Sheehan has served as CFO of Cars.com since January 2017 and will leave the company to pursue a new opportunity with a private equity portfolio company.
"On behalf of the CARS team, I want to thank Becky for her many contributions to the Company. She built a strong Finance organization in preparation of CARS becoming a standalone publicly traded company in 2017 and has continued to develop a deep bench of talented Finance executives," said Alex Vetter, Chief Executive Officer of CARS. "Becky was also instrumental in the transformation of CARS expanding from a traditional listings business to a full-service marketing and solutions provider that enables our dealer and OEM customers to compete in an increasingly digital market. We thank Becky for her dedication and wish her well in future endeavors."
"I am proud of what CARS has accomplished in a period of rapid transformation. The Company is well positioned to deliver on its strategic plans and to continue its financial strength," said Becky Sheehan. "I am grateful for the opportunity to have partnered with Alex and to have worked with so many talented colleagues."
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