Author Archives: Savannah Gibson

Navigating the Automotive Remarketing Landscape: A Strategic Guide Informed By Industry Experts

May 14, 2025 | White Papers

INTRODUCTIONThe automotive remarketing industry stands at a pivotal moment, facing evolving economic pressures, regulatory complexities, and disruptive technologies. To provide clarity and foresight, Primeritus convened a panel of leading experts in a recent webinar. This white paper captures their collective insights, delivering an informed, practical roadmap to help lenders, remarketers, and service providers effectively navigate the shifting landscape. MEET THE PANEL OF EXPERTSJeremy Robb – Sr. Director, Economist & Industry Insights, Cox AutomotiveTim Mertikas – VP, Consumer Collections, Axos BankCraig Brown – AVP, Specialty Collections, Navy Federal Credit UnionBrooks Stewart – VP, Auto Finance Growth & Innovation, Allied SolutionsRobert “RJ” Kontich – VP, Auto Remarketing, Primeritus Financial Services MARKET DISRUPTION: KEY CHALLENGES FACING REMARKETINGInventory Shortages & Affordability PressuresThe used vehicle market continues to feel the aftershocks of pandemic-era new car production declines. Supply constraints persist, though signs point to bottoming out and gradual recovery. Prices, while softening, remain significantly elevated compared to … Continued

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Primeritus Carries Over Positive Momentum From 2023 With Elevation of Key Executive, Announces Jennifer Turnage as CEO

February 23, 2024 | Press Release

Steve Norwood Named Executive Chairman of the BoardPrimeritus Financial Services, Inc., (PFS), a national leader of repossession management, remarketing, titled services, and skip tracing services to the financial services industry, announced today that Jennifer Turnage has been named Chief Executive Officer. In this role, she will oversee all of Primeritus’ operations. While Steve Norwood has stepped down from the CEO role, he will remain on the Board of Directors and continue to play a pivotal role in developing the management team and key personnel, and fostering valuable client relationships.Turnage joined Primeritus in 2022 to serve as the Chief Financial Officer at the behest of Norwood. One year later, she was promoted to President. Norwood and Turnage have a lengthy history of building successful companies together, and the newly restructured and growing Primeritus is the latest success story for the two longtime executive change agents.In 2005, Norwood co-founded Consolidated Asset Recovery … Continued

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