GADA BOARD OF DIRECTORS EXECUTIVE COMMITTEE ISSUE 2, 2022–2023 TABLE OF CONTENTS THE Lehman Franklin Chair Charles Prater Chair-Elect Bo Scott Secretary/Treasurer William Strickland Immediate Past Chair Matthew Laughridge North Georgia Area Vice Chair Mike Domenicone West Georgia Area Vice Chair ©2023 The Georgia Automobile Dealers Association is proud to present The Generator as a benefit of membership in the association. No member dues were used in the publishing of this news magazine. All publishing costs were borne by advertising sales. Purchase of any products or services from paid advertisements within this magazine are the sole responsibility of the consumer. The statements and opinions expressed herein are those of the individual authors and do not necessarily represent the views of The Georgia Automobile Dealers Association or its publisher, The newsLINK Group, LLC. Any legal advice should be regarded as general information. It is strongly recommended that one contact an attorney for counsel regarding specific circumstances. Likewise, the appearance of advertisers does not constitute an endorsement of the products or services featured by The newsLINK Group, LLC. 4 Message From GADA Chairman Your Voice Matters Lehman Franklin, GADA Chairman 6 On My Mind Lea Kirschner, GADA President and CEO 8 Message From NADA Director NADA Notes Steve Middlebrooks, NADA Director 10 Headlights On the Law The 2023 Legislative Session: New Georgia Laws and More on the Way Ben Jordan, GADA General Counsel and Director of Governmental Relations 12 Insurance Insights Auto Dealership Loss Trends Shawn Presnell, Managing Director of Insurance Services 14 Member Spotlight Wanda Cronic Howell of Cronic Auto Group 18 How to Pay to Make It Go Away Recent Developments in Dealership Severance Agreements By Matthew Simpson and JonVieve Hill, Fisher Phillips 20 Positioning for the Future of EV Market Growth 24 Congratulations GADA! 2022 MarCom Awards Winner! 25 The Delay in the Revised Safeguards Rule is Over — Are You Prepared? By Hao Nguyen, Esq., Chief Legal Officer, ComplyAuto 28 The Right Time for a Risk Management Reset By Brandon Artigue, Director, Financial Risk Management, Truist Securities 30 Succession Planning for Dealers In an Evolving Business Environment By Bank of America Corporation 34 EVs & the Service Department By Justin Carr, Vice President, Warranty Processing Company District 1 Jason Denson Matt Laughridge Charles Prater District 2 Justin Fuller Bill Holt Bill Howell District 3 William Bridges Michael Domenicone Stacey Ellis Hodges Ted Hayes Ernest Hodge Austin Pugmire Ryan Regnier Bo Scott Valery Voyles District 4 Trey Dettmering Wanda Howell William Strickland District 5 Bill Gibbs David Jones Wesley Middlebrooks District 6 Jessica Clayton Emanuel Jones Dana McCracken District 7 Marsh Butler Jim Jackson Tim Redding, Jr. District 8 David Flowers Forest Hutchinson Al Park District 9 Mike Burch Mark Howell Chip O’Steen District 10 Lehman Franklin Chad Nesmith Spencer Thomas Heavy Trucks Director Rick Reynolds Public Group Representative Mike Sullivan Marsh Butler East Central Area Vice Chair David Flowers Southwest Area Vice Chair Chad NeSmith Southeast Area Vice Chair Steve Middlebrooks NADA Director GEORGIA AUTOMOBILE DEALERS ASSOCIATION 2060 Powers Ferry Road SE, Atlanta, GA 30339 (770) 432-1658 www.gada.com 3 THE GENERATOR
RkJQdWJsaXNoZXIy MTg3NDExNQ==