Walt Massey, owner of Walt Massey Automotive Group, has been elected to serve as the Chairman of the Board of Trustees of the MADA Self Insurers Fund (MADA SIF).
The SIF was started by MADA in 1989 to provide workers’ compensation insurance to dealerships. The MADA SIF was the first group fund in Mississippi. Since the beginning, oversight of the insurance program has been the responsibility of dealers serving on the Board of Trustees. It is an insurance program exclusively for dealers run by dealers. The Fund has been incredibly successful, returning over $17 million to participants. Equally important, the Fund supports MADA with non-dues income revenue. This financial support has been used to make MADA one of the most powerful and influential trade associations in Mississippi.
“It is indeed an honor to serve as Chairman of the Board of Trustees of such an important program for many of our members as well as MADA,” said Massey.
Massey started in the family business at the age of eight and left college to run a struggling store his dad had bought in Lucedale. A fierce competitor, Massey took on the challenge. What Massey has accomplished since then is impressive by any standards. He has seized on the ownership opportunity and is now the owner of Walt Massey Automotive Group, which consists of dealerships in Lucedale, Hattiesburg, and Columbia.
“Walt will do a great job as Chairman of the Fund,” said the SIF’s Vice Chairman Roger Bacon. “He is a hard worker and cares about our industry and MADA,” Bacon said further.
Massey also served in several leadership positions with MADA, including Chairman in 2008.
In 2021, Massey was selected as the Mississippi Time Dealer of the Year and recognized for giving generously to his community and numerous charities.
