Cox Automotive Makes Executive Changes; Acquisition in Australia

Cox Automotive Makes Executive Changes; Acquisition in Australia

March 3, 2016 — Cox Automotive made a series of executive changes this week as part of the continued integration resulting from last year’s $4 billion purchase of DealerTrack. The Atlanta-based firm also extended its global reach with the purchase of Dealer Solutions, a technology firm in Australia, in a move that could herald further acquisition activity in the area. The acquisition was made by Cox’s pre-owned auction division Manheim.

The executive moves provide more clarity into how Cox intends to move forward as it continues to digest the DealerTrack acquisition. The company has created two new positions for executives that joined the leadership team as part of the acquisition.

Cox named Mark O’Neil to the newly created position of chief operating officer reporting to Sandy Schwartz. O’Neil, who as the head of DealerTrack, successfully managed the sale to Cox, will oversee  the company’s Software, Media, Inventory and Financial Services Groups.

Keith Jezek, who has been with Cox since its acquisition of vAuto several years ago, takes O’Neil’s place as president of Cox’s Automotive Software Group, which includes vAuto, HomeNet Automotive, Haystak, VinSolutions and XTime.

In a third executive move, Cox named Rick Gibbs as its chief product officer, also a new position within the company. Gibbs co-founded Dealer.com, which was acquired by DealerTrack in 2014. Cox created the position to make sure all of its divisions are on the same page and that the company moves forward with a unified product strategy.

Both Jezek and Gibbs will report to O’Neil.

 

 

 

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