John Holt, an Internet pioneer in auto retailing, is retiring from ADP Dealer Services to climb mountains with his daughters.
His last day with the company he founded, Cobalt Group, now a unit of ADP Dealer Services, is Sept. 30.
Holt, 57, said he is leaving while he is in good health and able to pursue a number of passions outside the industry.
Specifically, he intends to mountain-climb with his daughters (he has three), spend more time with his “long-sacrificing” wife, Susan, serve on some nonprofit boards and continue to row competitively near his Seattle home.
“I will miss the front-row seat on the Internet and the auto industry, but you're only on the planet once and there are lots of things to do,” Holt said.
“Susan and I want our three girls to believe they can do anything. The world needs more strong, capable female leaders.”