Auto Trader Welcomes Vinted CEO to Boardroom
Company - People | May 20, 2025 | Aim Group
U.K.-based Auto Trader, the leading automotive marketplace, announced the appointment of two new independent non-executive directors, Megan Quinn and Adam Jay, effective July 1. Adam Jay, currently CEO of Vinted, and Megan Quinn bring with them a wealth of experience in technology and digital innovation, which Auto Trader chairman Matt Davies highlighted as crucial to the company’s strategic goals. These appointments are part of Auto Trader's succession planning as Jay and Quinn join various committees to influence the company’s audit, remuneration, corporate responsibility, and nomination processes. Jay has a substantial background with past positions at Expedia and board positions at companies like Despegar. Quinn has also held significant roles, including independent director positions and advisory roles at large firms, notably Google's product development sector. Jay and Quinn will be replacing Jeni Mundy and Sigga Sigurdardottir following their decision not to seek re-election at the 2025 AGM.
Sectors
- Automotive Marketplace
- Technology
Geography
- United Kingdom – Auto Trader is based in the U.K., which is central to the article as the developments pertain to their board and strategic planning.
- Lithuania – Adam Jay, new independent non-executive director, is currently the CEO of the Lithuania-based recommerce company Vinted.
Industry
- Automotive Marketplace – Auto Trader operates within the automotive marketplace sector, focusing on being a comprehensive online platform for vehicle buying and selling.
- Technology – Both Megan Quinn and Adam Jay have significant backgrounds in technology and digital innovation, relevant to Auto Trader's strategy for technological advancement.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Auto Trader | Target Company | Company | The largest automotive marketplace in the U.K., undertaking strategic succession planning for its board. |
| Megan Quinn | Incoming Independent Non-Executive Director | Person | A former lead independent director at Rover.com and notable for her previous roles at Google. |
| Adam Jay | Incoming Independent Non-Executive Director | Person | CEO of Vinted and former president of Hotels.com, with extensive experience in board roles at various companies. |
| Vinted | Current Employer of Adam Jay | Company | A Lithuania-based recommerce company for which Adam Jay is the current CEO. |
| Matt Davies | Chair | Person | Chair of Auto Trader, overseeing the board's succession and strategic initiatives. |
| Rover.com | Former Affiliation of Megan Quinn | Company | Pet services marketplace where Megan Quinn was the lead independent director prior to its privatization. |