Dealer-FX is shaking things up with its latest announcement in January, which will see Founder Gary Kalk move into the role of Executive Chairman of the Board of Directors as COO Bill Lucchini steps into the position of CEO.
“I am excited and honoured to be a part of the Dealer-FX team,” said Lucchini. “Since joining last year, I’ve seen first-hand the tremendous benefit that our platform delivers to OEMs and dealers. With the continued support of Gary and HGGC, we are poised to broaden that impact, accelerate growth and increase profitability.”
Lucchini, who joined the company in July 2019, brings with him more than a decade of senior executive experience. Previous positions include SVP and General Manager at global cybersecurity firm Sophos; COO at OnForce, which Dealer-FX describes as a marketplace for leading IT talent; and Vice President at Intuit, where he led businesses such as QuickBooks Mid-Market Division, QuickBase, and the Intuit Partner Platform.
Founder Gary Kalk said the intent was always for Lucchini, who held the role of COO for the past six months, to eventually take over as CEO. Kalk also said he was “happy to see this transition at a time when Dealer-FX is really poised to accelerate growth in its next chapter.”
“As a business founder and entrepreneur, your role is always evolving, and becoming Chairman is just the latest step on this journey,” said Kalk. “Dealer-FX is at a natural inflection point in its growth, where it makes sense to bring in new leadership.”
Steve Young, President and co-founder of HGGC and member of the Board of Directors at Dealer-FX, said Lucchini brings an “extraordinary talent” for leading high-growth technology businesses, and that the company is confident he is the right person for the job. He also recognized the company’s founder for his work over the years.
“The Board and I want to thank Gary for the tremendous job he has done in creating Dealer-FX, building it into a leader, and quadrupling revenues over the past 3.5 years,” said Young, adding that he is pleased to have “both Gary and Bill on the team as we enter into 2020.”
Dealers can visit Dealer-FX at the upcoming NADA Show in February to learn more about these changes and the company’s offerings.
