According to a news release, Vandermeer will be responsible for the growth and management of NextGear Capital’s Canadian division.
“As we continue to grow our international presence, it’s important that we place the right people in position to fuel our customers and help them turn a corner in their business,” said Brian Geitner, president of NextGear Capital. “Roy has played a significant role in the development of our customer base in Canada and we look forward to his continued leadership and contributions to our company in this new role.”
Vandermeer has more than 30 years of experience in the automotive remarketing industry, starting as a sales representative with Georgetown Chrysler in 1981.
He joined NextGear Capital in 2013 as the regional director for its Canada region. Before this role, Vandermeer spent 12 years in various leadership positions within Manheim’s Canadian operations. Other past experiences include posts with AFC, CIBC Finance and Municipal Financial Leasing Corporation.
“I am proud and honored to work for such a great organization and look forward to continuing the momentum we have built since launching NextGear Capital in Canada,” Vandermeer said.