Cars.com Finance Chief Steps Down; Appoints Jandy Tomy As Interim CFO

Cars.com Finance Chief Steps Down; Appoints Jandy Tomy As Interim CFO
  • Cars.com Inc CARS revealed the resignation of Chief Financial Officer (CFO) Sonia Jain from her post, effective April 15, 2022.
  • Jain is leaving to pursue a new opportunity with a pre-IPO, venture capital-backed company. 
  • The company has appointed Jandy Tomy, Vice President and Treasurer, to serve as interim CFO. 
  • Cars.com has retained a search firm to fill the permanent CFO position.
  • CARS reaffirmed its previously communicated Q1 and annual 2022 outlook made on February 24, 2022.
  • Price Action: CARS shares closed higher by 0.41% at $14.67 on Monday.
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