Trending...
- Wagga Trucks set to expand to the Canberra Region as authorised dealer for Volvo, UD & Mack along with Freighter Group Trailers
- A Declaration of Permanence — AI Memory Sealed to Bitcoin on Independence Day
- UK Financial Ltd. Opens Test-Phase Maya 3 Liquidity Pool on Uniswap with DEX Screener Visibility for Market-Smoothing Ahead of CATEX Exchange Launch
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
- Sahar Education Invites You to Celebrate Afghan Culture and Community
- Homicide Arrest – 1000 Block of South Tacoma Way
- City of Spokane, Catholic Charities Showcase Innovative Homeless Outreach Program at National Conference
- MD Marine Electric Announces Rebranding as MD Electric Group
- Sounds of LA County: 27 Parks.108 Concerts. One County
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
- Only One Flight Stands Between Los Angeles Youth Leaders and a Life-Saving Mission in South Africa
- Stigma Across Borders: Concerns Grow Over Discrimination Against Shincheonji Members Abroad
- Wu-Tang Made One Album for One Buyer. This Band Makes One Original Song for Every Fan
- Tacoma: Preparing the Bid Workshop on July 22
- World Cup Crowds Are a Stress Test for America's Restrooms
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
- David Pedrol named Managing Director in Indonesia
- AutomationIQ Launches to Bring Enterprise-Grade AI Automation to Local and Mid-Market Businesses
- City of Tacoma Continues Working on 'Roadmap to Recovery'
- City of Tacoma Awarded $7.6 Million BUILD Grant for Environmental Analysis and Final Design Phase of Fishing Wars Memorial Bridge Replacement Project
- Spokane City Council Legislative Meetings Now Wednesday Evenings
- Texas Hospitals & Their Patients Describe Two Very Different Healthcare Systems, New Social Knowing
- The Story Tree Literacy Project Seeks Publishers and Librarians to Help Children Become Polyglots
- Discard Junk Removal Named #1 Junk Removal Company in Sacramento Out of 189 Businesses Evaluated
- Spokane: Firefighters Prevent Extension During Fast-Moving House Fire
- J&J Exterminating Mourns the Passing of Founder Bobby John Sr
- Delirious Comedy Club Transforms Into Las Vegas' Newest Live Comedy Studio With Weekly Delirious TV Tapings
- BitTitan Advances MigrationWiz with New Capabilities, Platform Enhancements, and Product Leadership Update
- Sara Abbas Receives "Eniochos" Charioteer Award at 2026 Who is Who International Awards
- Detained at 95: South Korea's Prosecution of a Religious Leader Draws International Alarm
- CCHR: DOJ Takedown Exposes Over $220 Million Defrauded in Behavioral Mental Health Fraud Schemes
- Lady Liberty Is Coming Home: Historic WWII A-26 Invader Begins Her Final Journey to the Tulsa Air & Space Museum
- Homicide Investigation – 1000 block of South Tacoma Way
- The Lashe Announces Limited-Time Sale on Professional Premade Fan Lash Extension Trays
- PropAccount.com Adds Prediction Markets to Its Multi-Asset Prop Firm Platform
- Rising star Hip-Hop and R&B Force Della Drops Highly Anticipated New Single, "Throw It"