SAN DIEGO — In the second of three new honors to be handed
out during Used Car Week, Auto Remarketing and SubPrime Auto Finance News
announced the inaugural winner of the Re3 Executive of the Year Award presented
by Consolidated Asset Recovery Systems.

Earning this accolade from a group of qualified candidates
who specialize in the repossession, recovery and remarketing industries is Jeff
Haynes, vice president and national remarketing manager at BBVA Compass.

Haynes possesses more than 20 years of experience in auto
financing, collections, originations and remarketing. He has been with BBVA
Compass for the past 16 years.

Haynes will officially receive his award during the Re3
Conference, which is sponsored by Digital Recognition Network and Primeritus
Financial Services and takes place on Nov. 13 at the Manchester Grand Hyatt in
San Diego.

The conference is the midpoint of Used Car Week and is set
to incorporate a wide array of industry leaders for the networking and
informational event.

The Re3 Executive of the Year Award will be handed to Haynes
by Steve Norwood, president and chief executive officer of Consolidated Asset
Recovery Systems.

"We have worked with Jeff and BBVA Compass since 2007. Jeff
has been instrumental in helping Consolidated Asset Recovery Systems understand
the intricacies of the repossession and remarketing business," Norwood said

"We have relied on his many years of experience in banking
and collections to guide us in refining our software and service to make sure
we are delivering the best service in the market," Norwood continued.

"His knowledge and experience in collections, repossessions
and remarketing sets him apart as one of the leaders in this industry. We are
honored to recognize Jeff's contribution to this market," Norwood went on to
say.

The publisher of Auto Remarketing and SubPrime Auto Finance
News and Used Car Week chair Bill Zadeits offered a similar reaction when
Haynes was selected this morning.

"Jeff Haynes represents exactly what a highly skilled
executive in the repossession, recovery and remarketing industries should be,"
Zadeits said. "We were excited to see Jeff nominated and chosen for this award,
and we're honored that our first-ever Re3 Executive of the Year Award is going
to such an outstanding individual."

Previously, Galpin Ford of North Hills, Calif., was
announced as the 2013 CPO Dealer of the Year, presented by NCM Associates,
while Dan Kennedy of GM Remarketing was chosen as the first-ever National
Remarketing Executive of the Year, presented by ServNet.

Organizers of Used Car Week have one other honor to announce — the Auto Finance Executive of the Year, presented by Black Book Lender
Solutions.

Individuals still interested in registering for Used Car
Week — which runs from Nov. 11 through Nov. 15 — still can do so by going to
www.usedcarweek.biz.

Nick Zulovich can be reached at nzulovich@subprimenews.com. Continue the conversation with SubPrime Auto Finance News on LinkedIn and Twitter.

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