Scott Forbes - Cars Independent Chairman of the Board

CARS Stock  USD 19.89  0.56  2.90%   

Chairman

Mr. Scott E. Forbes is Independent Chairman of the Board of the Company. Scott has nearly 40 years of experience in operations, finance, mergers and acquisitions, business integration, and building online brands. Scott has had significant board experience with companies in the real estate, travel and media industries. He currently serves as Chairman of Rightmove plc, the UKs number one online real estate company, and Ascential, an international businesstomedia company. He previously served as a Director and the Chairman of Orbitz Worldwide, Inc. from June 2013 until its sale to Expedia Inc. in September 2015. Scott also served as a consultant and director of NetJets Europe, a subsidiary of Berkshire Hathaway, from January 2008 to October 2009. From 1990 to 2005, Scott held several senior level positions at Cendant Corporation and its predecessor HFS Inc., which was a leading global provider of travel and residential real estate services, operating in more than 100 countries. He established Cendants international headquarters in March 1999 and was Cendants chief executive for Europe, Middle East, Africa and Asia. During his tenure as group managing director, Scott led and participated in over 45 acquisitions and divestiture transactions and had additional portfolio responsibilities for nontravel and nonreal estate related companies such as National Car Parks Ltd., Green Flag Limited and Cims. Scott holds a BS in Accounting from Rutgers University. since 2017.
Age 62
Tenure 7 years
Address 300 S. Riverside Plaza, Chicago, IL, United States, 60606
Phone312 601 5000
Webhttps://www.cars.com

Cars Management Efficiency

The company has return on total asset (ROA) of 0.0282 % which means that it generated a profit of $0.0282 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0796 %, meaning that it created $0.0796 on every $100 dollars invested by stockholders. Cars' management efficiency ratios could be used to measure how well Cars manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Cars' Return On Assets are comparatively stable compared to the past year. Return On Equity is likely to gain to 0.25 in 2024, whereas Return On Tangible Assets are likely to drop 0.23 in 2024. At this time, Cars' Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 1.4 B in 2024, whereas Other Current Assets are likely to drop slightly above 8.7 M in 2024.
Cars Inc currently holds 483.25 M in liabilities with Debt to Equity (D/E) ratio of 1.3, which is about average as compared to similar companies. Cars Inc has a current ratio of 1.59, which is within standard range for the sector. Note, when we think about Cars' use of debt, we should always consider it together with its cash and equity.

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Cars.com Inc. operates as a digital marketplace and provides solutions for the automotive industry. Cars.com Inc. was founded in 1998 and is based in Chicago, Illinois. Cars operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 1600 people. Cars Inc (CARS) is traded on New York Stock Exchange in USA. It is located in 300 S. Riverside Plaza, Chicago, IL, United States, 60606 and employs 1,700 people. Cars is listed under Interactive Media & Services category by Fama And French industry classification.

Management Performance

Cars Inc Leadership Team

Elected by the shareholders, the Cars' board of directors comprises two types of representatives: Cars inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cars. The board's role is to monitor Cars' management team and ensure that shareholders' interests are well served. Cars' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cars' outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Hale, Independent Director
Sonia Jain, Chief Financial Officer
Bryan Wiener, Additional Independent Director
Douglas Miller, President Officer
Sarah Archibong, Chief Officer
Mitch Golub, CoFounder
Jennifer Vianello, Chief Officer
Greg Heidorn, Chief Officer
James Rogers, Chief Legal Officer
Bala Subramanian, Non-Executive Director
Jenell Ross, Independent Director
Robbin MooreRandolph, Director Relations
Jill Greenthal, Independent Director
Scott Forbes, Independent Chairman of the Board
Doug Miller, President, Chief Commercial Officer
Donald McGovern, Independent Director
Jeanette Tomy, Executive Treasurer
Jerri DeVard, Independent Director
William Swislow, CoFounder
Michael Kelly, Additional Independent Director
T Vetter, President, Chief Executive Officer, Director
Alex Vetter, President CEO, Director
Angelique Marks, Chief Secretary
Katherine Chen, Vice Relations
Greg Revelle, Independent Director
Marita Thomas, Chief Officer

Cars Stock Performance Indicators

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Thematic Opportunities

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Additional Tools for Cars Stock Analysis

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