Cars.com Announces Chief Financial Officer Transition
Sonia Jain will remain as Executive Advisor through March 31, 2027, to support an orderly transition.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Cars.com (NYSE: CARS) appointed Trent Ziegler as Chief Financial Officer-Designate, effective October 19, 2026, ahead of his succession to CFO.
Ziegler will formally succeed Sonia Jain on November 6, 2026. Jain will remain an Executive Advisor through March 31, 2027, to support an orderly transition. Ziegler joins from fintech holding company FairSquare, where he served as CFO. Previously, he spent more than a decade at LendingTree, including three years as CFO and seven years leading Investor Relations and Treasury.
Key Figures
- CFO-designate appointment effective
- October 19, 2026
- Ziegler's appointment as CFO-Designate
- CFO role begins
- November 6, 2026
- Ziegler succeeds Sonia Jain as CFO
- Executive Advisor term ends
- March 31, 2027
- Jain's advisory service to the company
AI-generated analysis. How Rhea-AI works. Not financial advice.
Ziegler joins Cars.com from FairSquare, a fintech holding company, where he served as CFO. Before that, he spent more than a decade at LendingTree, an online lending marketplace, including three years as CFO and seven years leading Investor Relations and Treasury. During that time, he helped the company deliver meaningful improvements in profitability, optimized cost structure, and successfully executed complex financing initiatives and growth-oriented acquisitions. Ziegler has extensive experience in financial planning and analysis, with a strong track record of translating financial insights into disciplined decision-making and business performance. He began his career at Ally Financial Inc.
"We are excited to welcome Trent as Cars.com's next CFO," said Tobi Hartmann, Chief Executive Officer of Cars.com. "Trent brings deep marketplace experience and a strong combination of strategic perspective, financial discipline and operational execution. He will help us strengthen performance and create value for our shoppers, customers and shareholders."
"Cars.com has strong fundamentals and real opportunity ahead," said Ziegler. "I'm looking forward to working with the team to further scale the business, drive disciplined capital allocation, and deliver shareholder value."
"We want to thank Sonia for her partnership and contributions to Cars.com," Hartmann continued. "She has helped guide the company's post-spin off evolution by advancing financial infrastructure and systems, implementing value-based pricing, and strengthening the balance sheet. We are well positioned to build on that progress, and we wish her well."
About Cars.com
Cars.com (NYSE: CARS) is a leading marketplace for automotive sales. For over 25 years, we've combined the most reviews in the industry, straight answers, and tools that cut through the noise to help shoppers make confident car decisions. Our scaled marketplace paired with interconnected technology, data, and media gives dealers and OEMs everything they need to sell more cars. Learn more at Cars.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/carscom-announces-chief-financial-officer-transition-302894851.html
SOURCE Cars.com Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When does Trent Ziegler become CFO of Cars.com?
Trent Ziegler will formally become Cars.com's CFO on November 6, 2026, succeeding Sonia Jain. His appointment as Chief Financial Officer-Designate takes effect October 19, 2026.
How long will Sonia Jain stay at Cars.com during the CFO transition?
Sonia Jain will serve as an Executive Advisor through March 31, 2027, to support an orderly transition after Trent Ziegler succeeds her as CFO.