Seger Added to NAAA Hall of Fame

By Staff Writer September 12, 2022

Paul Seger, executive vice president and general manager, asset remarketing, at Element, has been inducted into the National Auto Auction Association’s Hall of Fame. The honor was presented to Seger during NAAA’s 2022 Annual Convention in Dallas.

Seger has held multiple positions within the fleet services and consumer finance vehicle remarketing divisions during his 35-year career at GE and now Element.

Membership in the NAAA Hall of Fame, established in 1968, recognizes individuals whose long-term service to the auto auction industry and NAAA has contributed improvements to remarketing, has worked with the trade organization to benefit its members, and has consistently followed the high standards of the association’s Code of Ethics.

“This moment is actually a privilege and an honor, just to be considered, and I’m humbled by it,” Seger told Used Car News shortly after receiving the award.

He said looking at the list of others who have received the award made him wonder how he was chosen.

“Then I realized it was because of the unbelievable group of folks I’ve had around me my entire career,” Seger said. “Collectively, we made a difference in everything we did.”

Seger talked about his wife, Laura, and what she meant to him. She died in April of COVID.

“She’s right here with me,” he said, pulling out her photo.

Throughout his career, Seger has achieved numerous milestones and accomplishments. During the 1990s, he was instrumental in navigating the consumer finance business through one of the most challenging cycles in the automobile industry. He is a GE Six Sigma Green Belt with multiple quality improvement projects to his credit. In the early 2000s, Seger led the launch of GE’s automotive remarketing services business for non-lease customers. In 2015, he was named Consignor of the Year by his industry peers. He is on the International Automotive Remarketers Alliance (IARA) board of directors and served as IARA President from 2019-2021.

After Hurricane Katrina, Seger and a key auction partner created The Race to Give, a collaborative fundraising effort between Element, a key auction partner, and buying dealers. By calendar year 2022, The Race to Give had raised more than $2.5 million for charities, including the American Red Cross and others.

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Last modified on Monday, 12 September 2022 00:59