STELLA Automotive AI Announces New CEO

STELLA Automotive AI Announces New CEO

With over 25 years of product and business leadership within the global automotive industry, Sands brings a wealth of experience from executive roles at Ford, J.D. Power and Microsoft. 

STELLA Automotive AI announces the appointment of Rich Sands as the company’s new chief executive officer. With over 25 years of product and business leadership within the global automotive industry, Sands brings a wealth of experience from executive roles at Ford, J.D. Power and Microsoft. 

Rich Sands – CEO STELLA Automotive AI

“STELLA delivers breakthrough AI technology to the automotive retail industry, driving quantifiable improvements to dealership operations and customer satisfaction,” says  Sands. “I’m honored and excited to lead this talented team as we define the AI space and deliver game-changing technology specifically engineered for our industry.”

“STELLA is in a hyper growth cycle, and Rich is the ideal person to lead our team,” Josselyn Boudett, founder and chairman of STELLA, said. “His big data expertise and experience with dealership operations are perfectly aligned to drive the STELLA roadmap. We are confident Rich will drive the AI narrative for STELLA and bring even more world-class conversational AI products to the market.”

With a strong background in the automotive sector, Sands founded True North Enterprises and served on the boards of Urban Science, Pursuit Alert and Autometrics. He is also a strategic advisor to The Presidio Group, a prominent independent merchant banking firm in the automotive retail and consumer mobility sectors. Sands holds a Master of Business Administration from Florida Metropolitan University and a Bachelor of Science degree in Business Administration from Central Michigan University.

“Rich is the right leader for STELLA,” Mike Maroone, CEO of Maroone USA and investor in STELLA Automotive AI, said. “His knowledge and proven experience will drive innovative AI solutions that strengthen customer satisfaction and deliver measurable operating results for automotive retailers.”

Geoffrey Pohanka, chairman of the Pohanka Automotive Group and investor in STELLA Automotive AI noted, “STELLA offers an automotive AI engine that is transforming the automotive retail marketplace. Rich Sands brings the necessary expertise to guide the STELLA team and ensure that the technology continues to enhance the interaction between consumers and dealerships.”

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.