iCar Asia appoints new CEO

Company News

iCar Asia Limited (ASX:ICQ) is set to welcome Hamish Stone as CEO, effective June this year.
 
Mr Stone is currently Director of Automotive and Verticals at Marktplaats.nl in the Netherlands and a former eBay Inc staffer. 
 
Chairman of iCar Asia Patrick Grove said Mr Stone’s experience will support the automotive network portal owners next phase of development and growth.
 
Current CEO Damon Rielly will continue to service until such time as Mr Stone commences.
 
iCar reported a net loss of $12.5 million at 31 December 2015.

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