SANTA
MONICA, Calif., Nov. 1, 2022
/PRNewswire/ -- TrueCar, Inc. (NASDAQ:TRUE) announced the
election of Brendan Harrington,
General Manager of Capistrano Valley
Toyota, to its Board of Directors. In addition, Wesley Nichols resigned from the Board. Both
changes were effective on October 27,
2022.
After these changes, TrueCar's Board remains comprised of eight
directors, three of whom are women and seven of whom are
independent.
Mr. Harrington has extensive experience in automotive retail. He
currently serves as General Manager of Capistrano Valley Toyota in San Juan Capistrano, California. From 2018
through 2020, Brendan served as the Chief Operating Officer of
Penske Motor Group, which operates automobile dealerships in
California and Texas. He previously held several leadership
roles at Penske Motor Group beginning in 2003, including President
and General Manager of Longo Toyota
& Scion, the largest car dealership and the number one Toyota
dealership in the U.S. for 50 straight years. He also served in
product-related roles for Mercedes-Benz USA and Nissan North America. Mr. Harrington
has a B.A. from Georgetown University
and an M.A. from Stanford
University.
"We are excited to welcome Brendan to TrueCar's Board
of Directors. His success with leading high-performing dealerships
combined with his OEM experience make him a great addition to our
Board," said Mike Darrow, President
and Chief Executive Officer of TrueCar. "We look forward to his
insights and contributions as TrueCar continues to work with our
Certified dealer network and OEM partners toward delivering a
modern marketplace that brings the car buying experience
online."
About TrueCar
TrueCar is a leading automotive digital marketplace that lets
auto buyers and sellers connect to our nationwide network of
Certified Dealers. With access to an expansive inventory provided
by our Certified Dealers, we are building the industry's most
personalized and efficient auto shopping experience as we seek to
bring more of the process online. Consumers who visit our
marketplace will find a suite of vehicle discovery tools, price
ratings and market context on new, used and Certified Pre-Owned
vehicles. When they are ready, shoppers in TrueCar's marketplace
can connect with a Certified Dealer in our network, who shares our
belief that truth, transparency and fairness are the foundation of
a great auto shopping 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.
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SOURCE TrueCar.com