PartsTrader, a leader in automotive parts procurement solutions, has appointed Kyle Schmitt as its new Group Chief Financial Officer (CFO). This move comes as the company sets its sights on continued growth and robust financial operations.
Schmitt will play a pivotal role in PartsTrader’s future, overseeing the company’s financial strategy, enhancing profitability, and driving sustainable growth. His extensive experience in finance and strategic planning, spanning over 15 years, will be instrumental in driving the company through its next phase of expansion.
Schmitt’s Excitement for the Future
Upon his appointment, Schmitt expressed enthusiasm for his new role. “I have witnessed first-hand the incredible potential and dedication of our team,” he said. “I look forward to contributing to the growth and success of PartsTrader and driving our mission forward.”
Schmitt’s background includes leadership roles in finance and SaaS operations. He previously served as Chief Strategy Officer at PartsTrader and held executive positions across sectors, including investment banking, M&A, and insurtech.
CEO Welcomes New Leadership
PartsTrader’s CEO, Steve Messenger, expressed confidence in Schmitt’s ability to lead the company’s financial division. “Kyle’s extensive experience and strategic insights have already made an impact on our organization. His leadership will further strengthen our financial operations and contribute to our long-term success,” said Messenger.
About PartsTrader
Founded in Chicago, PartsTrader is the world’s leading parts procurement marketplace, connecting repair shops, parts suppliers, and insurance carriers on a single platform. The company enables repair shops to make informed decisions about part types, pricing, and availability, while suppliers can expand their market reach and better serve customers. Insurance carriers benefit from increased transparency in the procurement process, enabling them to improve accuracy and efficiency on claims.
As PartsTrader enters this exciting new chapter, Schmitt’s appointment as Group CFO to further strengthen the company’s financial foundation and support its continued growth.
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