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AUTOBYTEL.COM INC. ANNOUNCES CHIEF FINANCIAL OFFICER
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| Hoshi Printer named CFO |
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| Updated |
Jul 7, 2004 20:35:55 |
| Rating |
 120 ( -14 -11.66% ) |
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Description:
Irvine, CA-April 19, 2001- Autobytel.com inc. (Nasdaq: ABTL) today announced the appointment of Hoshi Printer as Executive Vice President and Chief Financial Officer. Printer served as Autobytel.com's Chief Financial Officer from January 1999 to June 2000. Amit Kothari, Autobytel.com's Interim CFO, will resume his position as Vice President, Corporate Controller for the company.
"I am very pleased to announce Hoshi's return. This quarter alone we have launched a pilot with General Motors, signed an agreement to acquire Autoweb - which is projected to make us a $100 million a year revenue company - and reiterated our Q3 profitability targets," said Mark Lorimer, President and CEO of autobytel.com inc. "Hoshi's extensive background in finance, his understanding of the complexities of the automotive industry, and his experience as CFO of several high profile technology companies, including Autobytel.com, will serve us well as we continue to grow and diversify, both globally and domestically.
"Moreover, as we approach our profitability goal," continued Lorimer, "we are especially pleased that our financial team will continue to benefit from Amit's expertise, not only in the very crucial role of Corporate Controller, but also in the area of strategic financial development."
Printer, who has over 35 years of experience in financial management, has served as CFO of BestOffer.com, a San Francisco-based online used car company, and of Peerless Systems Corporation, a leader in embedded imaging systems.
"I have watched Autobytel.com grow by leaps and bounds over the past year and I am deeply impressed by the company's continued leadership, its very strong management team, its laser focus on profitability and, most significantly, its compelling vision for the future of global online automotive commerce," said Printer. "I am very happy to rejoin the company as part of the team moving the company towards what I believe to be a very exciting and financially solid future."
Printer has also held the CFO post at a number of other high-tech companies, including Neuron Data, developers of high-end, enterprise-wide client-server, object and web oriented tools; Soane Technologies, Inc., an ophthalmics and bioscience business based on polymer chemistry; and Catalytica, Inc., developers of environmental technology. Printer began his career at Xerox Corporation where he spent 17 years, the last six as Vice President, Finance. |
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