Nov. 10, 2014—Gannett Co. Inc. announced Friday that Alex Vetter, former executive vice president and chief operating officer for Cars.com, has been named president and CEO of Cars.com.
Former Cars.com CEO Dan Jauernig has decided to return to his home city of Toronto to be closer to his family, and has joined a leading financial services firm.
"Alex has deep knowledge of the business, having helped create and strategically build Cars.com as a top destination for online car shoppers," Gannett President and CEO Gracia Martore said in a release. "He is a highly respected leader, with tremendous experience in growing new products and successfully steering expansion into new categories of business. He helped grow Cars.com from a start-up to the leading online automotive marketplace it is today."
Vetter has helped Cars.com grow to over 1,300 employees, serving every local market in the U.S. He has operated in nearly every capacity at Cars.com, serving as senior vice president of Cars.com since 2006 ,until recently taking on the new and expanded role of executive vice president and chief operating officer. From 2001–2005, he was vice president of sales; director of product development and operations from 1999–2001; manager of affiliate operations from 1998–999; and from 1997–1998, he was manager of business development for Classified Ventures. Prior to that, he worked in business development for the Tribune Company.
Vetter is also an active technology investor and sits on the boards of several digital technology companies, including RepairPal.
He was named to Crain's Business "40 Under 40" in 2007.
In 2013, Vetter helped establish the Houndstooth Charitable Fund, which provides resources for worthy causes and/or families in need. It was nationally recognized by the Cystic Fibrosis Foundation in its inaugural year.