PureCars announced a new chief executive office on Thursday: Stephane Ferri, who most recently was strategic advisor for the Presidio Group, following time as senior vice president at vehicle subscription company Flexdrive.

Ferri’s background also includes time at Cox Automotive and Asbury Automotive Group.

PureCars founder Jeremy Anspach transitions out of the CEO role but will continue as a member of the board of directors.

“I’m humbled and honored to work alongside the incredible team at PureCars,” Ferri said in a news release. “Throughout its 15-year history PureCars has been the gold standard for digital advertising and merchandising tools in the industry.

“It is a privilege to lead this dynamic and agile organization into its next phase of growth as we continue to expand our product suite, with our customers at the forefront of everything we do,” Ferri said.

Anspach added: “It’s been an amazing journey taking PureCars from its infancy and evolving it to become a market leader, serving thousands of dealers and gaining certification with over 16 OEMs.

“As we enter into this next phase of growth, Stephane's experience, combined with his strong affinity for technology and customer-first philosophy, is well-aligned with the mission and values of PureCars, and his leadership will position the company well for expansive growth,” he said. “I’m looking forward to staying connected with our dealers, our team and as a board member, but I’m most excited about having Stephane and the leadership team take my vision for the organization to the next level.”