STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Cars Commerce Appoints Seasoned SaaS and Marketplace Technologist Cormac Twomey as Chief Technology Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Cars Commerce (NYSE: CARS) appointed Cormac Twomey as Chief Technology Officer, effective Dec. 10, 2025. Twomey will lead innovation, scale the technology platform, advance AI initiatives and support automotive retail and wholesale.

Twomey joins the executive team reporting to CEO Alex Vetter. He previously served as CTO at OpenTable, where he led a migration to a SaaS solutions model that supported revenue growth and scaled the platform to more than 60,000 SMBs. His background also includes CTO at Envoy and engineering leadership at eHarmony.

Loading...
Loading translation...

Positive

  • Appointment effective Dec 10, 2025
  • Reports to CEO Alex Vetter
  • Led SaaS migration at OpenTable enabling revenue growth
  • Scaled platform to 60,000+ SMBs
  • AI and data pedigree emphasized for platform strategy

Negative

  • None.

CHICAGO, Dec. 4, 2025 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company empowering the automotive industry, today announced the appointment of Cormac Twomey as its new Chief Technology Officer (CTO). Twomey will be responsible for speeding innovation, scaling the technology platform, driving the company's continued ascent in AI and enabling automotive retail and wholesale.

"I am excited to welcome Cormac to the team," said Alex Vetter, CEO of Cars Commerce. "Under his leadership, we will enhance our technological foundation and further accelerate our platform strategy. I am confident that Cormac's strong SaaS, digital marketplace, AI and data pedigree coupled with his success in building world-class technology organizations, will be a powerful catalyst for driving innovation and platform advantages to fuel our company's future growth."

Prior to joining Cars Commerce, Twomey held the position of CTO for OpenTable. He led the successful migration of the company from a lead-generation and reservation marketplace into a sophisticated SaaS-based solutions model, enabling revenue growth and realizing the platform's distribution power with small- and medium-sized businesses (SMBs). Twomey helped scale OpenTable's platform to more than 60,000 local SMBs enabling them to compete with larger players through the use of data and technology, aligning with Cars Commerce's vision to enable local retail at scale. Twomey also served as CTO at Envoy and held an engineering leadership position at eHarmony.

"I'm honored to join Cars Commerce with its trusted brands, rich data sets and energetic culture to continue to define how data and technology power automotive retail and wholesale," said Twomey. "I look forward to partnering with the talented team at Cars Commerce to exceed consumer expectations and enable local businesses with leading technology solutions."

Twomey's appointment as Chief Technology officer will be effective Dec. 10. He will join the company's executive team and report to CEO Alex Vetter.

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 industry-leading brands: the flagship automotive marketplace and review site Cars.com, 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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cars-commerce-appoints-seasoned-saas-and-marketplace-technologist-cormac-twomey-as-chief-technology-officer-302632605.html

SOURCE Cars.com Inc.

FAQ

When does Cormac Twomey start as CTO of Cars Commerce (CARS)?

Twomey’s appointment is effective Dec. 10, 2025.

Who will Cormac Twomey report to at Cars Commerce (CARS)?

He will join the executive team and report to CEO Alex Vetter.

What relevant experience does the new Cars Commerce (CARS) CTO have?

Twomey was CTO at OpenTable, led a SaaS migration and held leadership roles at Envoy and eHarmony.

How did Twomey impact OpenTable's platform before joining Cars Commerce (CARS)?

He helped migrate OpenTable to a SaaS model that supported revenue growth and scaled to more than 60,000 SMBs.

What will Twomey focus on as CTO at Cars Commerce (CARS)?

He will focus on speeding innovation, scaling the technology platform, advancing AI and enabling automotive retail and wholesale.
Cars.Com

NYSE:CARS

CARS Rankings

CARS Latest News

CARS Latest SEC Filings

CARS Stock Data

714.17M
51.09M
9.98%
96.64%
9.66%
Internet Content & Information
Services-computer Processing & Data Preparation
Link
United States
CHICAGO