Oct 29, 2018

TrueCar Appoints Phil McKoy to its Board of Directors

SANTA MONICA, Calif., Oct. 29, 2018 (GLOBE NEWSWIRE) -- TrueCar, Inc. (NASDAQ: TRUE) today announced the appointment of Phil McKoy, Chief Information Officer at UnitedHealthcare, to its Board of Directors.

Phil McCoy
  Phil McKoy Appointed to TrueCar Board of Directors

 

“We are excited for Phil to join TrueCar’s Board of Directors and look forward to his contributions,” said Chip Perry, president and chief executive officer of TrueCar.  “His extensive background and expertise in technology and innovation will be an asset to our Board as we continue to transform our business and revolutionize the car buying experience.”

Phil McKoy leads UnitedHealthcare’s strategic technology initiatives and the associated capital investments, supporting multiple lines of business and UnitedHealthcare’s digital strategy and platform. Before joining UnitedHealthcare, Phil served as Chief Information Officer for the Global Loyalty Services division of Aimia, a $2.5 billion global leader in loyalty management and analytics. Phil has also served in various leadership roles in digital and information technology at Target Corporation, where he was responsible for the build and launch of the Target.com eCommerce platform and elevating the end-to-end guest experience for in store digital experiences and Target mobile platforms. 

McKoy joins TrueCar’s Board of Directors following Steven Dietz’s departure.  Dietz, the Board’s second-longest serving member, is retiring after nearly 13 years of service.

“We are deeply grateful to Steven for his many years of valuable service and important contributions to TrueCar as director.  We wish him well in his future endeavors,” said Perry.

About TrueCar

TrueCar, Inc. (NASDAQ: TRUE) is a digital automotive marketplace that provides comprehensive pricing transparency about what other people paid for their cars and enables consumers to engage with TrueCar Certified Dealers who are committed to providing a superior purchase experience. TrueCar operates its own branded site and its nationwide network of more than 15,000 Certified Dealers also powers car-buying programs for some of the largest U.S. membership and service organizations, including USAA, AARP, American Express, AAA and Sam's Club. Over one-half of all new car buyers engage with the TrueCar network during their purchasing process. TrueCar is headquartered in Santa Monica, California, with offices in San Francisco and Austin, Texas. For more information, go to www.truecar.com. Follow us on Facebook or Twitter.

TrueCar media line: +1-844-469-8442 (US toll-free) | Email: pressinquiries@truecar.com

Contact
Alison Sternberg
Senior Vice President, Investor Relations
424-258-8771
asternberg@truecar.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/33aef428-5865-40bf-a06f-1d5d05c8ddab

true.jpg

 

Source: TrueCar, Inc.