Thursday, 04 January 2018 09:31

Jack Salzman - Lake Norman Chrysler Dodge Jeep Ram Receives National Recognition - Finalist for the 2018 TIME Dealer of the Year

TIME AND ALLY FINANCIAL HONOR CORNELIUS DEALER

Jack Salzman Wins National Recognition for Community Service
and Industry Accomplishments at NADA Convention

Salzman 427x640The nomination of Jack Salzman, owner of Lake Norman Chrysler Dodge Jeep Ram in Cornelius, North Carolina, for the 2018 TIME Dealer of the Year award was announced today by TIME.

Salzman is one of a select group of 47 dealer nominees from across the country who will be honored at the National Automobile Dealers Association’s 2018 NADA Show in Las Vegas, Nevada, on March 23, 2018. The announcement of this year’s nominees was made by Meredith Long, senior vice president and general manager, News, Luxury & Style, TIME, and Tim Russi, president of auto finance for Ally Financial.

“We salute this exceptional group of nominees for the 2018 TIME Dealer of the Year award,” Russi said. “These dealers are local pillars of strength, leadership and giving, and Ally is proud to celebrate their stories and recognize them for their commitment to ‘do it right’ in their communities.”

In its seventh year as exclusive sponsor, Ally will recognize dealer nominees and their community efforts by contributing $1,000 to each nominee’s 501(c)3 charity of choice. Nominees will also be recognized on AllyDealerHeroes.com, which highlights the philanthropic contributions and achievements of TIME Dealer of the Year nominees.

The TIME Dealer of the Year award is one of the automobile industry’s most prestigious and highly coveted honors. Recipients are among the nation’s most successful auto dealers who also demonstrate a long-standing commitment to community service. Salzman, 55, was chosen to represent the North Carolina Automobile Dealers Association in the national competition – one of only 47 auto dealers from more than 16,500 nationwide – nominated for the 49th annual award. The award is sponsored by TIME in association with Ally Financial, and in cooperation with NADA. A panel of faculty members from the Tauber Institute for Global Operations at the University of Michigan will select one finalist from each of the four NADA regions and one national Dealer of the Year.

“The most rewarding part of my retail automotive career has been hiring great people and investing in their future,” nominee Salzman said. “We pride ourselves on searching out quality employees and providing them with the tools and support they need to grow from entry-level jobs up to top management positions within the company.”

A 1980 graduate of Riverview High School in Riverview, Florida, Salzman was the top-rated swimmer in the country for the 200-meter backstroke and competed in the United States Olympic Trials for the summer games in Moscow. He won three silver medals for Team USA in the Maccabiah Games in Israel.

Salzman accepted a full swimming scholarship to Auburn University in Auburn, Alabama, where he received a degree in business administration in 1985. He then went on to earn a J.D. from the Shepard Broad College of Law at Nova University (now Nova Southeastern University) in Fort Lauderdale, Florida, in 1989.

Rather than working with a law firm, Salzman decided he wanted to own his own business after law school and started a cellular phone agency. While partnering with a local car dealership on a successful promotion, the dealer hired him as a sales manager and he has been in the retail automotive industry ever since. Today, he is owner of two Chrysler, Dodge, Jeep and Ram dealerships in North Carolina, located in Cornelius and Gastonia.

“Providing a great customer experience allows us to continue to grow our business, add more positions and retain quality employees for years to come,” Salzman said. “We are proud to employ a very diverse and loyal staff of 108 employees.” And his hiring practice has earned his dealership the 2012 Champions of Diversity award from the Lake Norman Chamber of Commerce, an honor which is very meaningful to him. Salzman was the 2012 Board Chair of the Lake Norman Chamber and he and his wife Robin received the Duke Citizenship & Service Award of the Year in 2014. 

“We have always sought out great employees regardless of gender, race, religion, sexual orientation, etc.,” he said. “As a result of this philosophy, we have been rewarded with extremely low turnover and incredibly caring employees, whom we are able to continually promote to new positions that further their careers.”

Salzman is equally as committed to giving back to his community. “When I purchased the dealership in 2003, my wife and I decided that we wanted to focus our philanthropic time and attention on three areas: animals in need, children in need and women in need,” he said. To this end, he is contributor to the Humane Society of Charlotte (North Carolina), as well as being a founding board member of Lake Norman Humane. And he supports Lake Norman Lucky Cats, which provides trap-neuter-return services, as well as Holly’z Hope, an organization that helps unchain dogs by building fences for homeowners in need.

For women and children, Salzman is a longtime supporter of The Dove House Children’s Advocacy Center in Statesville, North Carolina, and Pat’s Place Child Advocacy Center in Charlotte, as well as Amy’s House in Lincolnton, North Carolina, and The Shelter of Gaston County in Gastonia, which both serve battered women and children. “We believe these organizations serve a critical need in our community,” he said.

Other groups Salzman contribute to include Make-A-Wish; Big Brothers Big Sisters; Habitat for Humanity; Susan G. Komen; American Cancer Society; plus many other local groups.

Salzman was nominated for the TIME Dealer of the Year award by Robert Glaser, president of the North Carolina Automobile Dealers Association. He and his wife, Robin Smith-Salzman, have three children and six grandchildren.


About Time Inc.
Time Inc. (NYSE:TIME) is a leading multi-platform consumer media company that engages over 230 million consumers globally every month. The company’s influential brands include PEOPLE, TIME, FORTUNE, SPORTS ILLUSTRATED, INSTYLE, REAL SIMPLE, SOUTHERN LIVING and TRAVEL + LEISURE, as well as approximately 60 diverse international brands. Time Inc. offers marketers a differentiated proposition in the marketplace by combining its powerful brands, trusted content, audience scale, direct relationships with consumers and unique first-party data. The company is home to growing media platforms and extensions, including digital video, OTT, television, licensing, international markets, paid products and services and celebrated live events, such as the TIME 100, FORTUNE Most Powerful Women, PEOPLE’s Sexiest Man Alive, SPORTS ILLUSTRATED’s Sportsperson of the Year, the ESSENCE Festival and the FOOD & WINE Classic in Aspen.

About Ally Financial Inc.
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. Ally's legacy dates back to 1919, and the company was redesigned in 2009 with a distinctive brand, innovative approach and relentless focus on its customers. Ally has an award-winning online bank (Ally Bank Member FDIC and Equal Housing Lender), one of the largest full service auto finance operations in the country, a complementary auto-focused insurance business, a growing digital wealth management and online brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies.

The company had approximately $164.0 billion in assets as of September 30, 2017. For more information, visit the Ally press room at https://media.ally.com or follow Ally on Twitter: @AllyFinancial.

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