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Hewlett-Packard EVP brings technology, business development expertise to automotive pricing website
SANTA MONICA, Calif., Sept. 18, 2013 /PRNewswire/ -- TrueCar, a leading online marketplace that compiles and analyzes car-buying information, has named technology and business development leader Todd Bradley to its board of directors.
Bradley is Executive Vice President, Strategic Growth Initiatives at Hewlett-Packard (HP). He is responsible for enhancing HP's business in China and extending the company's partner relationships around the world, which includes cultivating opportunities with early-stage companies that can contribute to HP's long-term growth.
"Todd's industry-leading track record of identifying and fostering strategic partnerships in the technology space aligns perfectly with TrueCar," said Scott Painter, founder and CEO of Santa Monica-based TrueCar. "We're honored to have Todd on our board of directors to help grow current relationships and create new ones."
Prior to assuming his current role at HP, Bradley was the Executive Vice President for Printing and Personal Systems. Under his leadership, HP firmly established itself as one of the top PC vendors in the world, adding more than $20 billion in revenue and increased profitability threefold. In 2009, Bradley received the prestigious Friendship Award from China, the highest accolade presented to foreigners who have made outstanding contributions to China's development. During his 30-plus year management career, Bradley has held senior roles at GE Capital, Dun & Bradstreet, Gateway and FedEx. Prior to joining HP, Bradley was the chief executive officer of Palm.
"I was attracted to TrueCar's innovative approach as a performance-based marketing partner to automotive dealers," Bradley said. "I look forward to contributing to TrueCar's legacy of thought leadership and ultimately delivering a hassle-free car-buying experience for consumers."
TrueCar, Inc., headquartered in Santa Monica, Calif., with offices in Santa Barbara, Calif., San Francisco, Calif., and Austin, Texas, is an automotive pricing information and analysis company that creates a better buying experience for dealers and consumers. As an online publisher of unbiased new and used car transaction data, TrueCar.com provides price reports that empower dealers and consumers to agree on the parameters of a fair deal by supplying a transparent, simple understanding of what others recently paid for identically-equipped new cars in their geographic area. TrueCar also owns ALG, the benchmark for vehicle value information to the automotive industry, which has been forecasting residual values for nearly 50 years in both the U.S. and Canadian markets.
TrueCar is a data-driven company that sources, compiles, and analyzes car-buying information unlike anybody in the industry. This is why, since its founding in 2005, TrueCar dealer partners have sold over 900,000 vehicles across the country. Its national network of more than 6,500 Certified Dealers is committed to provide no-hassle pricing for some of the country's largest membership and service organizations, including American Express, AAA, USAA and Consumer Reports that collectively represent more than one million monthly in-market customers.
This press release and the information contained herein is for noncommercial use on "as-is, as available" basis and may be used for informational purposes only. TrueCar makes no representations or warranties, express or implied, with respect to the information contained in this press release and the results of the use of such information, including without limitation, the implied warranty of merchantability, fitness for a particular purpose and non-infringement. The information contained in this press release may include technical inaccuracies or typographical errors. Neither TrueCar nor any of its parents, subsidiaries, affiliates or respective partners, officers, or directors, employees or agents shall be held liable for any damages, whether direct, incidental, indirect, special or consequential, including without limitation, lost revenues or lost profits, arising from or in connection with your use or reliance on the information in this press release.
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