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Michael Schmidt, Autobytel's Executive Vice President and Chief Financial Officer, provides the company with comprehensive experience in all aspects of finance, as well as operations, investor relations, business development and team management. He also offers deep knowledge of the online automotive marketing space, garnered during his 2000-2001 tenure as CFO of Autoweb.com, now a subsidiary of Autobytel, where he helped guide all strategic, tactical, and operational issues including M&A, strategic negotiations, cost containment and investor relations for the then-publicly traded company.
Schmidt joined Autobytel in April 2004 as Senior Vice President, Finance, and was initially responsible for the company's financial planning and analysis. He later spearheaded the integration of Car.com into the Autobytel business, following the company's acquisition of Stoneage Corporation. Additionally, he led and has been responsible for the implementation of Autobytel's Sarbanes-Oxley compliance program. In November 2004, Schmidt assumed the functions of the Chief Financial Officer.
Schmidt most recently served as CFO and Executive Vice President of San Francisco-based Telephia Inc., a leading provider of performance information for the mobile telecommunications industry, where, among other accomplishments, he was integral in M&A, fundraising, and investor relations.
Prior to his tenure at Autoweb, Schmidt was Chief Operating Officer and Chief Financial Officer at MizBiz, an Internet startup. He was also Director of Finance at Pacificare Health Systems, a $9 billion HMO, where he implemented the changes necessary to achieve best practices in the areas of strategic planning, budgeting, forecasting, and management.
From 1988 to March 1999, Schmidt held various senior level finance and operational positions at IMS Health (formerly Dun & Bradstreet), a $1.4 billion global provider of information solutions and software to the pharmaceutical industry (NYSE: RX). He began his career in 1985 as a Certified Public Accountant with Ernst & Whinney.
Mr. Schmidt received a BA in Business Administration and Accounting from Cleveland State University. | 