The National Automobile Dealers Association has selected Peter K. Welch as its new president.
Welch, 59, has been president and chief executive officer of the California New Car Dealers Association in Sacramento since 2003, and has managed its government affairs office, including legal, legislative and regulatory affairs, since 1990. It's the country's largest state organization for new-car dealers.
The unanimous decision was made at a special meeting of the NADA Board of Directors in Dallas Tuesday, following an extensive nationwide search. Welch will become the NADA president officially on Feb. 1.