AutoWeb Appoints Michael Sadowski to Chief Financial Officer

By Globe Newswire On Nov 22, 2020

AutoWeb, Inc., a robust digital marketing platform providing digital advertising solutions for automotive dealers and OEMs, has appointed Michael Sadowski as executive vice president and chief financial officer (CFO), succeeding J.P. Hannan effective Nov. 30, 2020. Hannan will remain with the company for a brief period to facilitate a smooth transition.

Sadowski brings a diverse background of financial and operational expertise to AutoWeb, with more than two decades of experience in automotive, analytics, and digital marketing for companies like Cox Automotive, GameWorks, and General Electric. At Cox Automotive, Sadowski led a variety of finance and operations functions for Kelley Blue Book, Autotrader, and Dealer.com, and worked closely with several members of AutoWeb’s current senior leadership team.

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“Mike’s unique breadth of experience and track record of success will undoubtedly strengthen our executive team,” said Jared Rowe, president and CEO of AutoWeb. “After our time at Cox, I hoped for an opportunity to work together again, and I am thrilled that the timing aligned so well for him to join our team. Mike will be an important part of our team as we move past the turnaround stages of our business and focus on product innovation and growth. He shares our philosophy and approach to running a lean and efficient organization, and we have personally seen his relentless drive and commitment to results.”

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During Sadowski’s time at GameWorks, he was responsible for all revenue-generating functions—including product, analytics, business development, and sales and marketing—as well as digital strategies and experiences. Earlier in his career, Sadowski served in various financial management roles at publicly traded companies like General Electric Company and NextGen Healthcare, Inc., where he was responsible for financial planning and analysis (FP&A), mergers and acquisitions, strategy, and treasury functions.

Sadowski holds a bachelor’s degree from the University of Massachusetts’ Isenberg School of Management and an MBA from the University of Southern California’s Marshall School of Business. He was also a recipient of Auto Remarketing Magazine’s 2017 “40 Under 40” designation.

“As we welcome Mike to AutoWeb, I want to thank J.P. for his many significant contributions as our CFO over the past two years,” Rowe continued. “He played a key role in restructuring our financials and seeing us through our turnaround, and we wish him the best in his new endeavor.”