Jay Cadigan will retire from Manheim, capping a 40-year career in the remarketing industry that included stints at auctions, as well as leasing companies and rental car operators.

Cadigan, a past Remarketer of the Year, will retire from the Atlanta-based company on Aug. 31. He had served as vice president of industry relations since 2012.

"There's no question Jay has been a driving force at Manheim and within the remarketing industry for some 40 years," said Janet Barnard, president of Cox Automotive Inventory Solutions. "He's been instrumental in helping Manheim maintain its leadership position and worked tirelessly to shape the industry."

In his current role, Cadigan led Manheim's strategic efforts to develop, promote and establish consistent standards, processes and policies to advance the remarketing industry, according to a release.

Prior to that, he served as market vice president for Florida and Puerto Rico, president of sales and operations for the General Motors and Avis Budget Group accounts and general manager of Skyline Auto Exchange (now Manheim NY Metro Skyline).

Cadigan held various leadership roles with the National Auto Auction Association (NAAA), including president, vice president, and board chairman. He was inducted into the NAAA Hall of Fame in 2015. He is a current member of NAAA's executive committee and board of directors. Cadigan is also a past president of the Eastern Auto Auction Association.

In 2016, Cadigan was named to the Ring of Honor from the National Independent Automobile Dealers Association (NIADA). He received Remarketer of the Year at the 2015 Conference of Automotive Remarketing.

Cadigan began his automotive career working at a car dealership. Prior to joining Manheim in 1993, Cadigan sharpened his customer relations and team building skills as assistant general manager of Golden Gate Auto Auction in Fremont, Calif., and gained remarketing experience by working with US Fleet Leasing, Avis Car Leasing and Hertz, according to the release.