Pub 3 2023 Issue 1

©2023 Kentucky Auto Dealer | The newsLINK Group, LLC. All rights reserved. Kentucky Auto Dealer is published four times each year by The newsLINK Group, LLC. for Kentucky Auto Dealer Association and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of Kentucky Auto Dealer Association, its board of directors, or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. Kentucky Auto Dealer is a collective work, and as such, some articles are submitted by authors who are independent of the Kentucky Auto Dealer Association. While the Kentucky Auto Dealer encourages a first print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at 855.747.4003. CONTENTS 8 10 18 6 President's Message Our Hard Work Pays Off Jason Wilson 7 2023 KADA Executive Committee 7 Who we are at KADA 8 A Delay in the Safeguards Rule, But Dealers Should Not Wait By Hao Nguyen, Esq., Chief Legal Officer, ComplyAuto 10 Planning for Dealership Succession Dividing Multiple Dealerships Amongst Family By Duncan Moseley, Managing Director, Business Transition Advisory Group, Truist Wealth 13 Drive Our Industry Forward by Contributing to our KADET Fund 14 Over-Sharing in the Workplace? Why Your Company May Need a TikTok and BeReal Policy By Fisher Phillips 18 How Automotive Digital Retailing Can Affect Your Dealership 20 The Great Retention Tips to Retain Your Employees In 2023 23 2023 Important Dates To Remember 24 KADA Preferred Partner Programs 4 KENTUCKY AUTO DEALER

RkJQdWJsaXNoZXIy MTg3NDExNQ==