Four nominated to CarLotz board
Consignment-to-retail used-vehicle marketplace CarLotz nominated four individuals to its board of directors, with the company’s chief executive officer and co-founder Michael Bor describing them as “pioneers in their industries.”
CarLotz recently announced it would become a public company via a merger with special purpose acquisition company Acamar Partners Acquisition Corp. The company said it nominated Linda Abraham, Sarah Kauss, Kimberly Sheehy and James Skinner to its board of directors effective at the closing of the business combination transaction.
Abraham is currently managing director of Crimson Capital. She invests in and advises early stage technology companies. CarLotz said the CarLotz board will benefit from her strong strategy and growth experience.
Abraham previously co-founded comScore. For that digital measurement and analytics company, she helped lead efforts to grow the company to 32 offices in 23 countries before it went public in 2007.
She also co-founded Paragren Technologies. Oracle later acquired that company. She also serves on the board of various public, private, and non-profit sector companies. Site Centers, Tiger 21, Upskill, Zum, and Humanest are among those companies.
She also serves on the board of the University of Virginia’s School of Data Science. In addition, she is a 2020-2021 Fellow in the Stanford Distinguished Careers Institute. Abraham will serve as chair of the compensation committee on the CarLotz board.
Kauss is founder and chairwoman of S’well and was previously chief executive officer at S’well for 10 years. In that post, she turned $30K of bootstrap funding from her savings into more than $100 million in revenue, according to CarLotz.
Kauss brings consumer products experience to the CarLotz board. CarLotz said she has a track record of launching companies, building multi-million dollar brands, and assembling leadership teams. She previously worked in international real estate development and accounting, with experience leading international collaboration and partnerships.
She has also provided professional services to public and privately held companies in the technology, consumer products, and media sectors.
Kauss has been recognized as one of Fortune’s “40 Under 40” honoree and EY Entrepreneurial Winning Woman. She also received the Harvard Business School of New York’s Entrepreneurship Award. She will serve on the audit and compensation committees for the CarLotz board.
As for Sheehy, she offers decades of financial and advisory experience to the CarLotz board, most recently serving as chief financial officer for ResMan LLC. That privately owned company provides software to multi-family residential property managers.
Sheehy previously served as chief financial officer of Lori’s Gifts, a privately owned retail company serving U.S. hospitals. Sheehy was previously chief financial & administrative officer for CyrusOne. That public real estate investment trust specializes in engineering, building and managing data center properties.
Sheehy also served in senior posts at Cincinnati Bell Inc. and Ernst & Young. She was honored as Dallas Business Journal’s CFO of the Year and Cincinnati’s One Hundred Wise Women program., She has served as an independent board member and as Audit Committee Chair for Switch Inc. for the past three years. She will serve as the Chair of the Audit Committee on the CarLotz board, also serving as a member of the nominating and corporate governance committee.
Skinner is a retired vice chair of luxury fashion retailer Neiman Marcus Group, bringing financial, retail and branding experience to the CarLotz board.
Skinner’s decades of experience include posts as chief operating officer and chief financial officer at NMG, as well as service on several boards of directors.
Prior to NMG, he served in the posts of executive vice president and chief financial officer at CompUSA. He is also a licensed in Texas as a certified public accountant. He currently serves on the board of directors for Acamar Partners and Ares Commercial Real Estate and on the advisory board of RevTech Ventures. That early-stage venture capital firm focuses on retail technology.
He has also served as chair of various audit, compensation and finance committees. He will chair the nominating and corporate governance committee on the CarLotz board, also serving as a member of the audit committee.
Abraham, Kauss, Sheehy and Skinner will serve on the board along with Bor, who is the chair, and board members Steven Carrel, David Mitchell and Luis Solorzano.