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Austin automotive financial services firm makes leadership change

Thursday, September 15, 2016
Will Anderson for the Austin Business Journal

Bob Corbin is stepping down as president and CEO of Innovative Aftermarket Systems and will be replaced by Patrick Brown in the Austin-based finance company''s top job.

Corbin had led IAS since 2000 but now moves to the role of executive chairman, the company announced Monday. Brown started as president and CEO on Monday after spending eight years as a general manager at Austin-based NetSpend Corp., a subsidiary of Total System Services Inc. (NYSE: TSS) that makes prepaid debit cards.

IAS provides finance and insurance services to automotive dealerships. It is headquartered in Austin and has additional offices in Oklahoma City and Dublin, Ohio. It was founded in 1984 and employs more than 250 people nationwide, including about 180 in the Texas capital.

About IAS

Innovative Aftermarket Systems (IAS) is the leading provider of F&I aftermarket programs to automotive dealerships. IAS offers a variety of products including, GAP, Invisible Phantom Footprints, Theft Avert, Super Polysteel, The Preferred Difference, R.O.A.D. InTire, among others. Additionally, IAS' flagship software suite, SmartDealerProducts, provides revolutionary F&I software solutions for dealerships and their customers. IAS' training department, SmartDealerUniversity, provides ongoing training and feedback to ensure continued penetration, ethical presentations and increased profits for IAS dealership customers. Headquartered in Austin, Texas, IAS has hundreds of certified agents throughout the United States and provides technology solutions and aftermarket products for many of the top-100 dealer groups. For more information, please visit www.iasdirect.com.