Classified Ventures, LLC Names Michael Cronin Chief Legal Officer

      Classified Ventures, LLC Names Michael Cronin Chief Legal Officer

PR Newswire

CHICAGO, April 18, 2013

CHICAGO, April18, 2013 /PRNewswire/ -- Classified Ventures, LLC, a premier
online media company in automotive and rental search, today announced that
Michael Cronin, a Senior Counsel at the company, has been named Vice President
and Chief Legal Officer. As CLO, Cronin is responsible for oversight of all
legal matters, including intellectual property, mergers and acquisitions,
employment law, IT licensing, corporate governance and compliance matters, as
well as scaling the Legal department to the company's growing needs. As CLO,
Cronin also joins the company's Senior Management Team.

"This appointment comes after an extensive internal and external search. Mike
has forged strong internal relationships, is a respected business partner, and
possesses excellent skills as a lawyer," said Dan Jauernig, Classified
Ventures' CEO. "As our two businesses, Apartments.com and Cars.com, rapidly
grow, we look to Mike not only for his legal expertise, but for his strong
leadership."

Cronin joined Classified Ventures six years ago and has worked as in-house
counsel on sweepstakes evaluations, affiliate and channel sales agreements,
employee relations, and acquisitions and divestitures.In addition, he guided
cross-functional teams in designing and rolling out major Cars.com and
Apartments.com product initiatives, while managing legal risks proactively and
helping to achieve time-to-market goals.

"It's a great time to be at CV.We have aggressive growth plans, great
businesses and an ethical and dynamic culture," said Cronin."I have a lot of
passion for this company and am very excited to help lead it."

Cronin has 14 years' experience with technology firms as in-house counsel.
Prior to joining CV, he worked for Level 3 Communications, Inc., as a senior
staff attorney responsible for contract drafting, state and federal regulatory
compliance, and customer/vendor dispute resolution. He earned his B.A. from
Columbia College, Chicago and his J.D. from John Marshal Law School, also in
Chicago.

SOURCE Classified Ventures, LLC

Contact: Ethan Hertzberg, 312-601-5685, ehertzberg@cars.com
 
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