Autoquake hires new CEO from Expedia

Thursday, 26 November 2009
dermot-halpin_2Online car supermarket Autoquake has hired ex-Expedia Europe president Dermot Halpin as its chief executive officer.

Overall responsibility
Halpin had overall responsibility for Expedia Europe, which included the Expedia, Hotels.com and Expedia Private Label businesses. Expedia Europe grew to around £2.5bn sales in 2008.

"Dermot is a world-class e-commerce expert and brings deep online experience in one of the most dynamic and competitive online markets," said Fergal Mullen, general partner of Highland Capital Partners, an investor in Autoquake.com.

"The company is now ready to take the next big step in its growth and we are delighted to welcome Dermot in his new role as CEO of Autoquake.com."

Online background
Halpin spent seven years at Expedia, starting in 2001 as operations director for the UK business and then holding the role of president for Expedia Europe for the last three years.

Prior to that Halpin held several senior positions within Tele2, a Swedish telecoms operator. He holds an MBA from INSEAD and studied Engineering at University College Dublin, Ireland.

Autoquake.com said it was on track to increase the number of cars it has sold by 60 per cent in 2009 with revenue increasing by 180 per cent in 2009.

The UK-based company has contracts with 10 of the UK's top 20 leasing companies to remarket their cars.

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