CarNow Appoints Timothy O’Toole as Chief Financial Officer

CarNow Appoints Timothy O’Toole as Chief Financial Officer

Software industry veteran and former Dyn executive joins the auto digital retailing company.

CarNow, the automotive industry’s leading digital retailing company, announced the hire of Tim O’Toole as Chief Financial Officer. With more than a decade of software industry experience, he will serve as an integral member of the executive team, focused on overseeing all financial aspects of the company and driving strategic growth.

“With a disruptive product and talented leadership team, it is a great time to be joining CarNow,” said O’Toole. “CarNow’s best-in-class digital retailing technology platform is transforming how car dealers do business, and I am excited to be joining the team at such an exciting time for both the organization and the automotive industry as a whole.”

O’Toole comes to CarNow with more than 10 years of finance and leadership experience, including his time as CFO for RapidMiner, Yottaa, Dyn and Rapid7. Earlier in his career, O’Toole was on the senior leadership team at BladeLogic, where he led the company through its 2007 initial public offering (IPO).

Uniquely tailored to the needs of dealers, CarNow’s platform includes a suite of real-time digital retailing solutions and integrated partners that enables dealers to defragment the car buying journey, streamline the online-to-in-store shopping process and minimize pain points for customers.

“Having known Tim for nearly 20 years, I am excited for the strategic leadership he brings to our organization and am thrilled to welcome him to the team,” said Andy Park, CEO of CarNow. “Tim was instrumental in our initial public offering and eventual acquisition of BladeLogic, and his proven track record of scaling the financial foundation of technology organizations makes him the perfect fit for CarNow as we enter our next phase of growth.”

O’Toole is a graduate of Bentley University with a Bachelor of Science in accounting.

You May Also Like

Runway Growth Capital Provides Growth Investment to CarNow

The funding will enable CarNow to accelerate product development and enhance its suite of digital retailing solutions.

Runway Growth Capital, LLC (“Runway”), a provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, announced a $40 million commitment to CarNow, a live-data automotive technology platform that helps dealers elevate the car-buying experience by transforming the way they connect with customers.

Orbee and EMG Integrate to Activate Audiences

Orbee’s data management continues to expand with EMG’s white glove approach to CTV and streaming audio advertising.

Paralyzed Veterans of America Receives Donation from Penske

This is the tenth year that Paralyzed Veterans of America and the Penske Automotive Group have partnered together.

Audi Napa Valley Expands into Fairfield

A joint venture between Schomp Automotive Group and Third Set Partners, the latest addition to Fairfield Auto Mall will open May 1, 2024.

ACE Appoints Kamal to VP Role

Tariq Kamal has joined Automotive Compliance Education as vice president of operations.

Other Posts

Xcite Automotive Acquires Pinnacle Automotive

Xcite is also welcoming two new board members as the acquisition enhances efficiency and boosts dealership profitability.

CARFAX Car Listings Approved for GM’s IMR Turnkey Program

This new collaboration helps GM dealers, including Chevrolet, Buick, GMC and Cadillac, save time and stretch budgets.

AutoSuccess Welcomes Kyle Alexander    

Kyle Alexander joins AutoSuccess after three years in TV news where he was a multimedia journalist and meteorologist.

Kyle Alexander, multimedia journalist
Innovative LITESTIX Work Light by BendPak Now Lasts Longer

The larger battery keeps the rechargeable hands-free light shining bright for up to 7 hours, making it easier to work under the hood.