Blog

Aug 02, 2023

Former RM Sotheby’s Execs Launch New Collector Car Auction Company

Former RM Sotheby’s President Kenneth Ahn will head up a new collector car

Former RM Sotheby's President Kenneth Ahn will head up a new collector car auction company, called "Broad Arrow Group," which will be announced later today. Its roster of executives and specialists mostly come from RM Sotheby's.

Ahn will serve as Chief Executive Officer, with founding members Barney Ruprecht (Senior Car Specialist), Alexander Weaver (Senior Car Specialist), Donnie Gould (Senior Car Specialist), Maddie Baker (Director of Client Services), Alain Squindo (Chief Operating Officer), Ian Kelleher (Chief Marketing Officer), and Mike Mortorano (Chief Administrative Officer, General Counsel) joining him in making the jump. Karsten Le Blanc, Chief Financial Officer, comes from Twin Spark Finance Ltd., a U.K.-based collector car finance company.

Broad Arrow Group says it intends to structure the company to conduct auctions, engage in private sales and offer financial services. The company will be based in Ann Arbor, MI, outside of Detroit.

A website will be launched today at www.broadarrowgroup.com, and the company plans to announce more specifics about its operations in the coming week.

With its roster of well-known and proven talent, Broad Arrow Group should enjoy immediate credibility in the industry. The announcement also raises many questions, which we will be asking its key executives soon. Please let us know in the comments what you would like to know about Broad Arrow Group.