Happy New Year, everyone. I hope that you enjoyed your holidays and that 2014 is off to a good start for you.

As the new president and CEO of ADESA, I just wanted to take a moment to introduce myself. I have worked at ADESA for 15 years in a number of roles, from chief financial officer to regional vice president, to president and chief operating officer of ADESA Canada. I also served for many years as general manager of ADESA Montreal, one of our largest auctions.

I am very excited by this new opportunity to now lead ADESA on both sides of the border. It is a time of change in our industry. There are many new prospects in the areas of technology and integration. At ADESA, we have the strength of our auction network. We have the strength of our technology. I am confident that with our outstanding group of leaders—both in the U.S. and Canada—we will continue to grow this business for our employees, customers and shareholders.

I look forward to getting to know many more of you in the days ahead, and I want to wish you the very best for 2014.