AutoWeb, a U.S.-based digital marketing company for automotive dealers and manufacturers, has appointed Cox Automotive veteran Carlton Hamer as executive vice president, chief financial officer, replacing fellow Cox alumnus Michael Sadowski.

Carlton Hamer

The firm has also hired Josh Barsetti as vice president, controller and principal accounting officer. 

“As AutoWeb remains focused on operational efficiencies and continuing our growth initiatives, Carlton’s impressive financial acumen and strong industry experience will undoubtedly strengthen our executive leadership team’s capabilities,” Autoweb president and CEO Jared Rowe wrote in an announcement

Josh Barsetti

Hamer brings nearly three decades of experience to the new role, including several leadership positions during a 15-year tenure at Cox Automotive, including executive positions at the company’s Autotrader.com division, where he spearheaded all core accounting and finance functions. He finished his time at Cox with a six-year stint as VP, corporate services, managing the firm’s real estate holdings. 

“During our time at Cox Automotive, several members of AutoWeb’s senior leadership team had the privilege of working with Carlton, and we look forward to the opportunity to work with him again in this important role,” Rowe wrote. 

Barsetti has worked in finance and auditing for nearly 20 years, most recently as senior director of internal audit at Zovio, a publicly traded education-management and technology services company. Prior to Zovio, Barsetti was the chief accounting officer at Cavco Industries, Inc., where he also held roles as senior director of financial administration and director of internal audit. 

AutoWeb, founded in 1995 as Auto-by-Tel (short for Auto by Telephone), specializes in converting web traffic into sales leads for vehicle retailers. Publicly traded under the symbol AUTO, it posted peak quarterly revenue in 2016 and steady declines over the next several years. However, revenue during the pandemic has stabilized, and the company announced year-on-year growth in Q2.

Related Articles