Sonic Automotive Names Stephen Carvelli as Chief Technology Officer
March 22, 2022 at 06:55 am EDT
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Sonic Automotive, Inc. announced the appointment of Stephen Carvelli as Chief Technology Officer of Sonic Automotive and EchoPark Automotive, a subsidiary of Sonic Automotive. Carvelli joins the company after most recently serving as the Vice President of Software Development Engineering for Comcast Corporation. He has over 25 years of experience in technology; having led a variety of technology strategy, implementation, and digital retailing functions at Lowe's, Chico's, and American Eagle.
Sonic Automotive, Inc. is an automotive retailer in the United States. The Company operates through three segments. The Franchised Dealerships segment provides comprehensive sales and services, including sales of both new and used cars and light trucks; sales of replacement parts and performance of vehicle maintenance, manufacturer warranty repairs, and paint and collision repair services, collectively, Fixed Operations; and arrangement of third-party financing, extended warranties, service contracts, insurance, and other aftermarket products, collectively, finance and insurance (F&I) for its guests. The EchoPark segment sells used cars and light trucks and arranges third-party F&I product sales for its guests in pre-owned vehicle specialty retail locations. The Powersports segment offers guests sales of both new and used powersports vehicles, such as motorcycles, personal watercraft, and all-terrain vehicles; Fixed Operations activities; and F&I services.