SANTA MONICA, Calif.,
Feb. 23, 2022 /PRNewswire/ --
TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and
transparent online destination for buying and selling new and used
vehicles, today announced that its Chief Financial Officer,
Jantoon Reigersman, has also been appointed Chief Operating
Officer, effective March 1, 2022. As
COO, Reigersman will play a more significant role driving TrueCar's
transformation by seeking to improve operational effectiveness and
fulfillment, in order to drive future revenue growth through new
products and services.
In this role, Reigersman will focus on the rollout and adoption
of TrueCar+, a two-sided marketplace that aims to bring the car
buying experience fully online. TrueCar+ is currently in pilot in
Florida, with plans for full
statewide coverage for new and used vehicles by the end of second
quarter.
"As our Chief Financial Officer, Jantoon has been a key
contributor to developing our business strategy and advancing new
key initiatives and offerings, including TrueCar+. This appointment
allows him to expand his contributions to accelerate our growth and
transformation," said Mike Darrow,
President and CEO of TrueCar.
Reigersman joined TrueCar in January
2021 as Chief Financial Officer, after serving as CFO for
Leaf Group, an NYSE-listed diversified internal, media and
ecommerce company. "I'm excited to take on this expanded role
at such a pivotal time for the company," Reigersman said. "TrueCar+
is an innovative product offering that will revolutionize the
car-buying experience for consumers, while simultaneously helping
our dealer customers achieve greater efficiency," he
added.
Reigersman's appointment will assure TrueCar remains focused on
innovation that can be quickly scaled and delivers value to dealers
and consumers.
About TrueCar
TrueCar is a leading automotive digital marketplace that
enables auto buyers to connect to our nationwide network of
Certified Dealers. We are building the industry's most personalized
and efficient auto buying experience as we seek to bring more of
the purchasing process online. Consumers who visit our marketplace
will find a suite of vehicle discovery tools, price ratings and
market context on new and used cars – all with a clear view of
what's a great deal. When they are ready, TrueCar will
enable them to connect with a local Certified Dealer who shares in
our belief that truth, transparency and fairness are the foundation
of a great auto buying experience. As part of our
marketplace, TrueCar powers auto-buying programs for over
250 leading brands, including AARP, Sam's Club, Navy Federal Credit
Union and American Express. TrueCar is headquartered
in Santa Monica, California,
with an office in Austin, Texas.
For more information, please visit www.truecar.com, and
follow us on LinkedIn, Facebook or Twitter. Email:
pr@truecar.com
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SOURCE TrueCar.com