Trending...
- Heritage at South Brunswick Introduces New Ferndale Floorplan: The Largest Single-Family Home Design in the Community - 142
- Avenue Dental Care North Spokane Offers Free Emergency Care to Firefighters
- City of Spokane Staff on Hand at Disaster Assistance Center
SANTA MONICA, Calif., Sept. 26, 2023 ~ TrueCar, Inc., a leading online destination for buying and selling new and used vehicles, has announced new leadership appointments and role changes. Oliver Foley is joining TrueCar as Chief Financial Officer, replacing Teresa Luong. Jay Ku will be shifting roles from Chief Commerce Officer to Chief Revenue Officer, while Lisa Hess is promoted to Head of Sales.
Foley will start at TrueCar on October 30 and will be responsible for the company's financial strategy, accounting operations, corporate finance, tax compliance and investor relations. He has spent over 10 years in senior corporate finance and strategy roles across several high-growth consumer brands. He joins TrueCar from Flexcar, LLC, a leading vehicle-subscription business in the U.S., where he led the Finance and Accounting, Risk and Analytics teams responsible for shaping the company's long-term business strategy and growth objectives.
As Chief Revenue Officer, Ku will oversee Dealer Sales and Retention, Wholesale, Affinity Network, and OEM Solutions in addition to existing oversight of marketing and communications. Hess will lead TrueCar's field sales team for both franchise and independent dealers as well as the supporting sales functions. She has nearly 30 years of automotive industry experience in dealer leadership positions.
More on Washingtoner
Jantoon Reigersman, President and CEO of TrueCar said: "We're thrilled to welcome Oliver to the TrueCar team as we build an organization that will continue to deliver deliberate, innovative, and exciting products for both consumers and dealers. We are also excited to promote Lisa who has been pivotal to the success and growth of our dealer partner network. Jay's new role will be principally dedicated to TrueCar's tremendous revenue growth opportunity."
TrueCar has made significant changes in its leadership structure with Oliver Foley joining as Chief Financial Officer replacing Teresa Luong; Jay Ku shifting roles from Chief Commerce Officer to Chief Revenue Officer; while Lisa Hess is promoted to Head of Sales.
Foley brings over 10 years of experience in senior corporate finance roles across several high-growth consumer brands from his previous role at Flexcar LLC where he led the Finance & Accounting teams responsible for shaping the company's long-term business strategy & growth objectives.
As Chief Revenue Officer Ku will oversee Dealer Sales & Retention; Wholesale; Affinity Network; & OEM Solutions along with existing oversight of marketing & communications while Hess takes on responsibility for leading TrueCar's field sales team for both franchise & independent dealers along with supporting sales functions with her nearly 30 years of automotive industry experience in dealer leadership positions.
More on Washingtoner
Reigersman expressed his enthusiasm about these changes saying: "We're thrilled to welcome Oliver to the TrueCar team as we build an organization that will continue to deliver deliberate innovative & exciting products for both consumers & dealers." He further added: "We are also excited to promote Lisa who has been pivotal to the success & growth of our dealer partner network."
The changes made by TrueCar are expected to bring about significant improvements in their financial strategies; accounting operations; corporate finance; tax compliance; investor relations; marketing & communications along with their overall revenue growth opportunities which should help them achieve their goals more efficiently than before.
Foley will start at TrueCar on October 30 and will be responsible for the company's financial strategy, accounting operations, corporate finance, tax compliance and investor relations. He has spent over 10 years in senior corporate finance and strategy roles across several high-growth consumer brands. He joins TrueCar from Flexcar, LLC, a leading vehicle-subscription business in the U.S., where he led the Finance and Accounting, Risk and Analytics teams responsible for shaping the company's long-term business strategy and growth objectives.
As Chief Revenue Officer, Ku will oversee Dealer Sales and Retention, Wholesale, Affinity Network, and OEM Solutions in addition to existing oversight of marketing and communications. Hess will lead TrueCar's field sales team for both franchise and independent dealers as well as the supporting sales functions. She has nearly 30 years of automotive industry experience in dealer leadership positions.
