ATLANTA – February 7, 2020 – Manheim has named Zach Hallowell as the new lead of Manheim Digital amid the company’s significant growth and innovation in the digital wholesale space. Entrusted with leading the transformational efforts across Manheim’s digital platform, M LOGIC™, Manheim Express and condition reporting, Hallowell is also focused on ensuring wholesale buyers and sellers understand the sheer magnitude of possibilities that come with the evolving wholesale landscape.
“Zach’s commitment to our clients’ success, passion for the possibilities of technology and deep background in digital remarketing made him the ideal choice to lead our digital teams into the future,” said Grace Huang, president of Manheim. “As a visionary in digital wholesale, Zach’s drive to innovate and ability to lead through change will enable Manheim to continue being the best place for dealers and consignors to do business.”
A car enthusiast since he first saw a Ferrari Testarossa at nine years old, after which he eagerly read car magazines cover to cover and loved visiting car dealerships with his dad, Hallowell’s love of cars has driven much of his storied career. Shortly after graduating from Middlebury College, he found a way to merge his love of cars and interest in technology by moving to the epicenter of tech innovation—Silicon Valley.
One of the original creators of private online wholesale stores, Hallowell also pioneered the digital grounding and upstream remarketing space. He led the team responsible for one of the first upstream lease end-of-term grounding platforms in the early 2000’s and helped design the lease grounding and upstream sales platform for captive finance companies and rental and fleet providers. His nearly two decades long career in automotive has led him to be the named inventor on numerous patents related to wholesale remarketing systems. Hallowell joined Manheim four years ago to build the company’s private store business and has held increasingly progressive leadership roles since.
“To be in this position with Manheim and the broader Cox ecosystem is equally exciting and humbling,” Hallowell commented. “When I think about what cars represent for our culture—the freedom and mobility to go anywhere at any time—and combine that with the technology resources and wherewithal here at Manheim, I know we have the opportunity to shape the future by bringing together our physical and digital assets to benefit our clients and make a real difference.”
The future is what Hallowell has a keen eye on. His appointment comes at a time when Manheim has seen exponential growth across its digital platforms—from Manheim.com to Manheim Express, Simulcast, OVE and more. In 2019, Manheim saw more than 150,000 unique monthly visitors to its digital channels, grew its Digital Block™ sale lanes to 150 and sold over 2.3 million vehicles to digital buyers—nearly half of Manheim’s total. As the growth continues, Hallowell believes its critical to help dealers lean into the changes ahead.
“I’ve always been passionate about progress; what makes me uncomfortable is complacency,” he added. “We’re at an inflection point in wholesale where the pace of change and digital adoption is increasing, and I’m confident that the dealer body will be stronger as a result. It’s incredibly important for buyers and sellers alike to embrace these new opportunities to take inefficiencies out of the market, and we will take our clients beyond the traditional auction experience to something even better.”
About Manheim
Manheim®, the nation’s leading provider of end-to-end wholesale vehicle solutions, is celebrating 75 years as an industry innovator, driving success for clients, the company, its team members and the industry. The dream of five men who auctioned off a handful of cars in 1945 from a single-lane location in Manheim, Pennsylvania launched a company that today offers 7 million used vehicles annually and facilitates transactions representing nearly $67 billion in value with the grit and determination of 17,000+ team members. Through its physical, mobile and digital sales network, Manheim offers services for inventory management, buying and selling, floor planning, logistics, assurance and reconditioning. Operating the largest vehicle wholesale marketplace, Manheim enables clients more efficient ways to connect and transact business how and when they want. Headquartered in Atlanta, Manheim is a Cox Automotive™ brand. For more information, visit http://press.manheim.com.
CONTACT: Julie Zorn Shipp, Senior Manager, Public Relations, at 404-558-7837 or julie.shipp@coxautoinc.com
