Cars Commerce Appoints Lisa Gosselin as Chief Commercial Officer
Rhea-AI Summary
Cars Commerce (NYSE: CARS) has appointed Lisa Gosselin as its new Chief Commercial Officer, succeeding Doug Miller. With over 25 years of commercial leadership experience in SaaS, adtech, and data sectors, Gosselin joins from Numerator where she served as Chief Revenue Officer and achieved four consecutive years of double-digit growth.
In her new role, Gosselin will oversee the company's sales channels, optimize go-to-market strategy, deepen strategic partnerships, and drive revenue growth. Her previous experience includes senior positions at Conversant-Epsilon, Catalina Marketing, Anheuser-Busch, PepsiCo, and Suntory.
The appointment, effective immediately, aims to accelerate Cars Commerce's platform and growth strategy, focusing on simplifying automotive retail and wholesale experiences while creating long-term value for dealers, OEMs, and commercial partners.
Positive
- Appointment of experienced executive with proven track record of double-digit growth
- 25+ years of relevant industry experience in SaaS, adtech, and data sectors
- Demonstrated success in revenue growth at previous companies
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CARS declined 21.37%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Accomplished commercial leader brings proven track record of accelerating organic revenue growth and transforming go-to-market strategies across SaaS, adtech and data
"As we continue to simplify the automotive retail and wholesale experience, Lisa is a welcomed addition to our executive team. She is a transformative leader who has built high-performing go-to-market teams and created proven strategies to deliver top- and bottom-line growth," said Alex Vetter, CEO of Cars Commerce. "I am confident Lisa will help us create an exceptional customer experience that deepens product adoption and accelerates growth."
In her new role, Gosselin will oversee the Company's sales channels. She will also be responsible for optimizing Cars Commerce's go-to-market strategy, deepening strategic partnerships, driving revenue growth and creating long-term value for dealers, OEMs and commercial partners.
Prior to Cars Commerce, Gosselin served as Chief Revenue Officer at Numerator, a Bain Capital-backed data and technology firm. Since joining the company in 2020, she transformed Numerator's commercial organization and led the team to four consecutive years of double-digit growth. Before Numerator, Gosselin was a senior leader at Conversant-Epsilon for five years, leading
"I'm thrilled to join Cars Commerce and work alongside such a dynamic team," said Lisa Gosselin. "I look forward to deepening the partnerships with our customers to drive efficiency, profitability and impactful outcomes for their businesses. It is a pivotal time to join the automotive industry and the Cars Commerce team. I'm excited to build on the company's momentum and contribute to its next phase of growth."
"Over the last seven years, Doug Miller oversaw the expansion of our suite of platform solutions, helped launch our unified Cars Commerce commercial brand and created an inspiring sales culture. We are grateful for his leadership and service to Cars Commerce and the automotive industry." Vetter said.
Gosselin's appointment as Chief Commercial Officer is effective immediately.
ABOUT CARS COMMERCE
Cars Commerce is an audience-driven technology company empowering the automotive industry. The Company simplifies everything about car buying and selling with powerful products, solutions and AI-driven technologies that span pretail, retail and post-sale activities – enabling more efficient and profitable retail operations. The Cars Commerce platform is organized around five industry-leading brands: the flagship automotive marketplace and dealer reputation site Cars.com, award-winning website and digital retail technology and marketing services from Dealer Inspire, essential trade-in and appraisal technology from AccuTrade, a reputation-based dealer-to-dealer wholesale auction from DealerClub and exclusive in-market media solutions from the Cars Commerce Media Network. Learn more at www.carscommerce.inc.
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SOURCE Cars Commerce