More on Washingtoner
- Spokane: Notice of Intent to Make a Section 4(f) De Minimis Impact Determination
- Spokane Complex Fire Parks & Recreation update 08-12-26
- Ignazio Arces Wins Stevie® Award for Maverick of the Year at the 2026 International Business Awards
- Tickeron Highlights AI Trading Agent Performance Across Multiple Market Sectors
- Stop Bleeding Cash on Mediocre Talent. Build a Powerhouse Remote Team Instead
Jantoon Reigersman, President and CEO of TrueCar said: "We're thrilled to welcome Oliver to the TrueCar team as we build an organization that will continue to deliver deliberate, innovative, and exciting products for both consumers and dealers. We are also excited to promote Lisa who has been pivotal to the success and growth of our dealer partner network. Jay's new role will be principally dedicated to TrueCar's tremendous revenue growth opportunity."
TrueCar has made significant changes in its leadership structure with Oliver Foley joining as Chief Financial Officer replacing Teresa Luong; Jay Ku shifting roles from Chief Commerce Officer to Chief Revenue Officer; while Lisa Hess is promoted to Head of Sales.
Foley brings over 10 years of experience in senior corporate finance roles across several high-growth consumer brands from his previous role at Flexcar LLC where he led the Finance & Accounting teams responsible for shaping the company's long-term business strategy & growth objectives.
As Chief Revenue Officer Ku will oversee Dealer Sales & Retention; Wholesale; Affinity Network; & OEM Solutions along with existing oversight of marketing & communications while Hess takes on responsibility for leading TrueCar's field sales team for both franchise & independent dealers along with supporting sales functions with her nearly 30 years of automotive industry experience in dealer leadership positions.
More on Washingtoner
- Crownlight Strategies® Announces Federal Trademark Registration
- Spokane: PPE Available to Those Returning Home After New Evacuation Downgrades
- Spokane Police Respond to a Vehicle vs. Pedestrian
- New Book Calls 'Sense of Belonging' the Missing Link in Student Success
- Tacoma City Council Set to Join Pierce County's Efforts to Launch Unified Regional Approach to Reduce Homelessness
Reigersman expressed his enthusiasm about these changes saying: "We're thrilled to welcome Oliver to the TrueCar team as we build an organization that will continue to deliver deliberate innovative & exciting products for both consumers & dealers." He further added: "We are also excited to promote Lisa who has been pivotal to the success & growth of our dealer partner network."
The changes made by TrueCar are expected to bring about significant improvements in their financial strategies; accounting operations; corporate finance; tax compliance; investor relations; marketing & communications along with their overall revenue growth opportunities which should help them achieve their goals more efficiently than before.
0 Comments
Latest on Washingtoner
- Gateway Center Arena Announces Duane Curry as General Manger
- Spokane Police Respond to Overnight Shooting in Garland District
- XRPPower Expands Platform Security With Enhanced Brand Protection and Official Verification Standards
- Spokane-Area VFW Posts Open Their Doors to Wildfire Evacuees
- QuickBooks Online Advanced: Features, Benefits Guide
- Cuvo Health, the #1 White Label Telehealth Platform, Surpasses 300 Exclusive Providers Serving All 50 States
- Spokane: City To Provide Extra Garbage Collection for Downgraded Evacuation Zones
- Spokane: City offers guidance on safely returning home after fires
- Qustone Brings Leadership as Infrastructure to the Commercial Space Ecosystem
- Inappropriate Jazz - It's a Musical!
- Spokane: City Testing Shows Water Quality is Safe
- RAS AP Consulting Expands Managed AP Governance™ Ecosystem, Launches Trademark Process, and Secures IFOL Speaker Invitation
- UK Financial Ltd Makes History: Chainlink CRE Circulating Supply Verification Goes Live Across Its Complete Ecosystem Of Nine Exchange-Traded Tokens
- International Rights Groups Raise Alarm Over Freedom of Religion and Expression in South Korea
- WDTA Hosts Landmark DWC Seattle AI Summit in Bellevue, Bridging AI Governance and Innovation
- City of Spokane Staff on Hand at Disaster Assistance Center
- Tacoma: Homicide Investigation – 2100 block of N 30th St
- The City's Most Elegant Open-Air Dinner Party Returns September 12, 2026
- Spokane: Incorrect Info Regarding Downgraded Evacuation Status on Popular App
- FDA Clears Major Regulatory Hurdle as Preservative-Free Ketamine Program Moves Within Reach of Commercialization: NRx Pharmaceuticals: (NAS DAQ: NRXP)