Press Release
KAR Auction Services Launches Volunteer Program In Honor Of Leap Year
Published February 24, 2016 - Written by IAA, Inc
10,500 full-time employees across North America offered day off work to perform community service
Carmel, Ind.-based KAR Auction Services, Inc. (NYSE: KAR), a provider of used vehicle auction services, announced today the launch of its Leap Into Service community program in honor of the upcoming Leap Day on February 29. KAR Auction Services Chairman and CEO Jim Hallett made the announcement.
As a part of “Leap Into Service,” KAR is giving all full-time employees across North America eight hours of paid time off to volunteer with the charity of their choice. Employees are encouraged to volunteer with family, friends or colleagues, and can choose to do so any day between Leap Day and the end of this year.
“KAR Auction Services is dedicated to serving the communities in which we live and work, and we are always looking for innovative and fun ways to give back,” said Hallett. “We recognized the extra day we get this Leap Year as an excellent opportunity to make a meaningful difference in the many different communities we are a part of across the country.”
The KAR Leap Into Service program is part of the company’s yearlong corporate giving campaign, which serves a variety of local and national nonprofit organizations.
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About IAA, Inc.
IAA, Inc. (NYSE: IAA) is a leading global marketplace connecting vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, IAA’s unique multi-channel platform processes more than 2.5 million vehicles annually. Headquartered near Chicago, IL, IAA has over 3,600 talented employees and over 190 facilities throughout the US, Canada and the United Kingdom. IAA provides a broad range of services to insurers, fleet and rental companies, rebuilders, charity organizations and financing companies that dramatically reduce the cycle time of selling a vehicle with a focus on delivering the highest economic returns. Buyers have access to the industry’s most-innovative vehicle evaluation and digital bidding tools, enhancing the overall purchasing experience.
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