. Prior to DriveTime, Garcia was an associate in the Principal Transactions Group at RBS Greenwich Capital from 2005 to 2006, where he focused on consumer credit based investments. Garcia holds a B.S. in Management Science and Engineering from Stanford University.
Jay Bahel
EVP of Strategy and Analytics, ADESA
Jay Bahel is ADESA’s Executive Vice President of Strategy and Analytics. In this role, he works with all aspects of the ADESA business — including operations, product, technology, sales, and marketing — to help drive the business.
Bahel joined KAR Auction Services as VP of Strategic Initiatives at AFC in 2011 and next served as VP of Strategic Initiatives for KAR in 2015 before being named VP of Business Transformation at ADESA in 2019. Prior to joining KAR, Bahel was CIO for a division of Brunswick Corporation, a consulting group leader with Project Leadership Associates (PLA), and led his own technology management consultancy.
Bahel holds an MBA from Lake Forest Graduate School of Management and a Bachelor of Science in Operations Management from Northern Illinois University.
Mike Caggiano
EVP of U.S. Operations, ADESA
Mike Caggiano has served as ADESA’s Executive Vice President of U.S. Operations, since March 2013. In this position, he is responsible for leading the strategic development and primary business operations for the region.
Caggiano’s entry into the remarketing industry came in 1985 with a Massachusetts-based leasing company, where he eventually served as their general sales manager.
Caggiano joined ADESA Boston in 1996 as sales manager, where he was in charge of the auction’s dealer consignment sale. In 2000, he opened ADESA Concord, a greenfield site in Acton, Massachusetts, and served as the auction’s general manager. In 2007, he was promoted to regional vice president of ADESA’s Eastern region.
Caggiano is an active participant in the NAAA Membership Committee. He holds a bachelor’s degree from Franklin Pierce University in Rindge, New Hampshire.
John Combs
VP of Commercial Customer Solutions, ADESA
John Combs serves as Vice President of Commercial Customer Solutions for ADESA. He leads the team overseeing national commercial clients related to all ADESA services to ensure customer success.
John has held several positions throughout his robust 30-year career within the remarketing industry, including executive sales director, auction general manager, and manager of remarketing for a major bank and a non-prime auto lender. John earned his Bachelor of Science degree from Indiana University Bloomington in 1987.
Tom Kontos
Chief Economist, ADESA
Tom Kontos is Chief Economist for ADESA. He makes frequent presentations to clients and at automotive industry conferences, and is often quoted in the trade and national press. Tom is author of the Kontos Kommentary, a monthly e-mail report and video on wholesale used vehicle price trends. He oversees an analytical services team that produces numerous value-added studies for clients and dealer customers.
In 2016, Tom was awarded the inaugural Ed Bobit Icon of the Automotive Industry Award by the International Automotive Remarketers Alliance and the National Auto Auction Association.
Tom has more than 25 years of experience in market research, financial analysis and strategic planning; and holds bachelors and masters degrees in mineral resource economics from Pennsylvania State University.
Activities
Explore and choose from the unique group activities offered to create authentic and impactful moments that motivate, inspire and build camaraderie.
Golf
Spend the afternoon playing a round
of golf at one of America’s premier
Southern California golf resorts and
championship golf courses.
Wine Tasting
Expand your palate with a wine tasting class at Ojai’s Old Creek winery, featuring bottles from local vineyards.
Bikes & Brews
Enjoy a fun and informative bike ride around the town of Ojai along with some local brews. Bike rides will take you through the town of Ojai and to the East End where you will bike through orange groves and hear town history. Knowledgeable and friendly guides will lead your group throughout the tour, showing points of interest and gems that are home to the area. Then, enjoy a craft beer tasting at one of Ojai’s local tasting rooms.
Sailing Regatta
Get ready to experience an exhilarating regatta on the brilliant Pacific Ocean. Learn the true meaning of accountability while you are deep within the elements of The American Riviera! Each vessel includes a professional skipper who will accompany, challenge and direct the team during three short 30-minute races.
Spa
Surrounded by the inspiring Topatopa
Mountains, the 31,000 square foot
luxury spa is the heart of our serene
Spa Village. A visit to Spa Ojai unlocks access
to two pools, a fully-equipped gym,
Mind & Body classes, Spa Boutique and more.
Schedule
Join us at the beautiful and iconic Ojai Valley Inn for two days of purposeful and interactive presentations and small group sessions to discuss and learn more about ADESA’s current initiatives and plans for the future.
• Dress code is resort casual •
Dinner and Reception
6 p.m.
Breakfast
7 – 8 a.m.
General Session and Breakouts
8 a.m – 12 p.m.
Lunch
12 – 1 p.m.
Networking Activities
1 – 5 p.m.
Reception and Dinner
6 p.m.
Breakfast
7 – 8 a.m.
General Session and Fireside Chat with Ernie Garcia
8 – 10 a.m.
Lunch* and Adjourn
10 a.m. – 12 p.m.
Travel
Ojai Valley Inn and Spa is located between the following airports.
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30 Miles South of Santa Barbara – Approximately 45 Min
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Drive 75 Miles North of LAX – Approximately 1.5 Hour drive
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70 Miles North of Burbank – Approximately 1 Hour drive
Each attendee is responsible for arranging transportation to and from Ojai Valley Inn. You may book your transportation through LL Transportation by calling (805) 564‑4660. ADESA will handle all fees.