After nine years at, Germany’s largest online car marketplace, Daniel Breves (above) is stepping down as CFO.

According to Germany-based automotive magazine Kfz-Betrieb, his departure, in July, is at his own request, announced. Breves wants to “take on entrepreneurial responsibility in another industry,” and has decided to “take on a new professional challenge outside the company,” Kfz-Betrieb reports.

A successor for Breves — who has managed the operational business around the online vehicle marketplace — has yet to be announced.

Breves has worked for since 2014. Prior to that, he served as CEO of Germany-based Schwacke GmbH, a company that conducts research and data collection in the automotive sector. Since 1957, it has let dealers and private individuals estimate a used car’s value for a fee. The basis of its service is the regularly updated so-called Schwacke list.

Breves studied biochemistry at Oxford University, in the U.K. He joined Schwacke in 2010 as finance director for Germany, rising to managing director in 2013. From 2006 to 2010, he was on the management board of fleet management provider Fleet Logistics International. is owned by Norway-based Adevinta, which operates marketplaces in 14 countries.

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