Stanton, 52, succeeds Peter Welch, who has led NADA since his appointment by the NADA Board of Directors in January 2013
Tysons, Va.—The National Automobile Dealers Association (NADA) has announced that Mike Stanton will serve as the organization’s next president and CEO. Stanton, 52, succeeds Peter Welch, who has led NADA since his appointment by the NADA Board of Directors in January 2013.
“NADA is a great organization representing one of America’s most important industries,” Stanton said. “It is an honor to be chosen for this role, in this pivotal time for dealers, and I am excited to get started.”
Stanton has served as COO of NADA since 2018, where he oversees daily operations of the association. He previously served as vice president and COO of the NADA Used Car Guide, which was sold to JD Power in 2015. Stanton also had several roles with NADA’s Industry Relations team advocating for dealers.
Stanton was selected and approved by an NADA Board-led search committee. International search firm Spencer Stuart, which also oversaw NADA’s CEO selection process in 2012, oversaw the selection process.
The board also selected Paul Walser as its 2021 chairman and Michael Alford as vice chairman.
Welch, who announced his retirement earlier this year, will lead the organization for the remainder of 2020 with Stanton taking the helm at NADA on Jan. 1.