Cars.com Appoints CFO

By Staff Writer June 22, 2020

Cars.com has appointed Sonia Jain to chief financial officer effective July 6.

Jain joins CARS from Redbox and has more than 10 years of retail, technology and financial management experience. At Redbox, she served as CFO overseeing finance, treasury, strategy and analytics, and mergers and acquisitions activities. Prior to Redbox, Jain served as vice president, finance and treasurer with Outerwall. She was previously an investment banker at Morgan Stanley and a consultant at McKinsey & Co.

“I am excited to welcome Sonia to the CARS leadership team. She brings deep experience in the multichannel media distribution space and will ensure the continuation of strong financial and executive leadership within our organization,” said Alex Vetter, president and CEO of CARS. “Sonia joins the company at a time when we have established a strong liquidity position and successfully amended our credit agreement to see us through the pandemic period and beyond. I look forward to partnering with Sonia as the company builds on its successes realized during prior quarters and continues our quest for market leadership.”

Jandy Tomy has served as interim CFO of CARS since January 2020. Tomy will resume her treasurer position as well as other finance responsibilities for the company consistent with her personal objectives. 

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Last modified on Monday, 22 June 2020 13:23

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