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September 02, 2015 1:26 PM ET

Media

Company Overview of Cox Automotive, Inc.

Company Overview

Cox Automotive, Inc. provides vehicle remarketing services, and digital marketing software solutions for automotive dealers and consumers worldwide. It operates an automotive marketplace for car dealers, manufacturers, and individuals to advertise and market their vehicles; and a portal for international buyers and sellers to source used vehicles from North American wholesale and retail markets. The company also offers real-time inventory optimization and pricing, and customer relationship management system solutions; inventory merchandising, content management, and distribution solutions; and integrated service, maintenance, and repair retention solutions. In addition, it offers wholesale c...

3003 Summit Boulevard

Suite 200

Atlanta, GA 30319

United States

Founded in 1997

3,300 Employees

Phone:

404-568-8000

Fax:

404-568-3060

Key Executives for Cox Automotive, Inc.

Chief Executive Officer and Director
Age: 62
President
Age: 41
Chief Financial Officer and Executive Vice President
Age: 49
Division President of Media
Age: 51
Division President of Software
Age: 51
Compensation as of Fiscal Year 2015.

Cox Automotive, Inc. Key Developments

Dealertrack Technologies Faces Stockholder Complaint over Cox Automotive Deal

Jeremy Hoff, a purported stockholder of Dealertrack Technologies Inc., on July 6, 2015 filed a putative stockholder class-action complaint in the Court of Chancery of the State of Delaware against Dealertrack Technologies, its board members, Cox Automotive Inc. and its unit Runway Acquisition Co. The complaint alleges that, among other things, each board member breached fiduciary duties to Dealertrack Technologies stockholders in connection with the pending acquisition of the company by Cox Automotive and that Cox Automotive and unit Runway Acquisition aided and abetted those breaches. The suit seeks, among other things, declaration as a class action, an order enjoining the offer, the rescission of the offer if it has already been consummated or the award of rescissory damages, an accounting by defendants to plaintiff and other members of the class for all damages allegedly caused by them, and an award of the costs related to the action including attorneys and experts fees. Dealertrack Technologies and its board believe the allegations are without merit. The company said a negative outcome could have a material adverse effect if it leads to preliminary or permanent injunctive relief or rescission of the merger agreement.

Cox Automotive Appoints Maria Soklis as President, Cox Automotive Canada

Cox Automotive reported that Maria Soklis has been named to the newly created role of President, Cox Automotive Canada. The company reported that in this position, Soklis will lead the development and execution of Cox Automotive's Canadian business strategy and operations. Soklis will report to Joe George, senior vice president of Cox Automotive Strategy. to joining Cox Automotive, Soklis was vice president and chief operating officer of Kia Canada.

Cox Automotive Appoints David Doolittle as Vice President of Communications & Community Relations

Cox Automotive has named David Doolittle to the newly created position of Vice President of Communications & Community Relations to improve market reach and industry visibility. Doolittle will support Cox Automotive's initiatives to revolutionize the consumer experience, partner with customers to grow their business, and engage employees around a unique innovation-driven culture that encourages community giving. Doolittle joins Cox Automotive from consumer products marketer Newell Rubbermaid, where as Vice President of Global Communications.

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