Jan. 8, 2013
/PRNewswire-USNewswire/ -- The National Automobile Dealers Association has selected
Peter K. Welch
as its new president.
"I'm excited and honored to be selected as the next
president," said Welch, 59.
Welch has been president and chief executive officer of the California New Car Dealers Association (CNCDA) in
since 2003, and has managed its government affairs office, including legal, legislative and regulatory affairs, since 1990. It's the country's largest state organization for new-car dealers.
is a well-run organization. I look forward to following in the tradition of strong leadership at
. I'm ready to roll up my sleeves and get started," Welch said.
The unanimous decision was made at a special meeting of the
Board of Directors in
Tuesday, Jan. 8
, following an extensive nationwide search. Welch will become the
president officially on
"Peter will be a great leader at
Chairman. "He has an impressive track record in
, where every day he faced some of the toughest regulatory and legislative issues in the industry. He's a car guy who comes highly recommended not just from people in
, but also across the nation," added Underriner, a new-car dealer in
vice chairman, said he is looking forward to working with the new president. "
is a great selection," said Westcott, a new-car dealer in
"He is the right person to help lead our organization as we confront the challenges ahead."
A native of
, Welch has been married to
for 32 years. They have three children.
He earned a bachelor's degree from the
University of Michigan
; a master's degree from the University of
; and a law degree from
Loyola Marymount University
. Prior to joining the CNCDA, he was a partner with a
has a bright future with Peter as president," Underriner said.
In connection with the appointment of Welch as
president, Underriner also announced the following promotions, effective immediately:
The NADA Story
- Joseph L. Cowden, Executive Vice President, Chief Operating Officer and CFO
- Andrew D. Koblenz, Executive Vice President, Legal and Regulatory Affairs and General Counsel
- David W. Regan, Executive Vice President, Legislative Affairs.
story began in 1917 when 30 auto dealers traveled to the nation's capital to convince Congress not to impose a luxury tax on the automobile. They successfully argued that the automobile is a necessity of American life, not a luxury. From that experience was born the National Automobile Dealers Association. Today,
represents nearly 16,000 new-car and -truck dealers, with 32,500 franchises, both domestic and international. For more information, visit
SOURCE National Automobile Dealers Association