Auction Technology Group Plc, operator of marketplaces for curated online auctions has appointed Jeremy Stewart as President of Industrial and Commercial (I&C) in North America.
The company runs six leading marketplaces and manages proprietary auction platform technology for curated online auctions.
Stewart (LinkedIn profile) who takes on a newly formed position, will be responsible for advancing the I&C business and coordinating innovation across this business unit in North America, following a period of strong growth. Stewart joins from Care.com where he was general manager and president of supply and operations. Prior to that he was president of Angie’s List (now Angi), overseeing the Angie’s List and HomeStars marketplaces and mHelpDesk field service management product.
One of the first tasks Stewart will be tasked with is to help manage the roll out of ATG Pay, an integrated payment offering that makes it easier for bidders to transact on ATG’s marketplace. It allows auctioneer partners to collect payment quickly and easily, while automatically complying with state tax laws.
“Our goal is to perfect and advance the online auction eco-system, enabling our auctioneers and their consignors to maximize the value of their secondary assets as well as helping buyers find industrial and commercial equipment,” said Stewart.
ATG’s I&C business has evolved significantly in recent years, through introducing new services and marketplaces to the group, including integrating Proxibid in 2020. Auctioneers now benefit from an improved network effect via Proxibid’s connection to BidSpotter, more digital marketing solutions and back-office software through Wavebid, which brings more bidders to each auction and helps auctioneers get optimal prices for assets.
“The President of Industrial & Commercial for ATG North America is a new role and shows our commitment and focus on serving this sector,” said John-Paul Savant, CEO of ATG.
“We will increase our investment in technology, product, services, and people, as we partner with auction houses in the evolution of the auction industry from offline to online, ultimately enabling us to better serve both auctioneers and bidders.”