CORPORATE MOVES: Reynolds acquires California company
A spokesman for the company declined to comment beyond the release Friday and declined to make any company executives available for interviews.
Reynolds Chairman and Chief Executive Bob Brockman said in the statement: “Ron has made a significant contribution to Reynolds over the years. He’s a talented executive, and we wish him well in his future endeavors.”
Lamb was named to the position in 2010 — at a difficult time for the U.S. auto industry — and had been with the company for 25 years.
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Brockman also said, “Reynolds ended 2016 as one of its strongest years in the past decade and that momentum has carried over into this year. With the strength of our product portfolio and the depth of talented bench strength in our executive ranks, we are looking forward to the opportunities ahead and to our continued growth.”
Based on a County Line Road campus, Reynolds and Reynolds provides automobile dealership software, services, and forms to help dealerships form relationships with customers.
The company has more 4,000 employees worldwide and about 1,300 locally.
Industry publication Automotive News described Lamb as “a salesman-turned-digital visionary who sought to reinvent the dealership software giant, turning it from a vendor of back-office functions into a company deeply embedded in every aspect of auto retailing.”
In 2014, Lamb spoke with this news outlet, saying new-car dealerships were then under pressure to find new ways to earn profits because of increased competition, higher sales volumes, digitally connected consumers and regulatory compliance pressures.
“You’re not going to get more customers over the next five years, so you’ve got to do a better job with the volume you have today,” Lamb said at the time.
“The dealership business is undergoing a fundamental retail transformation that now requires dealers to win the retailing battle inside the four walls of the dealership and outside the four walls, where the automotive retailing experience of today begins for consumers,” he said in 2013.
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