Online vehicle sales platform Vroom has chosen a new chief financial officer to oversee financial reporting, accounting, tax, treasury, risk management and financial planning and analysis, as well as leading investor relations for the company. Robert Krakowiak is the company’s new CFO, and was formely in the same role at Stoneridge Corp., a designer and manufacturer of electrical and electronic systems focused on the auto industry.
“I am excited to step into the CFO role at Vroom and continue to help the company execute its strategic plan, accelerate its growth and deliver value for its shareholders. I look forward to partnering with the entire Vroom team to build on the Company’s strong momentum and business fundamentals,” said Krakowiak, in a news release.
Prior to his role at Stoneridge, Krakowiak held roles in finance and investor relations at Visteon Corporation and Owens Corning.
Vroom chief executive officer Paul Hennessy said: “Bob has a proven track record of results-driven leadership, strategic thinking and financial acumen. We look forward to benefiting from his leadership and expertise as we continue to execute on our plan, scale our operations and pursue our path to profitability. I am delighted to welcome Bob to the Vroom team.”
The new CFO takes the place of David Jones, who the company said will stay on as a non-executive employee of Vroom through Nov. 30 to help with the transition.
“During his tenure at Vroom, Dave has overseen significant growth and transformation, including leading the company through its IPO, subsequent securities offerings and the CarStory acquisition; I want to thank him for his meaningful contributions to the company. He also built a dedicated and talented finance and accounting team that is extremely well positioned to continue transforming the business and delivering on our objectives. We wish Dave all the best in his future endeavors,” Hennessy said in the release.
Vroom has been on the move this summer. In August, the company continued its expansion with a new hub in Phoenix, after opening another hub the month before in the Pacific Northwest, specifically Seattle.
And the company posted record ecommerce unit sales and gross profits in the second quarter, Auto Remarketing reported in August.
Vroom also operates the Texas Direct Auto and CarStory brands.
Source : AutoFinanceNews
