Cox Automotive announced today that Scott LeTourneau will become its new executive vice president and chief financial officer, effective September 19, 2023. LeTourneau has been with Cox since 2012 in various corporate development roles, most recently serving as senior vice president of corporate development for parent company Cox Enterprises. He is a proven finance leader with deep expertise in executing strategic corporate transactions and developing diversified growth strategies. At Cox Automotive, LeTourneau will have responsibility for all finance functions and the company’s financial solutions business, NextGear Capital.
“I am excited to add Scott LeTourneau to our outstanding leadership team at Cox Automotive,” said Steve Rowley, president, Cox Automotive. “He is a strategic leader with an operator’s mindset and his experience with a variety of industries and business models will help us continue to lead the automotive industry and grow long into the future. We all look forward to seeing the impact he will make on this incredible business.”
As previously announced, current Chief Financial Officer Mark Bowser will retire at the end of this year. He concludes an incredible 41-year career, including an 11-year run at Cox Communications and six years as chief financial officer for Cox Automotive. Mark has been a key member of the Cox Automotive executive leadership team and has helped lead record revenue growth during his time with the company. He and LeTourneau will work together for the next four months to ensure a smooth transition.
“Scott is a talented, driven and knowledgeable leader,” said Dallas Clement, president and chief financial officer, Cox Enterprises. “He has a history of building relationships across the company, always comes to the table with a well-thought-out point of view, and simply put, has a knack for getting things done. He has played a critical role in the growth and evolution of our business at Cox Enterprises,…
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