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Cars Commerce Appoints Lisa Gosselin as Chief Commercial Officer

1. Lisa Gosselin appointed CCO of Cars Commerce, signaling leadership change. 2. Gosselin has over 25 years in commercial leadership, promising strategic growth. 3. She previously led revenue growth at Numerator with double-digit growth. 4. Focus on optimizing sales channels and enhancing partnerships for CARS. 5. Prior leadership launched successful commercial strategies and diversified offerings.

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Why Bullish?

Gosselin’s proven track record in revenue growth could boost investor confidence, similar to past leadership changes in tech firms that resulted in positive stock performance.

How important is it?

The appointment of Gosselin directly influences Cars Commerce's strategic vision, which can significantly impact stock performance, as her experience aligns with CARS' growth objectives.

Why Long Term?

Effective new leadership typically uplifts company performance over time, as demonstrated by other firms like Adobe after strategic leadership shifts.

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NASDAQ: NUMNYSE: ADBENYSE: PEP
Accomplished commercial leader brings proven track record of accelerating organic revenue growth and transforming go-to-market strategies across SaaS, adtech and data, /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce"), an audience-driven technology company empowering automotive, announced today the appointment of Lisa Gosselin as its Chief Commercial Officer, succeeding Doug Miller. Gosselin brings more than 25 years of commercial leadership experience within SaaS, adtech and data across key verticals including retail and automotive. The move helps accelerate the Company's platform and growth strategy. Cars Commerce Appoints Lisa Gosselin as Chief Commercial Officer "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 U.S. Business Development and CRM solutions as well as the auto vertical supporting OEMs. In addition, Gosselin spent 14 years at Catalina Marketing, a leader in data-driven marketing solutions, and served in multiple roles at Anheuser-Busch, PepsiCo, and Suntory, Inc."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 COMMERCECars 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.SOURCE Cars Commerce WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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