Sky-high valuations owe much to Keller

TO THE EDITOR:

It was just over a year ago that we lost Dave Power; now, the sad news that Maryann Keller has left us (“Maryann Keller, formidable Wall Street analyst, pundit and frequent Detroit 3 critic, dead at 78,” autonews.com, June 21). Both were fearsome observers of the auto industry. They shared a critical eye and surfaced the excesses and foibles of the industry.

Little remembered was Maryann’s support of public ownership of dealerships, contrary to manufacturer resistance. Today’s superior valuations of dealerships owe much to her.

Maryann was an eminent Wall Street analyst and sought-after adviser. She will be missed.

SHELDON SANDLER, CEO, Bel Air Partners, Hopewell, N.J. Bel Air Partners is a dealership buy-sell advisory firm.