Anne Wojcicki to Join Cazoo Board
Cazoo, the UK's leading online car retailer, announced the appointment of Anne Wojcicki as a Non-Executive Director following its business combination with AJAX I (NYSE: AJAX). The $7.0 billion transaction is expected to complete in Q3. Cazoo has sold over 20,000 cars since its inception in 2018 and offers a seamless online purchasing experience. With over 6,000 subscribers, it leads Europe in car subscriptions. CEO Alex Chesterman expressed optimism about Wojcicki's insights enhancing the company's growth in the $700bn European used car market.
- Appointment of Anne Wojcicki as Non-Executive Director expected to enhance strategic guidance.
- Cazoo's market position strengthens with over 20,000 cars sold and leading online presence.
- Transaction with AJAX I valued at $7.0 billion indicates strong investor confidence.
- None.
Cazoo, the UK’s leading online car retailer, which makes buying your next car as simple and seamless as purchasing any other product online, has today announced that Anne Wojcicki will be joining its Board as a Non-Executive Director, following completion of its business combination with AJAX I (NYSE: AJAX).
Anne Wojcicki to Join Cazoo Board (Photo: Business Wire)
Anne is the CEO and Co-Founder of 23andMe, which pioneered direct-to-consumer genetic testing and has built the world’s premier crowdsourced database of genotypic and phenotypic information to power its research into the genetic causes and potential treatments of disease. Prior to co-founding 23andMe in 2006, Anne spent a decade on Wall Street investing in healthcare and graduated from Yale University with a BS in Biology.
Cazoo recently announced it will list on the NYSE through a
Cazoo is pioneering the shift to online car buying in Europe and since being founded in 2018, has sold over 20,000 cars to consumers across the UK who have embraced the selection, transparency and convenience of buying quality used cars entirely online.
Cazoo owns and reconditions all its cars before offering them for sale on its website for either delivery or collection in as little as 72 hours. Already the leading online car retailer in the UK, Cazoo is also Europe’s leading car subscription player with over 6,000 subscribers across the UK, France and Germany.
Other Cazoo Board members following the transaction closing will include Alex Chesterman OBE (Chair & CEO), Stephen Morana (CFO), Duncan Tatton-Brown (Audit Chair), Dan Och (Non-Exec Director), Viscount Rothermere (Non-Exec Director) and David Hobbs (Non-Exec Director).
Alex Chesterman OBE, Founder & CEO of Cazoo said, “I am delighted that Anne will be joining the Cazoo Board once the business combination with AJAX completes. Her insights and experience of building and scaling a digital consumer brand and reinventing the DNA testing space will be highly valuable as we continue to transform the car buying experience for consumers across the UK and Europe.”
Anne Wojcicki, CEO & Co-Founder of 23andMe, said, “I am excited to be joining the Cazoo Board and look forward to helping the company achieve its mission to transform the
About Cazoo - www.cazoo.co.uk
Cazoo’s mission is to transform the car buying experience for consumers across Europe by providing better selection, quality, transparency, convenience and peace of mind. Cazoo aims to make buying a car no different to any other product online today, where consumers can simply and seamlessly purchase, finance or subscribe to a car entirely online for either delivery or collection in as little as 72 hours. Cazoo was founded in 2018 by serial entrepreneur Alex Chesterman OBE, has a highly experienced management team and is backed by some of the leading global technology investors.
About AJAX – www.ajaxcap.com
AJAX is a blank check company whose purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. AJAX was founded by renowned US investor Dan Och in partnership with Glenn Fuhrman and strategic advisors including Steve Ells (founder, Chipotle), Jim McKelvey (co-founder, Square), Kevin Systrom (co-founder, Instagram) and Anne Wojcicki (co-founder, 23andMe).
View source version on businesswire.com: https://www.businesswire.com/news/home/20210420005196/en/
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