FOR IMMEDIATE RELEASE
Edmunds.com Promotes Members of Executive Management Team
Peter Steinlauf Appointed Chairman and Chief Executive Officer; Jeremy Anwyl Designated President, Bob Thomas Named Chief Operating Officer; David Haupt Promoted to Chief Information Officer
Santa Monica, CA, November 22, 2000 - Edmunds.com (http:// www.edmunds.com), the web's leading consumer resource for unbiased automotive information, has promoted members of its executive management team. Effective immediately, Peter Steinlauf will become the company's first Chairman of the Board and Chief Executive Officer, Jeremy Anwyl its President, and Bob Thomas its Chief Operating Officer.
"These promotions signify our Board of Directors' recognition of the dedication and effort of key players on Edmunds' executive management team," according to Peter Steinlauf, Chairman and CEO of Edmunds.com. "Additionally, the shifts in title help clarify the roles of the concerned individuals, and reflect responsibilities already undertaken."
Peter Steinlauf acquired Edmunds.com, Inc. (then Edmund Publications Corporation) in 1988. In 1995, he founded the company's web site and dedicated the resources to establish Edmunds.com as the pre-eminent automotive website on the Internet. Before acquiring Edmunds.com, Mr. Steinlauf owned and operated Independent Outdoor Advertising, Inc., a southern California outdoor billboard company. Previously, he was a staff member of the International Monetary Fund in Washington, D.C.
Jeremy Anwyl joined Edmunds in January 2000 as Chief Operating Officer. Born and educated in the United Kingdom, Mr. Anwyl began his US business career consulting for independent automobile dealers. This led him to form Marketec Systems Inc. in 1990, through which he undertook development and implementation of major branding, retailing and distribution initiatives for General Motors, Ford, Toyota and Nissan.
Auto industry veteran Bob Thomas was named Edmunds' Chief Executive Officer of North American Operations in June 2000. The former head of Nissan North America, Inc. is responsible for sales and marketing, partner relationship management and business development. He began his automotive career in 1972 with the Lincoln Mercury Division of Ford Motor Company following an honorable discharge as a Captain in the US Air Force.
Earlier in the month, David Haupt was promoted to Chief Information Officer. Mr. Haupt began his career at Caltech's Jet Propulsion Laboratory. After receiving his MBA from the Kellogg Graduate School of Management at Northwestern, he served as an information technology and strategy consultant for KPMG consulting and DirecTV before joining Edmunds.com in April 2000.
Headquartered in Santa Monica, CA, Edmunds.com (http://www.edmunds.com) is the Internet's pioneer and leader in providing free, third party automotive information, tools and services for consumers. Edmunds.com empowers, educates, and engages visitors by providing them with straightforward information on key aspects of buying, selling, and owning a vehicle. For example, Edmunds has launched its True Market Value products to inform the general public of the actual transaction prices of cars and trucks while the Edmunds.com PowershopperSM offers car shoppers the opportunity to research and pursue online and offline purchase options in the informative, consumer-friendly environment of the Edmunds web site. Visitors are also provided extensive automobile reviews, consumer information, safety updates, incentive and rebate news, expert analysis of developments in the automotive world, and the Town Hall, an interactive community of more than 500,000 active members. Edmunds.com was ranked number one in the Survey of Car-Shopping Web Sites as reported by The Wall Street Journal, rated number one automotive and second overall web site in the Dialscore loyalty study above Yahoo!, Amazon and Mapquest, was named as one of Yahoo! Internet Life's 50 Most Incredibly Useful Sites, one of Money's 50 Most Useful Financial Websites, and is regularly mentioned as a valuable resource in these and other publications.