RumbleOn, Inc. Unveils New Executive Leadership Team
RumbleOn, Inc. Unveils New Executive Leadership Team
Michael Quartieri, previously the Chairman of the Board, has stepped into the role of Chief Executive Officer at RumbleOn, Inc. Meanwhile, Cameron Tkach has been promoted to Executive Vice President and Chief Operating Officer. Additionally, Becca Polak has taken on the responsibilities of Vice Chairman and Lead Independent Director.
Significant Changes in Leadership
Effective immediately, these leadership shifts mark a critical phase for RumbleOn, Inc. (NASDAQ: RMBL), the largest powersports retailer in the region. Under this new structure, the company aims to bolster its strategic direction and operational capabilities.
Michael Quartieri's Experience
Mr. Quartieri brings an extensive background in executive management, emphasizing leadership and strategic planning alongside robust financial skills and corporate governance acumen. His appointment as CEO is anticipated to bring a transformative approach to steering the company towards new heights.
Insights from Becca Polak
Becca Polak expressed her enthusiasm regarding Quartieri's appointment, stating, "Mike has had a substantial impact on our financial planning and strategic initiatives. With his experience, alongside Cameron's operational expertise, we are confident RumbleOn will thrive in the powersports market."
Spotlight on Cameron Tkach
Cameron Tkach has over 15 years of expertise within the powersports sector. Having grown up in this industry, he has amassed hands-on experience in various operational roles. Tkach's journey through RideNow Powersports showcases his dedication and aptitude for operational excellence.
Operational Vision
In his new position as COO, Tkach is focused on enhancing operational performance and customer satisfaction. His past roles included Sales Manager to Operations Director, all emphasizing strategic effectiveness and customer engagement. Tkach noted, "I am eager to leverage my experience to elevate RumbleOn’s operational standards and market presence."
Gratitude for Previous Leadership
During this transition, Quartieri took a moment to acknowledge the efforts of former CEO Michael Kennedy, thanking him for his commitment and leadership during his tenure at RumbleOn.
Quartieri remarked, "We appreciate Mike Kennedy's contributions and wish him success in his future endeavors."
Focus on Future Growth
With a newly structured leadership team, RumbleOn is channeling its energy towards growth and profitability. Quartieri has emphasized the importance of improving cash flow as a core objective while ensuring the company remains competitive in the dynamic powersports sector.
About RumbleOn
RumbleOn, Inc. (NASDAQ: RMBL) operates through two main segments: a Powersports dealership group and an asset-light transportation provider, Wholesale Express, LLC. The company has established itself as a leader in the powersports retail landscape, offering over 500 franchises representing numerous brands, products, and services. RumbleOn is also recognized as the largest purchaser of pre-owned powersports vehicles.
Frequently Asked Questions
What leadership changes have been made at RumbleOn?
Michael Quartieri has been appointed CEO, Cameron Tkach is now COO, and Becca Polak serves as Vice Chairman.
Why is Michael Quartieri taking on the CEO role?
Quartieri brings extensive leadership and strategic planning experience, which is vital for guiding RumbleOn into the future.
What is Cameron Tkach's background?
Tkach has 15 years in the powersports industry, with a notable history in various operational positions at RideNow Powersports.
What is RumbleOn's focus moving forward?
The company is concentrating on driving growth, improving profitability, and enhancing operational excellence.
What services does RumbleOn provide?
RumbleOn operates a dealership group and provides transportation services, specializing in powersports products.
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