Black replaces Terry Koebbe, who will retain his title as CEO. Black will also operate as COO, a title he's held for the last six years.
by Staff
May 24, 2017
2 min to read
ST. LOUIS — Reconditioning services and F&I product provider Dent Wizard International, has named Mike Black president. He will retain his role as COO and replaces Terry Koebbe, who retains his position as CEO.
Black will have more comprehensive responsibility and authority over Dent Wizard’s domestic and international operations. He will also take a more active role in new product development and geographic expansion.
Ad Loading...
“Mike has done a phenomenal job as COO over the past six years,” said Koebbe. “His passion and commitment to success has been a key driver to Dent Wizard's growth, and his ability to connect and lead our field staff has been impressive.
“Equally important, Mike has been very effective in the management and development of relationships with several of our largest customers,” Koebbe added. “It’s been exciting to see Mike's growth as a top executive at Dent Wizard, and I look forward to seeing his handling of expanded responsibilities as president.”
Black added: “It is an honor to serve as Dent Wizard’s president. Working together, including a talented team of leaders, we’ve built an industry-leading company that remains focused on serving customers, expanding our geographic footprint and services, and supporting the frontline managers and technicians that make Dent Wizard a winner. I believe in our ability to create an even better Dent Wizard, and I’m appreciative of the trust and confidence from Terry Koebbe, Gridiron Capital, and the board.”
In this video, Reese Dailey explains how effective follow-up drives better results
across the dealership, including increased sales, higher F&I penetration, and
stronger customer retention.
It may be human nature to back off when a customer seems to say no to a product or service. But experts say F&I managers should operate as though the answer will be the opposite.
Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.
A TransUnion study found that relationship-driven sales models proved to be important, as consumers who used an agent had a lower shopping intensity than those going it alone.
In this video, Reese Dailey of the Automotive Training Academy by Assurant reveals strategies to make cash deals profitable without relying on monthly payment bumps.