Scott and her leadership team will unify EBlock into a single marketplace bringing land and technology together.
E Automotive Inc. d/b/a E INC (TSX: EINC) (the “Company” or “E INC”) and EBlock, an E INC brand, announced changes to their leadership team, promoting Lisa Scott from Chief Revenue Officer to President of EBlock. This move is intended to help the Company create a unified land and technology leadership structure designed to keep the Company agile and focused on delivering on its land-meets-technology vision.
“Our goal is to create a single marketplace that brings land and technology together so dealers can transact where and how they prefer. Since Lisa joined the Company one year ago, she has been laser-focused on building a strong team to deliver on this goal. She’s been instrumental in bringing our land-meets-tech vision to life from our operations and services to our best-in-class digital platform. This move to President is a natural progression for her and the Company to take the next leap,” said E INC CEO, Jason McClenahan. “The timing is perfect, considering we’ve just expanded our presence through the acquisition of Houston Auto Auction earlier this year, and as we continue to build our presence in the Louisiana and Michigan markets.”
Prior to joining E INC, Ms. Scott served as the President of PAR North America, a leading nationwide provider of vehicle transition services for over four years, and she has also served as Chief Client Officer at ADESA Canada. Ms. Scott is recognized as a highly skilled, knowledgeable, and visionary leader with a proven track record of motivating her team and delivering extraordinary results in all aspects of the automotive business, professional auctioneering, and auction management businesses.
“I am thrilled to be taking on this new role in such a dynamic company,” Scott said. “Our culture, technology, and team are truly unique to this industry and I know we will continue to add value to our partners in the future. EBlock is an extremely viable solution and I am committed to strengthening and refining our offerings in different wholesale verticals as well as introducing our first-to-market solution, LiveLanesTM.”
Enabled by LiveLanes, EBlock will be the industry’s only combined auction platform bringing together digital and physical inventory. This innovation allows dealers to buy and sell onsite and offsite inventory in the same auction event.
E INC’s overarching land-meets-tech strategy consists of acquiring profitable physical auction assets in the company’s focused regional markets and integrating them onto the EBlock digital wholesale marketplace platform. EBlock’s dealer-to-dealer digital marketplace expands and enhances the reach of a physical auction to attract more sellers and buyers across a broader market. Connecting physical auctions and digital auctions across one single platform will create a network of logistics hubs and improve the flexibility offered to customers to do business where and how they prefer it.
