Who is the new CFO of Cox Automotive?

Cox Automotive announced the appointment of a new Chief Financial Officer on Friday. Scott LeTourneau, formerly the Senior Vice President of Corporate Development for Cox Enterprises, Cox Automotive’s parent company, has been named to the position. The current CFO, Mark Bowser, is planning to retire at the end of the year after serving as the CFO of Cox Automotive for six years.

LeTourneau, who has been part of the Cox team since 2012, is set to assume his new role as Executive Vice President and CFO starting this Tuesday. He will lead the company’s finance operations and oversee NextGear Capital. Before taking on his role at Cox Enterprises, LeTourneau held the position of Vice President of Corporate Development at Cox Communications.

Cox Automotive President Steve Rowley expressed his enthusiasm for the new addition, stating in a press release, “I am excited to add Scott LeTourneau to our outstanding leadership team at 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.”

LeTourneau said, “Cox Automotive is a dynamic business that is leading the fast-paced automotive industry during a period of significant evolution. I am honored to join an experienced leadership team and excited to work with the passionate employees across our businesses to bring innovative products, services, and solutions to our customers.”

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