AutoWeb (AUTO) appoints Michael Sadowski to steer the finance company through the next cycle of growth

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Michael Sadowski was reportedly hired by AutoWeb, Inc. (Nasdaq: AUTO) as Executive Vice President and Chief Financial Officer (CFO), replacing J.P. Hannan with effect from Nov. 30, 2020. For a brief time, Hannan will continue with the organization to enable a smooth process.

With more than two decades of experience in manufacturing, analytics, and digital media for businesses including Cox Automotive, GameWorks, and General Electric, Sadowski brings a rich history in financial and organizational skills to AutoWeb. Sadowski led a number of finance and management roles for Kelley Blue Book, Autotrader, and at Cox Automotive, and collaborated closely with several members of the new senior leadership team of AutoWeb.

Jared Rowe, AutoWeb president, and CEO said that Mike’s unique range of expertise and track record of achievement will certainly improve our executive team.

Sadowski was responsible for all revenue generation functions, including merchandise, analytics, corporate growth, and sales and promotions, as well as interactive campaigns and interactions, while he was at GameWorks.

Earlier in his career, Sadowski was responsible for financial planning and analysis, mergers and acquisitions, policy and treasury operations in numerous financial management positions at publicly listed firms such as General Electric Company and NextGen Healthcare, Inc.

Sadowski holds a bachelor’s degree from the Isenberg School of Management at the University of Massachusetts and an MBA from the Marshall School of Business at the University of Southern California. He was also a winner of the 2017 “40 Under 40” award from Auto Remarketing Magazine.

A strong digital media platform for car dealers and OEMs offering digital advertisement strategies, AutoWeb (AUTO) stock jumped 14.29% to $2.69. The Company’s share price was trading at a distance of 29.88% from its 200-days simple moving average.

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