It awards $52,000 in merit scholarships annually for study at accredited institutions. Since its establishment in 2004, the Scholastic Foundation, named in honor of Warren Young, Sr., a pioneer of the auto auction industry who retired after 35 years of service to his profession and NAAA, has helped 180 students pursue dreams of higher education and raised more than $2.5 million.
A fellow is a donor at that level, or in whose honor or memory a contribution is made in that amount, to support the scholarship organization. NAAA, which represents about 350 wholesale auto auctions and more than 140 associate members, gave the award with a $2,500 donation in Stanton's name to NAAA's nonprofit Warren Young Scholastic Foundation. In 2012 West was designated as a Warren Young Fellow by NAAA in recognition of his many contributions to the industry and association.Īnd speaking of the Warren Young Fellow program, the newest one is Staton, the executive vice president and chief operating officer of the National Automobile Dealers Association. NAAA also inducted West into its Hall of Fame in 2011. In 2004, he was inducted into the National Independent Automobile Dealers Association Ring of Honor. West was named vice president at Black Book in 2003. After several years in that position, West was named assistant field coordinator and worked directly with the survey contractors who attend wholesale auto auctions throughout North America on behalf of Black Book. West, who joined Black Book 36 years ago as an editorial assistant, eventually took on the responsibility for editing the passenger car portion of Black Book’s domestic guides. Gene McDonald, Bob Burnett and of course Tom Cross are not only champions for our industry but also for doing the right thing in any situation,” West said.
“I would also be remiss if I didn’t mention the unbelievable leadership that I have benefited and learned from.
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West recognized the wonderful industry colleagues he has worked alongside, including auction owners, general managers, and industry executives, whom he has built significant personal and professional relationships with, and his own family, who allowed him to travel freely, often at times, to establish the relationships that have helped to allow Black Book the ability to be recognized as one of the leading brands in our industry. As a matter of fact, I don’t consider this an individual award at all but one I share with each and every one of our employees,” West said through a news release distributed by Black Book. “I have been so fortunate to work for Black Book for 36 years and utilize the support and resources that they have provided for myself and all of our employees. Remarking on his acceptance, West thanked his Black Book family, who provided him the opportunity to enter the industry 36 years ago. The award was originally scheduled to be presented at the 2020 CAR Conference. The organizations honored West to highlighted his more than 30-year contributions to the remarketing industry. The NAAA ceremony included chief executive officer Frank Hackett and current president Laura Taylor, who also is general manager of Charleston Auto Auction.
The IARA presentation included executive director Tony Long and current president Paul Seger, who also is vice president of asset remarketing at Element. West received the Ed Bobit Industry Icon Award, and the National Auto Auction Association named Stanton as its newest Warren Young Fellow.įor West, Black Book’s longtime vice president of North American auctions, his accolade arrived during virtual award ceremonies first on Wednesday with the International Automotive Remarketers Alliance (IARA) and then a day later with NAAA. Two well-known names within the used-vehicle space - Mike Stanton and Tim West - each recently were given industry accolades for their service.
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