Michael Levin Named VP of Investor Relations, Previously VP at Deutsche
Bank Securities
PHOENIX--(BUSINESS WIRE)--
Carvana
(NYSE: CVNA), a leading eCommerce platform for buying used cars, today
announced it has hired Michael Levin as the company’s Vice President of
Investor Relations. Most recently a Vice President at Deutsche Bank
Securities, Levin comes with a decade of experience covering the
automotive and retail industries, including companies like Tesla and
General Motors, as well as Carvana. Levin led the automotive dealer
equity research team at Deutsche, conducting industry forecasting,
modeling and research reports – bringing a wealth of knowledge and
experience to his new role at Carvana.
"We've had the fortune of working with Michael in his previous role and
we’re excited he’s come aboard," said Ernie Garcia, founder and CEO of
Carvana. "His experience and know-how ensures he can build a world-class
investor relations function within the company that matches the
opportunity ahead of us, as well as the needs of our growing investor
base."
Carvana began trading on the New York Stock Exchange on April 28, 2017,
just four years after selling its first car online. With the mission to
change the way people buy cars – completely online in as little as 10
minutes – Carvana continues to grow at an aggressive pace, recently
reporting 128 percent year-over-year revenue growth. Customers can shop
more than 7,000 vehicles on Carvana.com, finance, purchase and schedule
vehicle delivery or Car Vending Machine pickup for as soon as the next
day.
“Having covered the entire automotive value chain – and in particular,
the auto retailers over the past eight years – Carvana stood out as a
unique innovator, attempting to breathe fresh air into a staid and
unpleasant consumer experience,” said Levin. “I’m excited to apply my
experience within a fast growing company and believe there’s a number of
exciting opportunities ahead.”
Levin, who is a CFA Charter Holder, will oversee investor relations for
the company, including expanding and educating the company’s long-term
analyst and investor base.
About Carvana (NYSE: CVNA)
Founded in 2012 and based in Phoenix, Carvana’s (NYSE: CVNA) mission is
to change the way people buy cars. By removing the traditional
dealership infrastructure and replacing it with technology and
exceptional customer service, Carvana offers consumers an intuitive and
convenient online automotive retail platform, with a fully transactional
website that enables consumers to quickly and easily buy a car online,
including finding their preferred vehicle, qualifying for financing,
completing the purchase and loan with signed contracts, and receiving
delivery or pickup of the vehicle from one of Carvana’s proprietary
automated Car Vending Machines.
For further information on Carvana, please visit www.carvana.com,
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View source version on businesswire.com: http://www.businesswire.com/news/home/20171128005600/en/
Carvana
Kate Carver, 212-656-9148
[email protected]
Source: Carvana
