BNET Industries
Last Fiscal Year Sales:$280.8M
- Private
- US
Dow Jones Description
Salvage Vehicle Auction Services
President & CEO
Thomas C. O'BrienNumber of Employees 936
Contact Information
2 Westbrook Corporate Ctr Ste 500
Westchester, Illinois 60154
(708) 492-7000
Peer Companies
NAICS Code Used Car Dealers: 441120
News & Analysis
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company and insurance auto auctions inc. - All News and Analysis
Insurance Auto Auctions, Inc. Announces Tender Offer and Consent Solicitation for Its 11% Senior Notes Due 2013
WESTCHESTER, Ill. -- Insurance Auto Auctions, Inc. (the "Company") announced today that it is offering (the "Offer") to purchase for cash any and all of its outstanding $150,000,000 aggregate principal amount of 11% Senior Notes due 2013 (the "Notes"), on the terms and subject to the conditions set forth in...
Insurance Auto Auctions Announces Improved Third Quarter Results
WESTCHESTER, Ill. -- Insurance Auto Auctions, Inc., a leading provider of automotive salvage and claims processing services in the United States, announced record vehicle returns during the third quarter. These results were driven by increased buying activity as a result of IAA's live auctions with internet bidding. The Company...
Insurance Auto Auctions Drives Record Returns for Its Customers
WESTCHESTER, Ill. -- Insurance Auto Auctions, Inc., a leading provider of automotive salvage and claims processing services in the United States, today announced record vehicle returns during the second quarter. IAA's dual bidding strategy has continued to drive more buyers to the Company's auctions than ever before, resulting in increased...
Insurance Auto Auctions Announces Opening of Greenfield Facility in Jacksonville, Florida
WESTCHESTER, Ill. -- Insurance Auto Auctions, Inc. (Nasdaq:IAAI), a leading provider of automotive salvage and claims processing services in the United States, today announced the opening of a new greenfield facility in Jacksonville, Florida. This new 10-acre facility will provide needed coverage in the northern part of the state and...
Insurance Auto Auctions Announces First Quarter Results
WESTCHESTER, Ill. -- Insurance Auto Auctions, Inc. (Nasdaq:IAAI), a leading provider of automotive salvage and claims processing services in the United States, today reported higher net earnings for the quarter ended March 27, 2005. The Company recorded net earnings of $5.0 million, or $0.41 per diluted share, versus net earnings...
Insurance Auto Auctions, FTI Consulting, HA-LO Industries, DDi, and Power-One Conference Calls to be Broadcast On Investor Broadcast Network Over the Internet
Business Editors/Hi-Tech Writers PHILADELPHIA--BUSINESS WIRE--Oct. 20, 2000 Insurance Auto Auctions, Inc. (Nasdaq:IAAI), FTI Consulting, Inc. (AMEX:FCN), HA-LO Industries, Inc. (NYSE:HMK), DDi Corp. (Nasdaq:DDIC), and Power-One, Inc. (Nasdaq:PWER) will broadcast their investor communication conference calls over the Internet, Investor Broadcast Network announced. Insurance Auto Auctions, Inc. will broadcast...
Insurance Auto Auctions Profit Rose 111% Third Quarter
PALATINE, Ill.--BUSINESS WIRE--Oct. 30, 1996--Insurance Auto Auctions, Inc. (NASDAQ:IAAI), the leading provider of automotive salvage services in the United States, today reported that net revenue for the quarter ended Sept. 30, 1996 was $68.7 million, up 6% from $64.9 million for the same period in the previous year. ...
Insurance Auto Auctions announces shareholder suit
NORTH HOLLYWOOD, Calif.--BUSINESS WIRE--Aug. 8, 1995-- Insurance Auto Auctions Inc. (NASDAQ:IAAI) today announced that a shareholder has filed a lawsuit against the Company and four of its officers and directors in the United States District Court for the Central District of California. The lawsuit alleges violations of the federal...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Thomas C. O'Brien | President & CEO |
| David R. Montgomery | COO & Senior Vice President |
| John R. Nordin | CIO & Vice President |
| Scott P. Pettit | CFO & Senior Vice President |
| Donald J. Hermanek | Senior Vice President, Sales & Marketing |
| John W. Kett | Senior Vice President, Planning & Business Dev |
| Peter Doder | Vice President, Business Development |
| Sidney L. Kerley | General Counsel, Secretary & Vice President |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Brian T. Clingen | Board of Directors |
| David I. Wahrhaftig | Board of Directors |
| David J. Ament | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Insurance Auto Auctions, Inc. | President & CEO | Current |
| The First American Corporation | Board of Directors | Current |
| Insurance Auto Auctions, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Insurance Auto Auctions, Inc. | COO & Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Insurance Auto Auctions, Inc. | CIO & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Insurance Auto Auctions, Inc. | CFO & Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Insurance Auto Auctions, Inc. | Senior Vice President, Sales & Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Insurance Auto Auctions, Inc. | Senior Vice President, Planning & Business Dev | Current |
| Organization | Position | Status |
|---|---|---|
| Insurance Auto Auctions, Inc. | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Insurance Auto Auctions, Inc. | General Counsel, Secretary & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Insurance Auto Auctions, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Insurance Auto Auctions, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Insurance Auto Auctions, Inc. | Board of Directors | Current |
Executive News
-
Insurance Auto Auctions Announces a New Location in Harrisburg, Pennsylvania
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