DealerTrack Announces Departure of ALG CEO John Blair
17 2월 2009 - 9:30PM
Business Wire
DealerTrack Holdings, Inc. (Nasdaq: TRAK), a leading provider of
on-demand software and data solutions for the U.S. automotive
retail industry, today announced that John Blair, the long-time CEO
of Automotive Lease Guide (ALG), will be leaving the company to
pursue new business endeavors. Blair has been with ALG for 12
years, serving as its CEO for 10 years.
During Blair�s tenure, ALG has grown from a residual value
guidebook company to an analytical bellwether and a consulting
mainstay for the automotive industry. ALG was acquired in 2005 by
DealerTrack, and with Blair�s guidance, has greatly expanded its
offerings and its reach in the market.
�John�s leadership and vision will have a lasting effect on the
long-term growth of ALG,� said Mark F. O'Neil, chairman and chief
executive officer of DealerTrack. �ALG has become highly
influential within the automotive industry, and we thank John for
consistently guiding this business forward.�
�It�s been an honor to be at the helm of ALG for the past 10
years and I feel fortunate to have had this opportunity,� said
Blair. �As a DealerTrack company, ALG is well positioned to
continue to break new ground in automotive forecasting.�
Going forward, Raj Sundaram, senior vice president, solutions
and services group at DealerTrack and former president of ALG, will
be responsible for management of ALG. James Clark, a long-time ALG
veteran and most recently the managing director of the editorial
department, will assume the role of general manager. Clark will
serve as senior executive in Santa Barbara, ALG�s headquarters.
About DealerTrack (www.dealertrack.com)
DealerTrack Holdings, Inc. (Nasdaq: TRAK) is a leading provider
of on-demand software and data solutions for the U.S. automotive
retail industry. Our solutions enable dealers to receive submit
credit applications, compare financing and leasing options, sell
insurance, vehicle accessories and other aftermarket products,
document compliance, and execute financing contracts
electronically. The DealerTrack dealer management system (DMS) is
used by dealerships across the United States. Over 20,000 dealers,
730 financing sources, and many other service and information
providers are active in the DealerTrack network. For more
information, visit www.dealertrack.com.
Safe Harbor for Forward-Looking and Cautionary
Statements
Certain statements in this press release regarding ALG�s
position and all other statements in this release other than the
recitation of historical facts are "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
statements involve a number of risks, uncertainties and other
factors that could cause actual results, performance or
achievements of DealerTrack Holdings, Inc. to be materially
different from any future results, performance or achievements
expressed or implied by these forward-looking statements.
Factors that might cause such a difference include: the accuracy
of ALG�s residual value forecasts, ALG�s ability to hire and retain
qualified employees and other risks listed in our reports filed
with the SEC, including DealerTrack's Annual Report on Form 10-K
for the year ended December 31, 2007. These filings can be found at
www.dealertrack.com and the SEC's website at www.sec.gov.
Forward-looking statements included herein speak only as of the
date hereof and we disclaim any obligation to revise or update
TRAK-G
(MM) (NASDAQ:TRAK)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
(MM) (NASDAQ:TRAK)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024