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AutoBidsOnline.com Hires Former CitiFinancial Auto Exec


October 05, 2009

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DALLAS — AutoBidsOnline.com announced it has tapped a seven-year CitiFinancial Auto executive to take over as chief operating officer for the company.

Filling the role is Shannon McCaig, who has more than 20 years' experience in the consumer finance industry and specializes in strategic business analytics and operations management, officials commented.

"Shannon brings tremendous energy and experience to our team," said Jeff Cook, president of AutoBidsOnline.com.

"His experience growing and managing key partner relationships, delivering new products to market and providing flexible solutions for customers will be key to our success," he continued. "He will be directly responsible for managing the internal growth of AutoBidsOnline.com."

In addition to driving company growth, McCaig is charged with developing strategic relationships for the company with various financial institutions.

"One of our primary initiatives is partnering with independent banks, credit unions and other key industry players to drive consumer traffic," McCaig said. "Our model aligns with these organizations' core goals, and we see a great opportunity to bring our new buying model to our partners' target markets."

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