Detroit Office Will Service Auto Manufacturer and Dealer Clients
The Cobalt Group, Inc. (Nasdaq:CBLT), a leading provider of Internet-based business-to-business services to the automotive industry, today announced that Chuck Russo has joined the company as vice president of account services and general manager-Detroit, bringing more than 20 years of automotive marketing experience to Cobalt.
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Russo is charged with opening Cobalt’s offices in Detroit and will oversee a team of 50 people who will service auto manufacturers and dealers.
“Chuck is a valuable addition to Cobalt’s management team, bringing not only extensive experience and knowledge of the automotive industry, but the Internet as well. Chuck will play a key leadership role as we establish a physical presence in Detroit,” said John Holt, president and CEO of The Cobalt Group. “Chuck has spent his entire career working with large auto makers and dealer networks and this experience will help Cobalt deepen its service offerings across the nation.”
Prior to joining The Cobalt Group, Russo was senior vice president, group director for the Net connection department at FCB Worldwide, Inc. (formerly Bozell Worldwide, Inc.), responsible for managing business-to-business and online advertising development. FCB’s interactive accounts include DaimlerChrysler, Coleman, Warner Bros., Comedy Central and ShopVac. Previously, Russo held several positions at FCB on the Chrysler advertising account.
Russo has a bachelor’s degree in journalism from the University of Missouri — Columbia. He reports to Cobalt’s Executive Vice President of Sales and Account Services Terry Smail.
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By GlobalDataThe Cobalt Group will open its Detroit office in July. The company is recruiting for a number of account management positions in Detroit and field-based positions across the country.
About the Cobalt Group
The Cobalt Group(TM) (Nasdaq:CBLT), based in Seattle, is a leading provider of Internet-based products and services for the automotive industry. Cobalt helps dealers, dealer groups and automobile manufacturers harness the power of the Internet to realize new efficiencies, win new prospects and better serve their customers.
With approximately 5,600 dealer Web site clients, over 10,000 dealers using its parts locating system, and relationships with 16 automotive manufacturers and more than 50 of the 100 largest dealer groups in the United States, Cobalt is one of the leading technology companies serving the automotive industry. Cobalt operates MotorPlace.com(TM) (www.MotorPlace.com), a business-to-business vertical portal for the automotive industry; DealerNet® (www.dealernet.com), one of the best-known automotive destination sites on the Web; and PartsVoice® (www.partsvoice.com), a leading OEM auto parts locating and data management service. The Cobalt Group also owns IntegraLink Corporation, a leading provider of advanced data collection and reporting services to the automotive industry.
Cobalt offers Web site services that are endorsed by the National Automobile Dealers Association.
