The National Auto Auction Association (NAAA) announced March 5 that Michael Hayes has resigned as chief operating officer, citing a commitment to family. His resignation is effective immediately.

A search for a new COO will commence immediately, said NAAA President Tony Long, who will assume day-to-day operational responsibilities in the interim.

Hayes joined NAAA in November 2002 during the initial stages of a strategic review of operations aimed at helping NAAA be a more effective organization within the auto auction industry at a time of unprecedented growth. That review eventually led to NAAA’s “Roadmap To The Future” initiative, which recommended a new governing structure for the organization, new Dealer Affairs and Institutional Affairs programs, a greater focus on education and training, and more communication with members and others throughout the industry.

“Michael has made important contributions to our strategic repositioning and helped us build more value for our members and customers,” Long said. “It’s regrettable that he’s leaving, but we certainly respect his commitment to family and wish him all the best.”

Originally posted on Fleet Financials