ATLANTA — Cox Automotive has named Shane O’ Dell president of financial solutions. He will oversee NextGear Capital, a financial services company that serves more than 23,000 dealers across North America, the United Kingdom and Ireland.
“Shane is a proven leader at NextGear Capital and his focus on the needs of our customers will further strengthen the financial solutions team at Cox Automotive and its focus on service excellence,” said Mark O’Neil, COO at Cox Automotive. “Shane’s deep knowledge and expertise in the financial industry will be an asset to our company, partners and customers.”
O’Dell previously served as senior vice president of vehicle solutions at Manheim, where he was responsible for setting and executing key business strategies around Manheim’s third-party logistics, including vehicle transportation, reconditioning, imaging, purchase protection and inspections. He also focused on Cox Automotive's transportation company, Ready Logistics.
O’Dell's career also includes a stint as COO for NextGear Capital, where he oversaw day-to-day operations and provided strategic direction on revenue growth and risk mitigation.
“I couldn’t be more thrilled to come back and lead the Financial Solutions team at Cox Automotive and continue to develop products and solutions to help dealers with their financial and inventory needs and be a partner in helping them achieve success,” said O’Dell.