NextGear Capital closed the opening month of the new year by announcing the promotion of three individuals from Cox Automotive to fill key roles on its client-facing team. The moves are aimed strengthen its partnerships and further its commitment to independent dealer success. 

The three executive promotions include:

• Kali Gipson joins NextGear Capital’s sales team as a regional sales director. He started at Cox in 2013 and spent the last seven years at Manheim Houston where he led the dealer sales team.

• Lori Shaw has been promoted to portfolio director. She joined NextGear Capital in 2013, working primarily in risk management. Most recently, she served as portfolio manager for the Virginia Beach territory.

• Tracy Warner has also been promoted to portfolio director. With a background in banking, Warner joined NextGear Capital in 2012 as a portfolio manager in Syracuse, N.Y., where she co-created the field chapter of Women with Drive, a national networking group that serves the automotive space by supporting women to pursue careers in the motor industry.

“Our people are the key to our success, and I could not be more excited about these team members stepping into new roles that serve our valued clients,” NextGear Capital president Scott Maybee said in a news release.

“These leaders bring a proven track record of success to NextGear Capital and Cox Automotive, and I know they will help us develop even stronger relationships that will help drive mutual success,” Maybee went on to say.