CarNow Announces Appointment of Timothy O’Toole as Chief Financial Officer
Software industry veteran and former Dyn executive joins auto digital retailing company
ATLANTA, May 31, 2022 – CarNow, the automotive industry’s leading digital retailing company, today 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 make 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.
CarNow is a market leader in digital retailing solutions for the automotive industry, creating frictionless, real-time enterprise software solutions to facilitate the transaction between dealers and consumers. Through innovative solutions, shoppers receive enhanced virtual showroom services, with live support at any time, anywhere, delivered to them on any device. With 5,000 dealership customers and over twenty manufacturer certifications, CarNow is one of the fastest-growing companies in automotive. CarNow is headquartered in Atlanta, Georgia. Learn more at https://carnow.com.