Benzinga | Aug 24, 2021 07:45AM EDT

IAA Names Susan Healy As CFO; Reiterates FY21 Outlook

* IAA Inc (NYSE:IAA) appointed Susan Healy as executive vice president and chief financial officer, effective September 1, 2021. Healy will succeed Vance Johnston, who is leaving IAA to pursue other opportunities.

* Most recently, Healy served as the senior vice president, finance for Ulta Beauty, where she led corporate strategy, mergers, and acquisitions, financial planning and analysis, treasury, and procurement.

* Additionally, the company reiterated its FY21 financial outlook; Organic revenue growth of 20% -24% from FY20 revenues of $1.385 billion, Organic Adjusted EBITDA growth of 29%-33% compared to FY20 Adjusted EBITDA of $398.5 million.

* Price Action: IAA shares closed 0.75% higher at $52.10 on Monday.