Reviver Appoints Andrew Iorgulescu as CEO, Signaling a New Era of Growth and Automotive Innovation
Rhea-AI Summary
Reviver (KAR) announced on November 14, 2025 the appointment of Andrew Iorgulescu as Chief Executive Officer and President, marking an executive leadership change focused on growth and automotive innovation.
Andrew is described as a serial entrepreneur and automotive technology leader who co-founded OPENLANE (previously public under the KAR ticker) and co-founded The Appraisal Lane, which was acquired in 2020. Blair Duncan was named Chief Financial Officer with over 30 years of financial leadership experience, and Scott Gales joins as Vice President of Product to support product development and partnerships with dealerships, OEMs, DMVs, law enforcement, and drivers.
Positive
- Experienced CEO hire with prior OPENLANE co-founder role
- CFO with 30+ years of financial and capital planning experience
- Product leadership added with 20+ years of automotive software experience
- Clear go-to-market focus on dealerships, OEMs, DMVs, and law enforcement
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, KAR declined 2.02%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
A serial entrepreneur and renowned automotive technology leader, Andrew has spent his career building and exiting high-growth businesses that reshape how vehicles are bought, sold, and managed. He co-founded OPENLANE, a wholesale vehicle marketplace that became a publicly traded company (NYSE: KAR) and remains a key player in automotive remarketing today, and later co-founded The Appraisal Lane, a virtual trade platform acquired by The Reynolds and Reynolds Company in 2020.
"Reviver has a product that both consumers and dealers really value. I'm looking forward to pushing this technology into more states and deepening our partnerships with dealerships, OEMs, government agencies, law enforcement, and with the automotive industry as a whole."
— Andrew Iorgulescu, CEO
Blair Duncan has been appointed Chief Financial Officer, bringing more than 30 years of experience leading financial strategy and capital planning for high-growth, venture- and private-equity-backed companies.
Scott Gales, Vice President of Product, rounds out the leadership team. A seasoned automotive software professional with over 20 years of experience, Scott brings deep expertise in developing products that bridge the gap between dealership operations, consumer needs, and emerging technology.
Together, Andrew, Blair, and Scott will help drive Reviver's growth — supporting dealerships, advancing next-generation functionality, and creating value for beneficiaries including law enforcement, DMVs, and drivers.
About Reviver
Reviver is the pioneer of digital license plate technology, offering connected vehicle solutions that modernize the driver experience, streamline compliance, and enhance safety. With its growing network of dealerships and government partners, Reviver continues to redefine what's possible in automotive innovation.
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SOURCE Reviver