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SYNETIQ CEO Tom Rumboll joins the BVSF Management Committee

SYNETIQ, an IAA company (NYSE: IAA), and one of the UK’s largest integrated salvage, dismantling and vehicle recycling companies, has announced Tom Rumboll, UK Managing Director for IAA and Chief Executive Officer of SYNETIQ, will be joining the British Vehicle Salvage Federation (BVSF) Management Committee to provide continued support for the trade association.

SYNETIQ CEO Tom Rumboll joins the BVSF Management Committee TR
Tom Rumboll

The BVSF represents and regulates the UK’s vehicle salvage industry to ensure all members are compliant when handling vehicle salvage.

SYNETIQ has positioned itself as one of the leaders in the salvage industry by driving sustainability initiatives and innovative collaborations.

 Tom joins the BVSF Management Committee following in the footsteps of his SYNETIQ and IAA predecessors and will bring a fresh business perspective as well as an active industry voice.

SYNETIQ CEO Tom Rumboll joins the BVSF Management Committee p three

“I am honoured to be joining the British Vehicle Salvage Federation Management Committee, representing SYNETIQ as a progressive business and being a voice for our industry,” said Tom.

 “Our industry is ever-changing, and the need to adapt has never been greater. I look forward to working with the Committee and the wider team as we join together to take our industry forward.”

SYNETIQ CEO Tom Rumboll joins the BVSF Management Committee f p two

Roger West, Secretary General at the BVSF, said:

“I am delighted that Tom has accepted our invitation to join the Federation’s Management Committee, and I look forward to his valued and experienced input moving forward in these ever-changing times.”

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.

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e2e Total Loss Vehicle Management [e2e] is the UK’s only salvage and automotive recycling network with nationwide, environmentally compliant sites delivering performance resilience and service reliability to the insurance and fleet markets.  The network’s online salvage auction www.salvagemarket.co.uk drives strong salvage resale values and faster sales.  e2e’s salvage clients have access to the network’s stocks of over 5 million quality graded, warranty assured reclaimed parts. 

The power of the network model means e2e has the ability to influence industry standards and is committed to continually raising the bar whilst redefining the role and perceived value of the salvage operator.  Network members adhere to robust service level agreements, against which they are audited, in order to ensure performance consistency and a market leading customer experience.  

The salvage and recycling operating environment is evolving rapidly, and e2e is anticipating, listening and responding to changing market needs.  Regulatory compliance, ESG, reclaimed parts, customer experience, EVs, new vehicle technologies, data and reputation risk are just some of many considerations linked to the procurement of salvage services.  e2e will drive further added value to clients and members through the adoption and application of emerging technologies, continuing to differentiate its proposition and position salvage services as a professional partnership. 

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