auto dealer in black and red logo
MenuMENU
SearchSEARCH

AutoWeb Names Industry Veteran Jared Rowe President and CEO

The announcement marks Rowe's return to the company where he started his digital marketing career nearly 20 years ago. It also marks his return to the car business.

by Staff
April 13, 2018
AutoWeb Names Industry Veteran Jared Rowe President and CEO

 

2 min to read


IRVINE, Calif. — Jared Rowe is back, less than two years after leaving Cox Automotive for an opportunity outside the car business. And he’s returning to the company where he started his digital marketing career nearly 20 years ago: AutoWeb, formerly known as Autobytel.

The company announced on Thursday the appointment of Rowe as director, president, and CEO. He succeeds Jeffrey Coats, effective April 12, and brings more than two decades of management experience in the automotive and marketing industries. His career includes stints at FordDirect, Cox Automotive, and most recently Cerberus-backed YP Holdings — where he served as president and played a key role in improving YellowPages.com’s business operations and in its eventual sale to Dex Media last year.

“Jared has a strong track record of successfully implementing strategic plans to revitalize automotive businesses competing in the e-commerce industry,” said AutoWeb Chairman Michael Fuchs. “His leadership and restructuring at YP Holdings and Cox Automotive led to material operating improvements and enhanced competitive positioning. Jared will be an invaluable addition to our company as he shares our vision of delivering the highest quality marketing products to dealers and OEMs.”

While at Cox Automotive, Rowe served as president of the media solutions group and was responsible for leading the Autotrader, Kelley Blue Book, Dealer.com and Haystack business units. He originally joined the company in 2010 as vice president of product management at Autotrader, and was then named president of Kelley Blue Book before being tapped to oversee Cox’s media solutions group.

Today’s announcement marks his second stint with AutoWeb, having joined the company in 1998 as manager of strategic business development.

“It’s been nearly 20 years since I kicked off my digital marketing career at the former Autobytel. I am excited to rejoin AutoWeb to lead the continued evolution of this digital marketing platform that specializes in providing OEMs and dealers with high-quality, performance managed campaigns,” Rowe said of his appointment. “We have a solid foundation to build from with an established brand, advanced technology, an extremely talented team and clients that value the quality of our products. I look forward to leveraging my experiences to help return AutoWeb to growth by introducing new strategies and initiatives that I believe will unlock the company’s full potential and maximize shareholder value.”

As for Coats, Fuchs said: “I would like to thank Jeff for his many years of service and dedication to AutoWeb. He has been an exceptional CEO for more than a decade and a valued board member since 1996. We look forward to continuing to work with Jeff as he assists Jared during a transition period as a consultant. We wish him the best in his future endeavors.”

More Auto Finance

Industryby StaffAugust 15, 2024

The Risk When the Customer Is Not in the Dealership

Take this series of steps to help protect your business from fraud by this method.

Read More →
F&Iby StaffAugust 13, 2024

Auto Loan Access Keeps Falling

July conditions tighter for consumers despite average loan rate decline.

Read More →
F&Iby StaffAugust 12, 2024

Dealers Wary of AI in Auto Finance

Poll shows growing aversion to technology’s accelerating part in process.

Read More →
Ad Loading...
Auto FinanceJuly 25, 2024

Is the Death Knell Being Sounded for Dealer Financing?

There appears to be a regulatory target on auto dealer-provided loans.

Read More →
Industryby StaffJuly 24, 2024

Ferrari Calls Cryptocurrency Foray a Success

Carmaker will add the payment options in its European dealerships this month after introducing it in the U.S. last year.

Read More →
Industryby StaffJuly 16, 2024

New-Vehicle Affordability Is Up

June conditions, including best average loan rate in a year, make buying more likely.

Read More →
Ad Loading...
Industryby StaffJuly 12, 2024

Pandemic-Era Prices Affect Trade-Ins

New buyers, especially those with EV trade-ins, are feeling the brunt of depreciation as market normalizes.

Read More →
Industryby StaffJuly 1, 2024

Auto Credit Crunch Tightens

Borrowers taking on more debt, moving many into delinquent territory.

Read More →
Auto Financeby StaffJune 19, 2024

New Cars Within Easier Reach

Affordability metrics improved in May as lending costs ebbed, finances flowed more freely.

Read More →
Ad Loading...
Auto Financeby Hannah MitchellJune 13, 2024

A Good Deal

Rising auto loan delinquencies, though bad news, could be another opportunity for agents to help dealers come down from pandemic highs.

Read More →