Autobytel Inc. Announces New Chief Financial Officer
01 6월 2005 - 5:08AM
Business Wire
Autobytel Inc. (Nasdaq:ABTLE), a leading Internet automotive
marketing services company, today announced the appointment of
Michael Schmidt as Autobytel's Executive Vice President and Chief
Financial Officer. Schmidt joined Autobytel in April 2004 as Senior
Vice President, Finance, and was initially responsible for the
Company's financial planning and analysis. Since then, he
spearheaded the integration of Car.com into the Autobytel business,
following the Company's acquisition of Stoneage Corporation.
Additionally, he led, and has been responsible for, the
implementation of the Company's Sarbanes-Oxley compliance program.
In November 2004, Schmidt assumed the functions of the Chief
Financial Officer. "I am very pleased to announce Mike's
appointment," said Autobytel President and CEO Rick Post. "His
impressive financial background, rigorous process discipline and
deep experience in the online automotive arena will serve us well
as we move the Autobytel business forward." Schmidt, who has twenty
years of experience in financial management, brings comprehensive
experience in all aspects of finance to the CFO position, including
operations, investor relations, business development and team
management. Schmidt previously served as CFO of Autoweb.com, Inc.,
now a subsidiary of Autobytel, where he helped guide strategic,
tactical, and operational issues, including M&A, strategic
negotiations, cost containment and investor relations for the
then-publicly traded company. "I welcome the opportunity to
continue to work with this new management team in cementing a solid
process foundation on which we can build and optimize the company's
potential," said Schmidt. Prior to joining Autobytel, Schmidt was
CFO and Executive Vice President of San Francisco-based Telephia
Inc., a leading provider of performance information for the mobile
telecommunications industry, where he played integral roles in
M&A, fundraising, and investor relations. Schmidt spent a
significant portion of his career with IMS Health (formerly a
subsidiary of The Dun & Bradstreet Company), where he held
various senior level finance and operational positions for this
$1.4 billion global provider of information solutions to the
pharmaceutical industry (NYSE:RX). He began his career in 1985 as a
Certified Public Accountant with Ernst & Whinney. About
Autobytel Inc. Autobytel Inc. (Nasdaq:ABTLE), a leading Internet
automotive marketing services company, helps retailers sell cars
and manufacturers build brands through marketing, advertising, data
and CRM (customer relationship management) products and programs.
The Company owns and operates the automotive websites
Autobytel.com, Autoweb.com, Carsmart.com, Car.com, AutoSite.com,
Autoahorros.com, and CarTV.com, as well as AIC (Automotive
Information Center), a trusted industry source of automotive
marketing data and technology for over 20 years. Autobytel is also
a leader in dealership lead management and CRM solutions and owns
and operates AVV, Inc., a top provider of dealership CRM and sales
management products, and Retention Performance Marketing, Inc.,
(RPM(R)), which powers dealerships with cutting-edge customer
loyalty and retention marketing programs. Autobytel was the most
visited new car buying and research destination in 2004, reaching
millions of car shoppers as they made their vehicle buying
decisions. Autobytel's car-selling sites and lead management
products are used by more of the nation's top-100 e-dealers than
any other program.
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