PRESS RELEASE: CarOffer Welcomes Scott Wood as Senior Vice President of Operations

Wood brings deep experience managing operations for two-sided wholesale automotive marketplaces

ADDISON, Texas., Sept. 25, 2024 — Leading digital wholesale platform CarOffer, part of the CarGurus (Nasdaq: CARG) network, today announced the addition of Scott Wood as Senior Vice President of Operations. In his role, Wood leads day-to-day operations, strategic planning, and implementation of operational improvements in support of CarOffer’s goal to enhance all aspects of the dealer wholesale transaction experience.

“Scott brings a true 360-degree view to the wholesale acquisition experience through his unique career trajectory, which spans dealership management, scaling digital wholesale operations, and optimizing trade operations for digital retail platforms,” said Zach Hallowell, Chief Executive Officer of CarOffer. “We believe his industry knowledge and commitment to building highly effective teams will support CarOffer’s strategic objectives as we focus on optimizing the dealer experience.”

Wood brings decades of automotive experience to the role, with extensive expertise driving operational excellence for digital wholesale businesses through strategy development, sales planning, and overall business optimization. Prior to joining CarOffer, Wood spent the last eight years building, executing, and maintaining the national digital wholesale strategy for Carvana, most recently serving as Head of Wholesale Innovation. 

Before that, he led operations for digital retail and wholesale platforms at various levels of growth, including OPENLANE and TrueCar. In these roles he helped enhance business processes, tested and implemented new technology, and streamlined nationwide fulfillment processes. 

Wood got his start in the automotive industry in retail sales as the owner of two franchise dealerships, providing him with a first-hand understanding of how data-driven sourcing methods can support dealer priorities and enhance their retail and wholesale business objectives.

“Having worked for years on the digitalization of the traditional auction experience, it’s clear that CarOffer’s BuyingMatrix and 24/7 platform offer a superior approach and represent true digital wholesale,” added Wood. “It’s a combination of data intelligence and automation that drives smart decisions for all participants. I am energized by the opportunity to work alongside the team introducing modern wholesale methodology to more buyers and sellers.”

Wood earned a Bachelor of Science degree in Business Administration from The Citadel, the Military College of South Carolina. 

About CarOffer
Founded in 2019, CarOffer is the automotive industry’s leading digital wholesale marketplace that unlocks a dealer’s ability to buy, sell, and trade with automation and ease. Leveraging the power of data, national scale, and the company’s proprietary BuyingMatrix™ technology, CarOffer’s 24/7 online trading platform automates dealer-to-dealer and consumer-to-dealer transactions while also supporting vehicle transportation for seamless user experience.

For more information about CarOffer, visit www.caroffer.com.

Media Contact:
Maggie Meluzio
Director, Public Relations & External Communications

pr@cargurus.com