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Reviver Appoints Andrew Iorgulescu as CEO, Signaling a New Era of Growth and Automotive Innovation

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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.

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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

-2.02% News Effect

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.

GRANITE BAY, Calif., Nov. 14, 2025 /PRNewswire/ -- Reviver, the company behind the first digital license plate, today announced the appointment of Andrew Iorgulescu as Chief Executive Officer and President. The change in executive leadership marks an important moment as Reviver reaffirms its commitment to innovation, adaptability, and strategic partnerships in the automotive industry.

Reviver Appoints Andrew Iorgulescu as CEO, Signaling a New Era of Growth and Automotive Innovation

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/reviver-appoints-andrew-iorgulescu-as-ceo-signaling-a-new-era-of-growth-and-automotive-innovation-302616063.html

SOURCE Reviver

FAQ

Who was named CEO of Reviver on November 14, 2025 and what is his background?

Andrew Iorgulescu was named CEO; he is a serial entrepreneur who co-founded OPENLANE and co-founded The Appraisal Lane, acquired in 2020.

What is Reviver's ticker symbol and when was the new CEO announced?

Reviver is referenced with ticker KAR, and the CEO appointment was announced on November 14, 2025.

Who is Reviver's new CFO and what experience does he bring?

Blair Duncan was appointed CFO and brings more than 30 years of financial strategy and capital planning experience.

What product and market priorities did Reviver highlight with the leadership changes?

Reviver emphasized expanding digital license plate deployment, deepening dealership and OEM partnerships, and supporting DMVs and law enforcement.

What role will Scott Gales play at Reviver after the November 14, 2025 announcement?

Scott Gales was named Vice President of Product to lead product development linking dealership operations, consumer needs, and emerging technology.
OPENLANE Inc.

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