CarsDirect.com Adds COO, CIO to Executive Management Team.Automotive Writers NOTE TO MEDIA: Photo available on BW PhotoWire/AP PhotoExpress, NewsCom, PressLink and on Business Wire's Web site at www.businesswire.com LOS ANGELES--(AutomotiveWire)--Jan. 18, 2000 Building out its executive ranks with senior-level talent, CarsDirect.com, the leading automotive e-tailer, today announced that it has added two key positions to its executive management team. Christine Bucklin, formerly an entrepreneur-in-residence at technology incubator idealab! and a longtime McKinsey & Co. partner, will serve as chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . At the same time, Debra Domeyer has been named chief information officer, bringing extensive information systems management experience from both the private and public sectors, including PG&E and the White House. Both appointments are effective immediately. CarsDirect.com is the first nationwide online service that provides consumers a complete car buying experience - from research, pricing, customization and financing to flatbed delivery of the car to a home or office. "Both Christine and Debra are remarkably talented and experienced executives," said Bob Brisco, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , CarsDirect.com. "Both have excelled in high-growth environments and understand the complexities and challenges of doing business at Internet speed. They are tremendous additions to our executive team." Prior to idealab!, Bucklin was a partner with McKinsey & Company where she served for more than 10 years. Her client work focused on strategy and marketing for clients in the automotive, computer, health care, and energy industries. Additionally, she led the company's Sales Force and Channel Management practice, and was a core member of its Automotive, Retail, and Marketing practices. Prior to being named CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. for CarsDirect.com, Domeyer served as vice president and chief information officer at PG&E Energy Services. In that post, she created Web-based information products in support of a $200 billion nationwide industry promoting commodity products. Domeyer's experience also includes serving as vice president of information systems for Times Mirror Company, where she spearheaded consolidation of technology and applications across the U.S. and led multiple online initiatives. Domeyer directed information systems operation for the Federal Home Loan Mortgage Corporation Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, privately owned, government-sponsored organization that uses private capital to buy home mortgages as a means to help lower housing costs. and led reengineering improvements at Countrywide Home Loans. Her public sector career includes serving in the White House and supervising the development of distributed applications and secure communications for the President's trips worldwide. Before her White House appointment, Domeyer managed systems automation for then-Senator Robert Dole. About CarsDirect.com CarsDirect.com (http://www.carsdirect.com) is a new Internet See Web 2.0 and Internet2. company that lets consumers complete the vehicle purchase transaction. With CarsDirect.com, shoppers can research, price, customize, order and finance a new car or truck over the Web -- selecting from among 2,500 makes and models by every major manufacturer. Unlike referral services, which point people to a dealer to accomplish the transaction, CarsDirect.com takes the customer from inquiry through financing right up to delivery. Based in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , CarsDirect.com is an idealab! company. The company is also funded by idealab! Capital Partners, Primedia Ventures, Foundation Capital, MSD (MicroSoft Diagnostics) A utility that accompanied Windows 3.1 and DOS 6 that reported on the internal configuration of the PC. A variety of information on disks, video, drivers, IRQs and port addresses was provided. Capital LP, Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. , Morgan Stanley Dean Witter, Hambrecht & Quist, E*O Investors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Oracle Corp., Liberty Digital, TMCT TMCT Trailer Mounted Communications Tower Ventures, East Peak Partners, L.P, Hikari Tsushin and Soros Private Equity Partners LLC. |
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