Even before the NBA card market's surge in popularity, PSA has been among the brands on the rise. Of course, a huge chunk of the grading company's success can be attributed to its president, Steve Sloan. But after three years of steering the ship amidst the card boom and the pandemic, Sloan is now stepping down from his role and taking on a new challenge

In a letter Sloan posted on his Twitter account, he stated that his time serving as PSA president saw the company flying at breakneck speed. This statement comes after NBA card submissions have exceeded PSA's capacity earlier this year, prompting them to halt their services. Sloan also reiterated that during this time, they hired hundreds of new employees and processed over 40,000 cards on a daily basis to cater to the huge demand for authentication and grading.

His imminent departure from PSA isn't the end for Sloan, though. In the same statement, it was also announced that he would take the Chief Marketing Officer role for Collectors Universe, PSA's parent company.

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Galen Donnelly ·

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Galen Donnelly ·

Taking up Sloan's position is no other than Kevin Lenane, PSA's Vice President of Product for the past seven months. Before he went on to take that said position, Lenane led Genamint, a company recently acquired by PSA to help improve its grading efficiency and turnaround time. Sloan added that he will continue improving and advancing the quality of the company when it comes to authenticating and grading NBA cards.

With this change in leadership, collectors are hoping that PSA will continue to improve its services, primarily by opening up all of its service levels once again. Of course, the hobby eagerly anticipates what Lenane will bring to the table while wishing Sloan all the best in this next phase of his career.