Raymond
Farabaugh, president of D-Patrick Inc. in Evansville, Ind. wins 56th annual award that
recognizes industry accomplishments and community service at the
108th National Automotive Dealers Association Show
NEW
ORLEANS, Jan. 27, 2025 /PRNewswire/ -- Raymond Farabaugh, president of D-Patrick Inc.
in Evansville, Ind. was announced
as the 2025 TIME Dealer of the Year at the 108th National
Automobile Dealers Association (NADA) Show. Now in its 56th year,
the TIME Dealer of the Year award is one of the auto industry's
most respected and highly coveted honors.
Farabaugh was selected for his outstanding achievements in the
auto industry and his unwavering commitment to making a positive
impact in his community. He is a strong supporter of the Automobile
Dealers Association of Indiana,
where he has served as president, vice president, secretary,
treasurer, and currently on the board of directors. Additionally,
Farabaugh's auto group has invested hundreds of thousands of
dollars annually in direct contributions and sponsorships,
supporting an array of local organizations such as the Ark Crisis
Children's Center, Boone County Cancer Society, Boys & Girls
Club of Evansville, Evansville
Philharmonic Orchestra, Mesker Park Zoo & Botanic Garden,
Ronald McDonald House Charities of Ohio Valley, Special Olympics
Indiana, Tri-State Food Bank, Walk to End Alzheimer's Southwest Indiana, and many more.
Jessica Sibley, CEO of TIME, and
Doug Timmerman, Ally's President of
Dealer Financial Services, announced Farabaugh as the winner at a
ceremony in New Orleans that
honored all 49 nominees. Farabaugh was chosen from a field of more
than 16,000 franchised dealers across the country.
"The TIME Dealer of the Year award celebrates the country's top
dealers who understand that their businesses thrive when they give
back and help their communities grow, and Raymond truly embodies
those qualities that make this award so special," Timmerman said.
"Raymond and all of the TIME Dealer of the Year nominees stand out
for doing it right in their industry and investing in their
communities and dealership teams."
Speaking about the importance of the recognition program, Sibley
said, "At TIME, our commitment to recognizing the exceptional
contributions of automotive dealers remains as strong as ever. The
TIME Dealer of the Year award continues to celebrate those who not
only excel in their profession but also make a meaningful impact in
their communities. We are thrilled to continue this legacy in
partnership with Ally."
The TIME Dealer of the Year winner and finalists are chosen by a
panel from the Tauber Institute for Global Operations at the
University of Michigan. The panel
selects finalists from each of the four NADA regions, and,
ultimately, a national winner from those finalists.
In addition to Farabaugh, the 2025 TIME Dealer of the Year
finalists include:
- Sean P. Baxter, Kayser Ford Inc., Madison, Wis.
- George Haddad, Haddad
Toyota, Pittsfield,
Mass.
- Con Paulos, Con Paulos Chevrolet, Jerome, Idaho
- Cathy Stender, Woody Anderson
Ford, Huntsville, Ala.
As the exclusive sponsor of the TIME Dealer of the Year program
for the 14th year in a row, Ally will provide grants to eligible
501c3 charitable organizations selected by the nominees, finalists,
and winner. Ally has made donations in connection with the program,
totaling nearly $1 million. This
year, Ally will give $10,000 to the
charity of Farabaugh's choice and $5,000 to a nonprofit organization selected by
each of the finalists. In recognition of their achievements, Ally
also will give $1,000 to a charity
selected by each of the 49 nominees.
For more information on the nominees, finalists, and winner,
please visit:
https://www.ally.com/go/allydealerheroes/nominees.
About Ally Financial
Ally Financial Inc. (NYSE: ALLY)
is a financial services company with the nation's largest
all-digital bank and an industry-leading auto financing business,
driven by a mission to "Do It Right" and be a relentless ally for
customers and communities. The company serves approximately 10
million customers with deposits and securities brokerage and
investment advisory services as well as auto financing and
insurance offerings. The company also includes a robust corporate
finance business that offers capital for equity sponsors and
middle-market companies. For more information, please visit
www.ally.com.
For more information and disclosures about Ally, visit
https://www.ally.com/#disclosures.
For further images and news on Ally, please visit
http://media.ally.com.
About TIME
TIME is the 101-year-old global media brand
that reaches a combined audience of over 120 million around the
world through its iconic magazine and digital platforms. With
unparalleled access to the world's most influential people, the
trust of consumers and partners globally, and an unrivaled power to
convene, TIME's mission is to tell the essential stories of the
people and ideas that shape and improve the world. Today, TIME also
includes the Emmy Award®-winning film and television division TIME
Studios; a significantly expanded live events business built on the
powerful TIME100 and Person of the Year franchises and custom
experiences; TIME for Kids, which provides trusted news with a
focus on news literacy for kids and valuable resources for teachers
and families; the award-winning branded content studio Red Border
Studios; the sustainability and climate action division TIME CO2
and more.
About the NADA Show
The annual NADA Show
brings together more than 20,000 franchised dealers and their
employees, industry leaders, manufacturers and exhibitors to learn
about the latest auto industry tools, trends, products and
technologies.
Contact:
Peter Gilchrist
Ally Communications (Media)
704-644-6299
peter.gilchrist@ally.com
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SOURCE Ally Financial
