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Cazoo hires eBay and mobile.de exec Abhishek Roy as MD for Europe

Cazoo's European managing director Abhishek Roy

Cazoo has appointed former eBay and mobile.de executive Abhishek Roy as its European managing director ahead of its planned expansion into France and Germany.

News of the appointment comes a day after the online car retailer revealed that that the £5 billion-valued online car retailer had delivered a £69m adjusted EBITDA loss in the first half of 2021.

Roy will report to Cazoo’s group chief operating officer Paul Whitehead and will be responsible for the launch of Cazoo across, including the expansion of its current team of over 300 employees as the business begins its European expansion.

Cazoo plans to launch in France and Germany before the end of this year.

Cazoo founder and chief executive, Alex Chesterman, said: “I am delighted to welcome Abhishek to the Cazoo team.

“His experience in European automotive marketplaces and his understanding of the importance in creating and delivering exceptional customer experiences is a great match for us as we look to grow our team and deliver the best car buying and selling experience for consumers across Europe.”

Roy has 15 years’ management experience in European consumer technology businesses, with a particular focus in the automotive industry, Cazoo said.

He recently led the sale of eBay’s leading Nordic ecommerce platforms, dba and bilbasen, where he was chief executive, to the Schibsted Media Group.

Roy has also spent time as chief product officer at Germany’s largest car marketplace, mobile.de, where he helped scale the company.

He holds a degree in Economics from Cambridge University and an MBA from INSEAD and started his career as an analyst for Oliver Wyman.

Commenting on his new role with Cazoo, Roy said: “Cazoo has seen phenomenal growth and consumers have embraced the selection, transparency and convenience of buying and selling quality used cars entirely online.

“I am incredibly excited to be joining the Cazoo team to help create a world-class organisation across Europe that delivers consumers with an exceptional digital car buying and selling experience.”

 

Registration opens for Automotive Management Live 2021 car retail expo

Automotive Management Live 2021 - Shaping the future of motor retail

The sector’s premier insight and networking event returns to the NEC, in Birmingham, on November 11.

Book your place early to ensure they are ready to embrace a packed schedule of seminars and interactive stands.

Devonshire Motors owner Nathan Tomlinson said of the event: "Being able to get back to networking and learning in person is something that I'm really looking forward to,” he said, adding: “One thing that really caught my eye was the message about ‘learning new skills to balance your workload’.

“Personally, I think that's going to be a really big deal as we continually put more and more pressure on our teams to handle workflow, often digital, that we just don't have the structure, tools or skills to manage well.”

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