Palazzo to Depart CarGurus as CFO, Transitioning Leadership to Trevisan
Portfolio - People | Feb 26, 2025 | Aim Group
Elisa Palazzo, CFO of CarGurus, will step down from her position effective March 7, as disclosed in a recent regulatory filing. CEO Jason Trevisan is set to assume the role on an interim basis until a new CFO is appointed. Palazzo joined CarGurus in October 2023, taking over from Scot Fredo, who previously served as CFO. Before her tenure at CarGurus, Palazzo was the deputy CFO and SVP of finance at TalkSpace. Her career also includes roles at Hudson Executive Capital, PSP Investments, Point72, Coltrane Asset Management, and an early career as an analyst and associate at Credit Suisse. Palazzo's educational background includes an MBA from Harvard Business School and an M.A. in corporate finance from Università Bocconi in Milan.
Sectors
- Automotive Technology
- Corporate Finance
- Online Marketplace
Geography
- United States – CarGurus is based in the United States, and the article mentions several American firms and institutions connected to Elisa Palazzo's career.
- Italy – Elisa Palazzo obtained an M.A. in corporate finance from Università Bocconi in Milan, Italy, indicating international ties in her educational background.
Industry
- Automotive Technology – CarGurus operates in the automotive technology sector, providing a platform for buying and selling cars.
- Corporate Finance – Elisa Palazzo's background and expertise are in corporate finance, influencing both her role and the company's financial management strategies.
- Online Marketplace – CarGurus functions as an online platform connecting buyers and sellers, similar to the marketplace model used in technology-driven industries.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CarGurus | Company | Target Company | An automotive online marketplace facilitating the buying and selling of cars. |
| Elisa Palazzo | CFO | Person | She is stepping down from her role as the Chief Financial Officer of CarGurus. |
| Jason Trevisan | CEO | Person | Current CEO of CarGurus, set to temporarily assume CFO responsibilities. |
| Scot Fredo | Former CFO | Person | Predecessor CFO at CarGurus prior to Elisa Palazzo. |
| TalkSpace | Former Employer | Company | A two-sided marketplace for online behavioral health services where Palazzo was Deputy CFO and SVP of finance. |
| Hudson Executive Capital | Former Investor | Company | Investment firm associated with Palazzo's previous role at TalkSpace. |
| Credit Suisse | Former Employer | Company | Global investment bank where Elisa Palazzo began her career. |